The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers various options to help you take trades to the next step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust tool that can aid you in making the most out of your trading strategy.