The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding knowledge, and provides various options to help you take you trading experience to highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading to check how many trades were opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will aid you in making the most of your trading strategy.