The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with various features that can take trades to the next step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy and check how many trades were opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.