The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming expertise, and comes with various options to take you trading experience to highest level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.