The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use, even for those without coding expertise, and comes with a variety of options that will take trades to the next level.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering 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, over 200% more than its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that were opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of any trading plan.