The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful 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 continuously keep track of the market. It’s simple to use even for those with no programming expertise, and comes with many features that can help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy, and then determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of your trading strategy.