The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those with no programming experience, and offers many options to help you take trades to the next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules available that make it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy, and then determine how many trades that were opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.