The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those with no programming experience, and offers a variety of options to help you take trades to the next level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from, making it easy 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 receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy and see how many trades the strategy has opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including 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. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can assist you in making the most out of any trading plan.