The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides many options that will boost you trading experience to next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the 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, as well as profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most out of the trading strategies you employ.