The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those with no programming knowledge, and provides various features that can take your trading to the highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect 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 vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will help you make the most out of the trading strategies you employ.