The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming experience, and offers many features that can boost trades to the highest step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as 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 including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.