The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with many options that will take your trading to the highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading which can be integrated 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 aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules 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 trading strategy, and then determine how many trades that were opened and closed and also its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.