The world of trading cryptocurrency 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 stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming experience, and offers a variety of options to take trades to the next level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed and also its net profits, percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase 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 any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.