The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those with no programming knowledge, and provides many options that will take trades to the highest level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making 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. This is greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades the strategy opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $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 easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.