The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps 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 experience, and offers many options that will help you take your trading to the highest step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 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 market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to determine how many trades that were opened and closed in addition to profits net, 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 has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.