The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming experience, and offers various features that can help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is 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, more than 200% above its target.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can help you make the most of your trading strategy.