The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those without coding expertise, and comes with a variety of features that can help you take trades to the next level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed and also profits net, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient 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 multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of any trading plan.