The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use, even for those with no programming experience, and offers various features that can boost trades to the highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering 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. This is more than 200% above its target.
One of the key 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 examines the market and make trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated trading strategies 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 out of the trading strategies you employ.