The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. 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 monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many options that will take trades to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with several 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 aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy, and then check how many trades the strategy opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including 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 that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $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 take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most out of the trading strategies you employ.