The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides various options that will boost your trading to the highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency 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, greater than 200% over its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can 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 excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades were opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost confidence 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including 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%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.