The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers a variety of options that will take your trading to the next level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause 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. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of 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 provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of any trading plan.