The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of features that can help you take trades to the highest step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend 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 and also profits net, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can help you make the most of the trading strategies you employ.