The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. 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 be on the lookout for market trends. It’s simple to use even for those with no programming knowledge, and provides many features that can boost you trading experience to highest step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can help you make the most out of any trading plan.