The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for people with no programming expertise, and comes with many features that can help you take you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in 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, more than 200% above its target.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.