The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming 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 continuously be on the lookout for market trends. It’s easy to use, even for people with no programming expertise, and comes with many features that can boost trades to the next level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform 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 goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy and determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.