The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those without coding knowledge, and provides a variety of options that will help you take trades to the highest level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders can put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy to determine how many trades that were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.