The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming experience, and offers various options to take trades to the highest level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategy. This allows traders to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in 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 an approach that is suitable for them. Additionally, traders can 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 opportunities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy to check how many trades the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate 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 start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.