The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere 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 expertise, and comes with various options that will take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.