The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides a variety of features that can help you take your trading to the highest level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose 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 strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as 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, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.