The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. 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 the need to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of options that will help you take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading 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 target.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for 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. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.