The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with a variety of features that can take you trading experience to next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match 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 choose from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.