The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming knowledge, and provides a variety of options that will help you take you trading experience to next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This is a useful instrument to increase the trust of traders in the trading rules they design.
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 connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most out of any trading plan.