The world of trading cryptocurrency can be quite 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 helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for people with no programming knowledge, and provides various options to take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. The traders 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 check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of any trading plan.