The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. 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 continuously be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with many options to boost you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy 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 offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to%.
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 like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most out of the trading strategies you employ.