The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those without coding knowledge, and provides a variety of features that can boost your trading to the highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is 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) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.