The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those with no programming knowledge, and provides a variety of features that can take trades to the highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious 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, over 200% more than the amount it had set for.
One of the most important 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 constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading and check how many trades the strategy opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most of the trading strategies you employ.