The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is 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’s simple to use, even for people with no programming experience, and offers various options that will help you take you trading experience to next level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy and determine how many trades that the strategy has opened and closed and also profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.