The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help 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 knowledge, and provides a variety of options that will take trades to the highest level.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing 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 more than 200% above its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent 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 and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, 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 automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.