The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding 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 crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using 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 to see how many trades were opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly 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 take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of any trading plan.