The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides a variety of options to take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and check how many trades were opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of 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 provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of your trading strategy.