The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming knowledge, and provides many options that will boost trades to the next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can aid you in making the most of your trading strategy.