The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. 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 simple to use even for those with no programming knowledge, and provides a variety of features that can boost your trading to the next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders are able to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy to see how many trades the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence in the trading rules they design.
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 these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust instrument that can aid you in making the most out of your trading strategy.