The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming to many investors. 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 expertise, and comes with various options to help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be 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 examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic 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 as well as the timeframe they wish to trade and trading strategy and see how many trades were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
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, offering different options to traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.