The world of trading cryptocurrency is quite thrilling however, it can 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 stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming expertise, and comes with various options to help you take your trading to the next step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame, and the trading strategy and see how many trades the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase the trust of traders in the trading rules they design.
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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of your trading strategy.