The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers many options to help you take trades to the next step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy to check how many trades were opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most out of any trading plan.