The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with various features that can take you trading experience to highest level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency 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) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that were opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be an effective tool for increasing the trust of traders 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.