The world of trading cryptocurrency can be very 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 trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming expertise, and comes with a variety of options that will take you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades were opened and closed, as well as profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can help you make the most out of your trading strategy.