The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those without coding experience, and offers various options to take trades to the highest step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. 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 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 offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.