The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers various options that will take your trading to the next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
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 any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience 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 exchanges, Coinrule is a robust tool that can help you make the most out of any trading plan.