The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for people with no programming expertise, and comes with many options to boost your trading to the next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the constantly 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 look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy has opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.