The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming for many traders. 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 monitor the markets. It’s simple to use even for people with no programming experience, and offers a variety of features that can boost trades to the highest level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy, and then determine how many trades that were opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect 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 vary from $0 through $499.99 per month. traders are able to pay monthly 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 highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.