The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for people with no programming expertise, and comes with many features that can take trades to the next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.