The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides many features that can help you take your trading to the next level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. 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 the trading strategy, and then determine how many trades that were opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will assist you in making the most out of the trading strategies you employ.