The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for people with no programming expertise, and comes with many options that will help you take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy, and then see how many trades were opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most out of any trading plan.