The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. 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 continuously monitor the markets. It’s easy to use even for people with no programming expertise, and comes with various options that will boost trades to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and check how many trades were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence 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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of any trading plan.