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 adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options to boost you trading experience to highest step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.