The world of trading in cryptocurrency can be quite exciting However, it can 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 constantly keep track of the market. It’s simple to use even for those without coding expertise, and comes with a variety of features that can take trades to the next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with 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 can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose 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 they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most of any trading plan.