The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers a variety of options that will help you take your trading to the highest level.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious 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 the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from 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 time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy, and then see how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most of any trading plan.