The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides various options that will take you trading experience to highest level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of the trading strategies you employ.