The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading 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 knowledge, and provides various features that can boost your trading to the next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key features 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 the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.