The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming to many investors. This is 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 be on the lookout for market trends. It is easy to use, even for those without coding expertise, and comes with many options that will boost your trading to the next step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple 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 most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as 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 of all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of any trading plan.