The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for people with no programming experience, and offers various options to take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several 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 provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of any trading plan.