The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with various features that can boost trades to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy to check how many trades were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most of any trading plan.