The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for people with no programming expertise, and comes with various options that will help you take your trading to the highest level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading 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 as well as the maximum drawdown and profit factor. This is a useful tool for increasing 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of your trading strategy.