The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those without coding expertise, and comes with various options that will boost trades to the next step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy and determine how many trades that the strategy has opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of any trading plan.