The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of features that can boost trades to the next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy, and then check how many trades were opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that can assist you in making the most out of any trading plan.