The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with many features that can boost your trading to the highest level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use 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 allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to place 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 more than 150 trading rules to pick from, making it easy for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that the strategy has opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.