The world of trading in cryptocurrency is quite thrilling, but it can also 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 the need to constantly monitor the markets. It’s simple to use, even for people with no programming knowledge, and provides various options to help you take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit factor. This is a useful instrument to increase confidence of traders in the trading rules they create.
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 any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can aid you in making the most of any trading plan.