The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with various options to help you take trades to the next level.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading, and then see 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 can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will help you make the most of any trading plan.