The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming expertise, and comes with various features that can boost trades to the highest step.
Coinrule was founded in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 trading rules available which makes it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading and see how many trades were opened and closed, as well as the net profit, percentage of profitability and maximum drawdown as well as profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be viewed as a powerful tool that can help you make the most of any trading plan.