The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick 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 expertise, and comes with various options that will help you take your trading to the next step.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.