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3Commas Vs Coinrule Reddit

The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming expertise, and comes with a variety of options to take your trading to the highest step.

Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.

One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not spend hours poring over charts.

Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.

Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they design.

Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.

Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.

Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can aid you in making the most of any trading plan.