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Can Coinrule Trade With Xrp

The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with a variety of options to boost your trading to the next step.

Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.

One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.

Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.

Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust of traders in the trading rules they design.

Coinrule also supports multiple trustworthy 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 provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.

All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can aid you in making the most of any trading plan.