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Coinrule Vs Cryptohopper Reddit

The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides a variety of options to boost your trading to the next step.

Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in 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) on Seedrs, more than 200% above its target.

One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not look over charts for hours.

Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.

Another great aspect of Coinrule is the possibility of backtesting. The traders can test 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 as well as the strategy for trading and determine how many trades that were opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they design.

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 offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.

Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.