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Is Coinrule Legit Reddit

The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers various options that will take you trading experience to highest level.

Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient 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) through Seedrs, more than 200% above the amount it had set for.

One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not go through charts for hours.

Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.

Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost confidence of traders in their trading strategies they develop.

Coinrule is also compatible with a variety of 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 tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.

All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of the trading strategies you employ.