Pricing
- Starter: Free
- Hobbyist: $29.99/mo ($359 billed annually)
- Trader: $59.99/mo ($719 billed annually)
- Pro: $449.99/mo ($5,399 billed annually)
Supported Exchanges
10+
Platform
Web Only
Education
No
Customer Service
Email: support@coinrule.com
Pros:
- Offers the flexibility to design bespoke automated trading strategies or choose from an extensive library of over 150 ready-made rules.
- Enables backtesting of your trading strategies for effectiveness.
- Compatible with 10 or more renowned cryptocurrency exchanges.
- Provides a complimentary version for users.
Cons:
- Lacks a mobile application for on-the-go trading management.
CoinRule Review
Exploring the world of cryptocurrency trading can be thrilling, especially with the potential for profit. Yet, the notion of constantly monitoring the markets to effectively manage your trading strategies can be daunting.
This is where the shift towards automated trading tools is becoming increasingly popular among traders. In this realm, Coinrule stands out as a remarkably potent tool among its peers. This platform empowers crypto traders to manage their strategies effectively, without the need to be perpetually tied to their trading screens.
Coinrule distinguishes itself by offering user-friendly features that don’t require any coding skills, setting it apart from many other trading bots. Our review delves into the specifics of the Coinrule platform, aiming to maximize your gains in crypto trading.
About Coinrule?
Established in 2018 and headquartered in London, England, Coinrule marks its presence as a dynamic cryptocurrency trading platform. It functions by sending automated trading orders to various exchanges. With its ability to integrate automation across over 10 trading platforms, Coinrule emerges as a smarter trading alternative compared to other systems.
Who Should Use Coinrule?
Coinrule is at the forefront of the next wave in cryptocurrency trading. By leveraging Coinrule, traders can craft bespoke trading rules, access over 150 trading templates, and explore an array of reasonably priced trading plans. For those new to crypto trading, the platform offers an opportunity to refine strategies through paper trading and backtesting.
The platform presents various trading plans like Starter, Hobbyist, Trader, and Professional. Each plan is tailored to enhance your knowledge and skills in crypto trading, helping you to evolve into a more adept trader. For individuals keen on trading digital currencies and learning effective strategies, Coinrule is an excellent starting point.
Is Coinrule Safe?
Coinrule operates distinctly from a typical exchange; it never requests withdrawal rights nor accesses your private keys. This unique approach ensures that your cryptocurrency assets are not at risk of being lost or stolen through Coinrule. However, it’s crucial to ensure that any exchange you choose follows rigorous security protocols for data storage.
Despite not holding any cryptocurrencies for users, Coinrule is dedicated to upholding robust website security. They employ advanced security measures such as two-factor authentication, secure payment systems, and military-grade encryption to safeguard user information.
Coinrule Platform & Features
Built-In Trading Strategies
Coinrule offers users the flexibility of choosing from over 10,000 pre-set strategies or creating their own unique “rules.” This feature is particularly advantageous for high-frequency traders, allowing the creation of tailored trading strategies without needing coding expertise. Although Coinrule itself is not a trading venue, it enables users to connect with their preferred exchange for strategy backtesting.
Users can implement these strategies, often based on technical indicators, directly on the Coinrule platform. These rules are adaptable, allowing the creation and refinement of new strategies based on personal trading experiences. By testing and tracking the performance of these strategies, users can potentially enhance their trading profitability.
Easy-to-use Automated Trading
Coinrule offers a time-saving solution even for those who can keep up with the fast-paced cryptocurrency market. By automating the technical analysis and trade execution according to preset rules, it takes the burden off the trader’s shoulders.
The appeal of Coinrule lies in its user-friendly interface, simplifying the setup and implementation of trading rules without requiring coding knowledge. Its range of features spans from basic ‘stop losses’ to complex conditional statements, catering to various trading needs.
Support for Popular Exchanges
Coinrule is compatible with a host of leading cryptocurrency exchanges, including:
- Binance
- Coinbase
- OKX
- HitBTC
- Bitstamp
- Bitpanda
- Kraken
- Poloniex
- BitMEX
This integration provides users with the flexibility to trade across multiple platforms seamlessly.
How to Open an Account?
Starting with Coinrule is straightforward. First, visit their website and select a subscription level that aligns with your trading requirements – options include Starter, Hobbyist, Trader, or Pro. Then, register by providing your email address and setting a password for your new account.
Once your trading account is established, you can begin crafting trading rules. Remember, linking Coinrule with one of the many supported exchanges is necessary to activate these rules.
Coinrule is designed to autonomously handle your trading strategy once set up. However, you retain full control to adjust or update your rule set at any time through your Coinrule account.
In Conclusion
Coinrule stands out as an excellent platform for cryptocurrency trading endeavors. It offers a range of tools for enhancing your trading skills, such as trade simulations and strategy development. It’s particularly beneficial for those in the crypto trading sphere who may lack the time or inclination to devise and execute complex strategies. With Coinrule, your trading strategies are executed automatically, allowing you to maintain active trading without constant involvement. While the current absence of a mobile app is a limitation, the team at Coinrule is actively working to address this, aiming to enhance user experience and accessibility.
