In this article, I want to discuss the Coinrule review, its features, benefits, and possible drawbacks.
Coinrule is an auto-trading platform for crypto fans with a user-friendly interface and robust security measures.
After going through this review, you will know whether or not Coinrule is the best tool for trading.
About Coinrule
Coinrule is an advanced cryptocurrency trading bot that gives users power over their crypto trade activities.
It allows traders to create automated strategies that compete with hedge funds’ refined tactics.
With Coinrule, you can set personalized trading rules based on popular market indicators to avoid missing a thing.
This platform integrates with more than ten popular exchanges, such as Binance, Coinbase, and Kraken, and also ensures that military-grade security and encryption are in place for your investments.
Coinrule Basic Overview
| Platform Name | Coinrule |
| Year of Launch | 2019 |
| Supported exchange APIs | Over 15, including Binance, Coinbase, OKX, KuCoin, Kraken, and others |
| Number of trading bots | 34+ |
| Demo exchange to test bots | Yes |
| Pricing | From $29.99 to $449.99 per month |
| Mobile app | None |
Getting started on Coinrule
As with most things, starting Coinrule is easy and will automate your cryptocurrency trading. Here’s what you need to do:
Sign Up
Create an account on the Coinrule website by providing your email address and setting a password.
Connect Your Exchange
After logging in, use API keys to connect your favorite crypto exchange with Coinrule. This enables the bot to execute trades without authorization to withdraw or transfer funds.
Set Your Strategies
Use Coinrule’s intuitive interface to define how you want to trade. You can employ rules based on the “If This Then That” (IFTTT) approach that specifies when the bot should make trades.
Activate Your Rules
Launch them after setting up your strategies, so Coinrule performs them. The robot watches the market and goes through trades defined as per instructions.
Monitor and Adjust
Keep tabs on your transactions and change strategies accordingly. Gain valuable insights from Coin-rule and analytics that allow one to refine their trading approach.
These steps will increase the efficiency of cryptocurrency trade by using the automated processes offered via coin rule services.
Coinrule Price
With Coinrule, you can quickly develop your trading strategies and set them up to run automatically on your favorite exchange. Start with a Free Account Today
| Starter | Free |
| Hobbyist | $29.99/mo |
| Trader | $59.99/mo |
| Pro | $749.00/mo |
How Does Coinrule Work?
An example of a trading bot is Coinrule, which automates cryptocurrency transactions depending on investor input.
Traders start by linking their desired exchange with Coinrule using API keys, allowing the bot to operate per the user’s programmed strategies.
One example is connecting Coinbase Pro to Coinrule, whereby one must put API keys in the exchanges.
When connected, the coin rule follows instructions given by users for the execution of a trade, with profits being quickly sent back to exchange.
Importantly, it cannot withdraw or transfer funds or have access to private keys.
Coinrule employs an If This Then That (IFTTT) model when operating. Thus, traders can condition particular actions that ought to be done by bots whenever these conditions are met.
The robot enacts trades if these conditions are met at the exchange platform, while such commands remain dormant if not triggered.
With this approach, investors have much influence over their automated trading activities.
Pros and cons of Coinrule Review
| Pros | Cons |
| Supports multiple cryptocurrency exchanges. | Limited access to advanced features in the free plan. |
| No mobile app is available for on-the-go trading management. | Dependent on the reliability of the connected exchanges. |
| Two-factor authentication (2FA) enhances account security. | It uses 256-bit AES encryption and TLS 2.0 to protect API keys. |
| It can be complex for complete beginners to fully utilize all features. | It can be complex for complete beginners to utilize all features fully. |
Cryptocurrency trading bots
Specialized tools and trading bots are meant to identify profitable trades. Coinrule has quite a good number of automated trading solutions.
Its platform has 34 automated bots, including Bolli,nger Bands, Golden Cross Trading, RSI Scalping, Multi Moving Average, and RangeTrading.
These include pre-built trading rules that can be chosen from the template library, which lists 22 pages of various strategies from which you can choose.
Some can be tried for free with a good selection; others require unlocking them by subscription.
Below is a quick rundown of some trading bots available on Coinrule and their distinguishing characteristics.
Range grid trading. Enables investors to purchase cryptocurrencies at specific price ranges over a given duration.
Bollinger Bands. Inform users about the value of price levels. The bot conducts trades automatically when they are most lucrative.
Golden Cross Trading. Monitors the relationship between two moving averages and shows when the trader sees a change in the direction of the trend.
Buy low, sell high. Create a rule for buying a defined crypto when its price falls below a particular threshold.
Coinrule Features
Crypto Payments Accepted
They are committed to crypto traders and the wider Blockchain community as they believe in the possibilities that the technology brings for a greater decentralization of wealth and power, a more open internet, and much more beyond.
Templates to choose from 150+.
When you select the “New Rule” option and scroll over to the middle of the page, a pop-up opens with Coinrule’s templates that make money.
The company has put most of these templates behind a paywall – for obvious reasons,
However, in the Pricing section below, we’ll see how selecting the right one can make it worthwhile within no time.
Automated Trading Rules That Work 24/7
Create customized trading strategies and never miss a potential rally or fall. By analyzing various indicators, Coinrule will help you allocate your funds wisely, ensuring you are always in charge of how your investment vehicle performs.
Trading across Exchanges
On top of Binance, Coinbase, Kucoin, Kraken, etc., Coinrule is an excellent place to develop automated strategies. Never ask for private keys or withdrawal rights.
Exchanges Supported
Coinrule can be directly integrated with exchanges via API keys.
A trading bot platform that automates the buying and selling of digital currencies on over fifteen trading platforms, including five big names and ten others.
However, not all top global dogs, like Gemini from the US and Huobi Global, are onboarded here.
However, it lacks integration with top crypto margin trading exchanges such as ByBit and Deribit.
On the other hand, Coinrule’s platform does not cover decentralized cryptocurrency markets or AMM like UniSwap and SushiSwap. As of the time of writing this guide, the following are the supported exchanges:
Security
First, Coinrule is highly concerned with safety and never proceeds to hold users’ funds or personal data such as names and passwords.
The platform has two-factor authentication (2FA), which requires users to confirm a six-digit code sent to their mobiles and authentication apps like Google Authenticator.
Moreover, Coinrule leverages 256-bit Advanced Encryption Standard (AES) encryption in conjunction with Transport Layer Security (TLS) 2.0 for protecting all API keys. This encryption ensures that only the rightful user can utilize the platform for trade automation.
Customer Support
Coinrule customer support can be reached via email and live chat. The support team is available 24/7 to address any problem or inquiry the users raise.
Furthermore, it has an exhaustive knowledge base encompassing many crypto trading subjects and how to use the platform.
Coinrule Alternative
TradeSanta
TradeSanta is a platform that operates on the cloud and allows for creating and controlling trading bots using an easy-to-use interface. It supports algorithmic trading and is free, as well as open-source software.
3commas
3commas incorporates different trading bots, such as portfolio management and smart trading terminals. Moreover, it integrates with multiple exchanges and has advanced trading opportunities.
TrailingCrypto
TrailingCrypto is a multi-faceted platform that supports various trade strategies that can be combined with significant cryptocurrency exchanges. Additionally, trailing stop-loss and take-profit orders are some of its attributes.
LiveTrader
In addition to offering backtesting, paper trading, and pre-set automation strategies, LiveTrader is also compatible with multiple exchanges for ease of use.
Mudrex
With Mudrex, users can create, test, and launch their crypto trading algorithms without programming skills. It also acts as a marketplace for trading algorithms developed by other people.
Conclusion
It is essential to mention that Coinrule is an automated trading platform with a user interface that is easy to understand and, therefore, very attractive to all cryptocurrency lovers.
It offers a user-friendly interface, top-notch security measures, and the ability to create customized trading strategies, making it an essential tool for beginners and experienced traders.
However, the charges are higher, especially for those who only trade casually and have no mobile app.
This platform has many features and emphasizes a lot of security, which may be security for those interested in automating their crypto trading.
In its entirety, Coinrule is a dependable and effective way of maximizing trading efficiency and profitability within the ever-changing crypto market.
