Coinrule Review: Pros, Cons and Alternatives

Customer Support –The Help Center contains a number of useful guides and resources which are also supplemented by the official blog. The team also tackle common questions in their FAQ section, and can be contacted by live chat, email, or by connecting via Facebook or Twitter. Copy-Trading feature allows users to copy other professional Traders and Bots in a few clicks for Free.

The trading fee is the lowest compared to most of the major exchanges. Time Trigger makes it possible to send orders without any previous checking of a certain condition. The order will be sent at a specific time interval defined by the user.

Coinrule is a beginner-friendly and safe platform to send automated trading instructions to your favorite exchanges, including Binance, Coinbase Pro, Kraken, etc. This webpage has been approved as a financial promotion by Seedrs Limited (“Seedrs”), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform.

Coinrule Review: What’s Included with Coinrule?

Follow along with our Coinrule review to find out more about each one. The company began in 2018 out of London with a financially knowledgeable staff. Nina Petrov is a theoretical mathematician, passionate about new trends in the global economy and blockchain technology. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst.

Coinrule sign up

To execute a trade you must connect your account via a centralized exchange’s API. Once I connected my account to one of the available exchanges , this trading strategy would operate automatically when conditions are met. Coinrule lets you create customized, automatic trading rules coinrule sign up for your cryptocurrency (or you can choose from nearly 200 pre-built templates). If you’re a newcomer who wants to get into the world of crypto bots and automated trading, Coinrule can be a great place to start. This tier lets users create up to 50 live and demo rules at any time.

The overall score is 4.0, ranking worthy of a trusted and reliable company. To sign up on Coinrule web, the user must only fill in the email and set a password. Visit this page where you will find a list of guides that will help you connect the exchange of your choice to Coinrule. It also allows anyone signing up to take part in one-to-one training sessions, and benefit from an ultra-fast data socket and costs $249.99 a month, billed as $2,999 annually. The platform can be used free of charge for an undefined time period, although, the Starter account option is restricted to only 1 Connected Exchange, 2 Demo/Live Rules, and 7 Template Strategies. Once again, the tab at the top right of the page summarizes all the key conditions, and you can configure the template as you like, and even add further conditions before clicking the “Launch” tab.

Anyone interested in using the platform can always sign up for a free Starter account and test it out in order to figure out if opting for a paid subscription will be beneficial. Payments are processed by Stripe and you will be required to enter your credit card details to make a one off purchase for one year’s worth of service. The template has also been configured to automatically start immediately, and execute once a day with a maximum total of 10 executions.

It has existed since 2018 and is registered in London, United Kingdom. As for security, Coinrule doesn’t have access to your funds on exchanges. And it’s supported on trusted exchanges, such as Kraken, Binance, and Coinbase. Your account is secured by 2FA and solid encryption with another Cloudfare layer to protect the user from DDoS attacks. Yet, if you are not experienced enough, Coinrule provides valuable features.

Pionex – Best for Crypto Trading for Beginners and Advanced Users

Besides all the other features that the Hobbyist Tier offers, this tier also includes one-on-one training sessions with the experts at Coinrule. The Starter Tier is also limited to just one connected exchange and a maximum of $3K in trade volume. Unlike some trading platforms, there are no notable savings for a yearly subscription, although they are available. Coinrule pricing has a pretty standard format that enables more features and trading volume as you move to a higher tier. Templates cover a multitude of strategies, including price-based accumulation, rebalancing, stop loss, buy the dip, and more. Even better, you can set your own rules when you learn the ins and outs of this platform.

The customer support team also has a live chat feature, and users can also reach them through social media. Since its inception in 2018, Coinrule has only continued to grow, adding more popular exchanges to increase users’ options. Traders can now pull from up to three exchanges that the service supports, with up to one million in monthly trade volume.

  • Although costly, Coinrule provides excellent options that can turn the crypto trade into a serious business endeavor.
  • Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful.
  • Like most trading bots and portfolio management tools, the service is a great way to automate and plan effective trades.
  • Intelligent data center that offers traders access to valuable crypto and financial data.
  • Coinrule posts its scripts to the website TradingView, which allows you to create backtests of different strategies.

A one-month investment in this tier will set you back $59.99 per month. When it comes to pricing, Coinrule has a wide range of options to pick from. The site has an “Estimate Your Cost” slider that will recommend a tier based on how much you trade per month. There is no way to see how rules https://coinbreakingnews.info/ would have performed in the past, as the Demo Exchange only shows results in real-time. After finding the API key from the exchange you want to link, you’ll need to load that API information into the Coinrule Dashboard. Rules create a scenario for how and when buying or selling will happen.

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Ask Price this is the price sellers are willing to pay to sell an asset. It can be viewed also as the price buyers are requested to pay to buy the asset immediately. Please note that using Limit orders makes sure you don’t have an unexpected execution price, nevertheless, it doesn’t guarantee that the order will be filled. That will depend on the market conditions that need to match the limit price imposed. Each exchange set a minimum order size for each trading pair.

Coinrule sign up

It has a market indicator that helps you to allocate funds with ease. Trading terminal allows for manual trading conveniently across exchanges. Ultra-fast backtest lets users determine the effectiveness of the strategies. Your funds are kept on the exchange balance for security purposes.

Investments should only be made by investors who understand these risks. Each share lot is not an offer to the public and is only available to investors who have become authorised to invest on the Seedrs platform. Securities Act of 1933, as amended (the “Securities Act”), the securities described in each share lot have not been registered under section 5 of the Securities Act. The securities therefore may not be offered or sold in the United States or to U.S. persons unless the securities are registered under the Securities Act or are exempt from registration under the Securities Act. Hedging transactions involving the securities may not be conducted unless in compliance with the Securities Act. The performance figures set out on this webpage refer to the past, and past performance is not a reliable indicator of future results.

The team behind the platform designed it to be a “Lego tool-box” for cryptocurrency trading strategies and automated trading, and rules can be created quickly and back-tested before being launched. As a result, Coinrule should definitely suit less technical traders while still incorporating features that appeal to more technical traders. Coinrule is a London-based crypto trading bot that helps users trade on various exchanges with customized trading strategies. Although costly, Coinrule provides excellent options that can turn the crypto trade into a serious business endeavor. 3Commas is committed to helping traders reap maximum profit success by minimizing investor risks and limiting exposure to losses.

Yes, a trading bot is completely legal in cryptocurrency and the stock market . Anything that is illegal under normal circumstances is also illegal for cryptocurrency trading. Allows traders to recreate virtually any trading strategy with bot automation. It offers varieties of trading bots that can be customized with ease. The trader can decide to sell an asset when a certain price is reached on the market or when the position is losing a specific amount of money.

Coinrule Alternatives

You can now complete the API integration process by returning to the Coinrule Dashboard and entering the required information. To register an account, you just need to enter an email address and create a password before agreeing to the Terms of Use. There is also the option to sign up using your Google or Facebook account. Ensure there is enough balance in the exchanges like Coinbase, Binance, etc. Know whether bot functionality is perfectly documented or not. It allows you to buy or sell a large volume of crypto without hassle.

Technical FAQ

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market. To comply with financial regulations, we can only show full campaign details to registered users. If you need more than that, you can upgrade to one of three paid plans, with the following features. Prices below are monthly but can be paid yearly for a discounted overall rate. After making this selection, I had the opportunity to customize variables within the strategy — e.g., to use a 20-day moving average or a 50-day moving average. The photo below provides an example of how you make selections within the rule creation screen.

Advanced traders can take advantage of one of the higher tiers of service Coinrule offers to monitor and trade cryptocurrency. When it comes to crypto trading, Coinrule includes tools for more advanced investors as well. Advanced traders should be able to find enough diversity and template strategies to plug in their exchanges with API keys and get right up to speed. If one or more demo trading rules are playing out as expected, the trader can add them to one of their live rules.

Before applying your strategy to live trade, you can test it within the app. With pretesting the trading strategy, users are more confident in the results. The most important security measure is that Coinrule has no withdrawal permissions for your funds on the exchanges. Through Coinrule, funds can never be moved out of your wallets.

The Hobbyist plan costs $29.99 per month (billed as $359 annually) and provides access to 2 Connected Exchanges, 7 Demo/Live Rules, and 30 Template Strategies. Each paid plan also includes access to Advanced Indicators and the Trader Community. It will also then sell the same coin once it has increased by 5% to take profit, while the stop loss feature will also trigger a sale in the event that the price drops by 3%. Here with the “Buy The Dips + Stop Loss/Take Profit” Template, the strategy is automatically setup to make purchases in the event that any coin on your integrated exchange account drops by 10%.