As the world of cryptocurrency trading grows, so does the need for more efficient and accurate trading tools. Automated trading bots have become increasingly popular among traders due to their ability to execute trades based on pre-set rules.
We will provide an in-depth Coinrule Review, its features, pros and cons, and whether it’s worth using.
Coinrule Trading Bot Key Specifications:
- 50 Live Rules + 50 Demo Rules for backtesting
- 200+ Template Strategies like MA, MACD, RSI, Bollinger bands, etc.
- 10+ Exchanges & High Volume
- Leverage Strategies
- Live Telegram Notifications & Free Access to Trader Community
- One-to-One Training Sessions
- Ultra-Fast Execution & Dedicated Server
- Advanced Indicators & TradingView Integration
Coinrule Bot Review: At a Glance
| Where is Coinrule based? | London, United Kingdom (2017) |
| CEO and founder | Gabriele Musella |
| Type | Trading automation platform |
| Supported exchanges | Binance, Coinbase Pro, Kraken, Bitfinex, and 10 more |
| Trading bots | Customizable and pre-built bots |
| Strategy | 200+ Template Strategies |
| Backtesting | ✓ |
| Live trading | ✓ |
| Demo account | ✓ |
| Marketplace | ✓ (Pre-built templates with success rate) |
| Security | Bank-level encryption and two-factor authentication |
| Customer support | Live chat, email, and knowledge base are available |
| Pricing | Three subscription levels starting with $22.5 |
| Free trial | ✓ (7 day trial) |
| Payment options | Credit cards and cryptocurrencies accepted |
| Integrations | TradingView and Telegram integrations |
| Mobile app | ✗ |
What is Coinrule?
Coinrule is a platform that allows you to create automated trading strategies for cryptocurrencies without coding. You can choose from over 200 template strategies or create your own rules based on popular indicators.
It works with more than 10 popular exchanges and has military-grade security and encryption. You can test your rules, get live notifications, and access the trader community. The platform has different pricing plans depending on your trading volume and features. You can start with a free plan or upgrade to a hobbyist, trader, or pro plan.
The bot also offers one-to-one training sessions, portfolio risk management, and leverage strategies. It is backed by MKB Bank and Angels and is crowdfunding for its future development.
Coinrule Pros & cons
| Pros | Cons |
|---|---|
| Easy-to-use interface | Limited customization options |
| No coding knowledge required | No mobile app |
| Backtesting tool | |
| Multi-exchange support | |
| Pre-built templates |
Related: Best crypto trading bot
Features of CoinRule Reviewed
1. Rule-Based Trading Strategies
With Coinrule, you can create your own crypto trading strategy without coding. You can use different indicators and tools to build your rules. The platform trades for you based on your rules and conditions.
To create a strategy, you start by choosing conditions for buying or selling. These can be based on indicators like moving averages, Bollinger bands, or RSI, or on market events like news or price changes.
Then, you choose actions for your conditions. For example,
- You can make a rule like “Buy $100 of Bitcoin if its price goes above the 50-day moving average.”
- Or, you can make a rule like “Sell all your Bitcoin if its price drops by 5% in a day.”
You can make multiple rules and conditions for each strategy. You can create complex rules that consider various market situations. You can also test your strategies with historical data to see how they did in the past.
What is Coinrule Arbitrage bot?
Coinrule Arbitrage bot is a feature that allows you to take advantage of the price differences between different exchanges and markets. You can create rules that automatically buy and sell cryptocurrencies on different platforms, and earn profits from the arbitrage opportunities.
The Arbitrage trading bot supports over 10 exchanges and hundreds of trading pairs. You can customize your arbitrage strategy based on your risk appetite, trading frequency, and profit target. The bot is a smart and easy way to make money from the crypto market volatility.
2. Multiple Exchanges and Trading Pairs
CoinRule supports 10+ crypto exchanges and 100+ trading pairs, providing traders with access to a wide range of assets. The platform supports major exchanges such as
Related: Best Fiat-to-Crypto Exchanges
3. Backtesting
You can backtest your strategies with historical data on Coinrule. This helps you see how your strategies work before live trading.
To backtest, you create or choose a rule from your dashboard. Then, click “Backtesting”. You can choose options for backtesting, like –
- Period of historical data
- Size of trading account, and
- Trading fees.
You can test your rule with different indicators and strategies. When backtesting is done, It gives you a report with metrics like –
- Profit
- Trades,
- Profit per trade, and
- Drawdown
This report helps you check your rule and change it if needed before live trading.
4. Portfolio Management
CoinRule offers portfolio tracker tools that enable you to monitor and manage your holdings effectively. You can track your portfolio performance, set stop-loss orders, and manage your positions using the platform. You can also receive Telegram or daily SMS notifications about your portfolio performance.
CoinRule offers custom notification settings that allow you to receive alerts when specific market conditions are met. You can set up notifications for price movements, trading volume, and other market indicators.
5. Customer Support
Coinrule provides customer support via email and live chat. Their support team is available 24/7 to help users with any issues or questions they may have.
Additionally, It provides a detailed knowledge base that covers a wide range of topics related to cryptocurrency trading and using the platform.
Coinrule Security Review
The crypto trading bot takes security very seriously and has implemented several measures to ensure the safety of its users’ funds and personal information.
Here are some of the key security features of the automated bot platform are:
- Two-Factor Authentication (2FA): It requires all users to enable 2FA, which provides an extra layer of security by requiring users to enter a code from their mobile device in addition to their password.
- Secure Storage: Coinrule stores all user funds in cold storage, which is an offline storage system that is inaccessible to hackers. Additionally, it uses bank-level security protocols to protect user data and prevent unauthorized access.
- SSL Encryption: It uses SSL encryption to secure all communications between the user’s browser and the platform servers. This helps to prevent man-in-the-middle attacks and other types of data interception.
Coinrule Pricing Review
Coinrule offers three pricing plans: Hobbyist, Trader, and Pro. The signup plan is the free Starter plan with 0/2 active rules.
- The Hobbyist plan costs $29.99 per month, billed yearly at $359, and offers 7 live rules + 7 demo rules, 40 template strategies, 3 connected exchanges, and up to $300k monthly trade volume.
- The Trader plan costs $59.99 per month, billed yearly at $719, and includes 15 live rules + 15 demo rules, unlimited template strategies, 5 connected exchanges, and up to $3M monthly trade volume.
- The Pro plan costs $449.99 per month, billed yearly at $5399, and offers 50 live rules + 50 demo rules, unlimited template strategies, unlimited exchanges, and unlimited monthly trade volume, as well as one-to-one training sessions, ultra-fast execution, a dedicated server, and advanced indicators and operators.
All plans include leverage strategies, live Telegram notifications, and free access to the trader community, while the Trader and Pro plans also come with TradingView integration.
Upgrading to a higher plan can provide up to 25% discount with annual payment.
Coinrule Payment Methods Review
Coin Rule offers multiple payment methods for you to buy their plans. These methods include credit card payments using Visa, Mastercard, and American Express, as well as payments through PayPal.
You can select your preferred payment method during the checkout process when upgrading your plan.
Coinrule Alternatives and Comparison
| Feature | Coinrule | CryptoHopper | Pionex |
| Supported Exchanges | 15 | 25+ | Built-in Exchange |
| Supported Strategies | Simple, Composite, Short, Conditional, Advanced | Template, Composite, Simple, Short, Composite short | Grid Trading, Leveraged Grid Bot, DCA Bot, Spot-Futures Arbitrage Bot |
| Pricing | Basic (Free), Trader ($29/month), Pro ($99/month) | Explorer ($19/month), Adventurous ($41.58/month) | Free |
| Review | 4.5/5 on Trustpilot | 4.2/5 on Trustpilot, 8.1/10 on CryptoCompare | 4.4/5 on G2 |
| Visit Coinrule | Visit Cryptohopper | Visit Pionex |
Read Reviews:
We Recommend: Best Crypto Trading bots
Best Manually Customized Trading bot
- 75+ CEX and DEX cryptocurrency exchanges
- Support over 300,000 crypto coins and 50+ DEX coins supported
- Insider information on where it is profitable to buy and sell tokens
- Free training and cases for clients of service
Proven Success Rate with 1M+ Users
- 16+ Exchange support
- Crypto-signals in Telegram
- Trading view Integration
- DCA, GRID, options, HODL, Smart trading bots
- Marketplace to buy automated trading strategies with success rate
Is CoinRule Worth Using?
CoinRule is a reliable and user-friendly automated trading platform that provides you with the flexibility to create custom trading rules that meet your needs.
The platform’s backtesting feature enables you to test your strategies on historical data, and its telegram Integration to monitor trades. It also has a marketplace with pre-built strategies and profitability criteria. You can see the live success rate of each “Rule”.
However, CoinRule supports a limited number of exchanges and has limited trading pair options compared to other automated trading platforms.
Final Thoughts: Is it Safe
In Summary of Coinrule review, It is an excellent option for crypto traders looking for an automated crypto trading platform that is easy to use and provides a wide range of indicators to create custom trading rules.
Coinrule
Summary
Coinrule is a cryptocurrency trading platform that allows you to automate trading strategies without needing to write code. You can create rules and conditions based on technical analysis indicators and execute trades on multiple exchanges simultaneously. The platform also provides backtesting and paper trading features to test strategies before committing real funds and getting profitable.
Coinrule Review: FAQs
How does Coinrule work?
Coinrule is a platform that allows you to create and execute automated trading strategies for cryptocurrencies. You can design your own rules using a simple drag-and-drop interface, or choose from a library of ready-made templates.
Coinrule connects to your favorite exchanges via API keys and executes your rules 24/7 without requiring any coding skills. You can monitor your performance, edit your rules, and backtest your strategies on historical data.
Is Coinrule crypto bot safe?
Coinrule is a safe and secure platform that respects your privacy and protects your funds. It does not store your funds, nor does it have access to withdraw them. You only need to provide API keys with trading permissions to connect your exchange accounts.
Coinrule uses encryption, firewalls, and other security measures to safeguard your data. The bot also complies with GDPR and other data protection regulations.
How many people use Coinrule?
Coinrule has over 30,000 users from more than 100 countries who have executed over 2 million trades with a total volume of over $1 billion.
Its users range from beginners to advanced traders, who use Coinrule to automate their trading strategies and optimize their returns.
Does Coinrule work with Binance?
Yes, Coinrule works with Binance and many other popular exchanges such as Coinbase Pro, Kraken, Bitstamp, Bitfinex, Bittrex, KuCoin, and more. You can connect multiple exchange accounts and create rules that work across different markets and assets.
You can also take advantage of the features and benefits offered by each exchange, such as low fees, high liquidity, and diverse trading pairs.
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