Coinrule review 2024

Coinrule is a crypto trading bot allowing users to make, test, and implement their own trading rules and strategies. You can also use existing trading strategies from other users with demonstrated backtest results.  As Coinrule is a trading bot, it operates all these trading strategies automatically. The Coinrule software buys and sells crypto according to the rules laid out in your strategy, so it can operate 24/7 even if you aren’t there to oversee it.

What is Coinrule?

Coinrule is a trading bot where you can build, test, and implement your own crypto trading strategies. You can backtest various trading rules against historical price data and then implement them on live markets. The Coinrule bot can run at all hours of the day, so you can take advantage of trading opportunities anywhere in the world, at any time of day.

Founded in 2018, Coinrule was created by a team of crypto enthusiasts who wanted to help the average investor trade as efficiently as market pros. Coinrule charges a flat fixed subscription fee and even offers a free account so you can take the bot for an initial test drive.

Can I open an account with Coinrule?

Yes, residents of United States can open an account with Coinrule.

No, residents of United States cannot open an account with Coinrule. Consider trying our best-rated broker in , . Find the best broker in

Sign-up with Coinrule

How does Coinrule work?

Coinrule works by using software to place trades automatically. You set the rules based on a trading strategy, and then the software is triggered to make a trade whenever it sees price action that meets your requirements.

There are more than 150 pre-set strategies based on popular indicators and around a guiding theme, such as protecting your money, maximising returns, or being long the crypto industry.

Alternatively, once you register your account and select a plan, the platform allows you to build your own strategy, which can then be back tested and deployed. As soon as it is, the bot goes to work searching for price action that matches your rules and making trades accordingly.

Coinrule cryptocurrencies and trading options

What cryptocurrencies can you trade on Coinrule?

Coinrule is a crypto trading bot that allows a trader to access the top 10 cryptocurrency exchanges and trade 81 crypto coins and tokens. Some of the more notable cryptos are as follows:

• Bitcoin
• Bitcoin Cash
• Bitcoin Diamond
• Bitshares
• Cardano
• Shiba Inu
• Helium
• Drip
• Amp
• Celsius

All Coinrule trading options

Coinrule allows traders to access up to 81 cryptocurrencies on the top 10 global exchanges.

Product	Offering
Cryptocurrencies	81

What cryptocurrencies pay interest on Coinrule?

Crypto interest accounts allow users to stake their cryptocurrencies in order to earn interest. It is similar to lending shares for short selling. 

You can lend your cryptocurrency to someone who wishes to take a short trade on it. In return, the borrower will pay interest on the borrowed amount. Unfortunately, Coinrule does not offer crypto interest accounts.

Can I trade with leverage on Coinrule?

Coinrule is a crypto trading bot and does not offer leverage. Leverage is dependent on the exchanges where trade is taking place and the account type one has opened with the exchange.

What are the spreads?

Spreads depend on the exchange where trade takes place. Coinrule is a crypto trading and does not determine spread. Coinrule does not charge any commission or make any commission on spreads.

Fees, limits, and payment options on Coinrule

What are the deposit and withdrawal fees, limits, and speeds?

Coinrule is a crypto trading bot that charges a fixed monthly subscription. 

Payment can be made via credit cards, Stripe, Chargebee, Checkout.com or any one of a number of cryptocurrencies. Coinrule does not charge any fee for making payments. Any charges if incurred are imposed by the respective payment processor.

Payment method	Deposit	Withdraw
Visa or MasterCard – min/max – fees – speed	Yes N/A Free Instant	Yes N/A Free Instant
Stripe – min/max – fees – speed	Yes N/A Free Instant	Yes N/A Free Instant
Chargebee – min/max – fees – speed	Yes N/A Free Instant	Yes N/A Free Instant
Checkout.com – min/max – fees – speed	Yes N/A Free Instant	Yes N/A Free Instant

What are Coinrule account types and commissions for each?

Coinrule is a crypto trading bot that charges a flat fee per month. This can be paid either annually or on a month-by-month basis. The annual prices are shown below and include a 25% discount compared to paying every month.

Account type	Cost
Account type	Cost
Starter	Free
Hobbyist	$29.99/month
Trader	$59.99/month
Pro	$449.99/month

Coinrule trade sizes and limits

Coinrule does not impose any restriction on trade sizes or limits. Trade sizes and limits are solely determined by the exchange where the trade takes place.

Coinrule trading platform

What devices can I use Coinrule on?

Coinrule is a web based cryptocurrency trading bot and as such can be accessed via a browser on the following devices:

• Desktop/laptop
• iPad/tablets
• Cellular devices

Coinrule does not have a mobile app at this time.

Can I use Coinrule in my country?

Coinrule is available across the world except for countries embargoed by the UK, USA, and European Union. It is available in the following countries:

• United Kingdom
• Germany
• United States of America
• Japan

Readers can select their country from the below list to see if the service is available to them

Is Coinrule available in my language?

Coinrule is available in over 45 languages, including:

• English
• Spanish
• Arabic
• German

Readers can select their language from the list below to see if the service is available to them

How easy is it to use Coinrule?

Coinrule is a cryptocurrency trading bot that allows users to trade 81 cryptocurrency coins across different crypto exchanges. It is an intuitive, easy to use, Lego-like tool box that allows users to backtest trading rules and strategies and then automate their execution in live markets.

The bot offers over 150+ pre existing template strategies along with the ability to customize and create your own strategies. This plus 24/7 execution capability ensures that all available trading opportunities are utilised, even while you sleep.

Key features

150+ strategy templates

Coinrule has over 150+ trading strategy templates ready to go. You can backtest them and deploy money immediately. It also allows you to create custom strategies and rules which can then be implemented as part of your trading.

Complete automation

Coinrule’s automation strategies allow the bot to operate 24/7 making use of opportunities across the globe. 

Stringent risk management rules can be incorporated to prevent any mishaps, but otherwise the bot can run unattended making money while you are free to spend time away from the computer.

Extensive resource library

Coinrule has a whole website dedicated to learning materials. In addition to an extensive resource library, you can find articles with examples of trading strategies and indicators in action.

Security and regulation

Is Coinrule safe?

Coinrule is a trading bot and as such does not have access to user’s crypto or money. It also stores API Keys in 256 bit AES encryption, which makes it extremely secure.

Am I and my cryptocurrency protected?

Coinrule does not have access to or store user’s cryptocurrencies or money. Money and crypto are both stored on your selected exchange, which has its own security measures in place.

Is Coinrule regulated?

Coinrule is not an exchange and hence it is not regulated. It is however governed by the laws of the United Kingdom under the jurisdiction of England and Wales.

Do I have to verify my account with Coinrule?

Coinrule does not require any account verification. KYC and verification of your identity is done at the exchange level where trading takes place.

Extra information

Educational resources 

Coinrule has a “Learn” section and a resource library covering all topics related to trading and cryptocurrency under the sun. The Learn section even provides detailed articles on trading strategies with examples.

Tools and charting

Coinrule has a limited set of charting and technical indicators available for use. Some of them include candle types like Heikin Ashi and indicators like RSI, and moving average. This limited availability can be complemented by tools offered by exchanges.

Customer support

Very limited customer support is provided by Coinrule. They have an email address: [email protected] as well as a registered office address in London, UK.

Our verdict

Coinrule is a relatively new crypto bot. It aims to simplify cryptocurrency trading for common investors and in a way it manages to achieve its intended target. One does not need technical proficiency or knowledge of programming languages to be able to build trading strategies with Coinrule.

It simplifies strategy building by offering indicators and alerts in a template format. This works for most users, but also restricts the environment for professionals who might want to try out new indicators and price charts. Limited access to technical indicators remains one of the major pain points for Coinrule users.

Overall, it is a good tool for those who wish to have a simple plug and play type trading strategy execution mechanism, especially one which can be left unattended for periods of time. For those into more in depth strategies and adding their own indicators, Coinrule still has a long way to go.

FAQs

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