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Unbiased Coinrule Review

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Unbiased Coinrule Review

Coinrule wants to take full charge of your crypto trading activities and fight back hedge funds using automated bots. You can create an account for free and start getting free trading templates to formulate your own strategies as well as manage your portfolio. However, for more advanced features, it is recommended that you subscribe to one of the available paid plans. Coinrule is user-friendly and doesn’t require you to have trading skills to operate it.

Highlights

These are the features incorporated into the bot:

  • Automated trading rules

Coinrule has more than 150 templates, consisting of rules traders can use to develop strategies for trading.

  • Multiple indicators

New indicators are added to the platform every week so as to help you execute your trading rules more effectively.

  • Crypto exchanges

The software supports 10+ of the most popular exchanges like Okex, HitBTC, Kraken, and more.

Verdict: a bot that features many preset strategies to help automate trades.

How to start with Coinrule

Registering with Coinrule is an easy process. All that is needed from you is to strictly follow the steps listed below:

  1. Click on the “Get Started” icon available on the Coinrule’s official page
  2. Fill out your name, email, and password
  3. A code will be sent to your inbox. Copy it on the platform
  4. You will then be directed to press the button “Create account”
  5. Now, connect the bot to your favorite exchange to begin configuring your strategies

Coinrule pricing

Coinrule features 4 different pricing plans, and they include Starter, Hobbyist, Trader, and Pro packs. The starter plan is free, while the paid packages cost between $29.99/month and $499.99/month if billed annually. The packages include demo/live rules, template strategies, connected exchanges, and a certain monthly trade volume. More advanced features such as leverage strategies, live Telegram notifications, access to the trading community, a dedicated server, etc., are available. Notably, working with some of the most expensive packages will give you access to more advanced features.

Minimum deposit to use with Coinrule

The devs don’t divulge info on the minimum deposit amount you need to have in your account for the bot to place orders.

Withdrawal process

Coinrule doesn’t have a withdrawal policy, given that your funds are not kept here. Money can only be withdrawn through your exchange account.

What about subscription fees and commissions?

The platform does not charge fees or commissions on trades or profits.

Coinrule review: user interface

The user interface is friendly. Anyone can easily understand the info presented and navigate through the app in an effective manner.

Customer feedback

Coinrule has received positive customer feedback so far. Clients love the library of information, the preset templates, and the customizable strategies the platform offers. However, you are warned that the company may take your money without your consent.

Positive feedback on Trustpilot.

Positive review on Trustpilot.

Negative user feedback on Trustpilot.

Coinrule team

The team behind this product consists of 17 professionals. Gabriel Musella is the CEO, and he has worked as a Mentor at Google and Zilliqa Accelerator. Oleg Giberstein (COO, growth) and Zdenek Hofler (CIO, architecture) are also part of the company. Coinrule is happy to inform us that they also work with great advisors with varied backgrounds.

What exchanges does Coinrule support?

Coinrule works with a variety of exchanges, including:

  • Binance
  • Bitpanda pro
  • Kraken
  • Poloniex
  • BitMEX
  • Coinbase pro
  • Okex
  • HitBTC
  • Bitstamp

 

Supported languages

The platform uses the English language only. Users not conversant with this language may thus be restricted from benefitting from the features offered.

Is Coinrule secure?

Sophisticated procedures are used to keep your account, and consequently, your funds safe. For example, Coinrule stores your API keys in an encrypted format. Data encryption is also used in transit, maximizing the security of your info and money. For additional protection, the platform supports 2FA and has a Cloudflare CDN to protect against DDoS attacks.

Is it a regulated crypto trading platform?

Activities on the platform are governed by English law.

Verdict for Coinrule

6

With Coinrule, you have multiple strategies that you can configure to suit your trading style. Indicators are also added weekly to help trigger actions during changes in the market and manage volatility to optimize profits. Even so, the company is accused of taking users’ money without their consent. The lack of live trading data is also a disadvantage. It can cause traders to question the ability of the service to earn them decent revenues.

Advantages
  • Multiple security measures are in place
  • User-friendly
  • Many strategies and indicators to choose from
  • Positive customer reviews
Disadvantages
  • Supports one language
  • No performance reports

Unbiased HodlBot Crypto Bot Review

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