Coinrule empowers traders to compete with professional algorithmic traders and hedge funds. No coding required.
Asset Class Return•30d
In Robo Advisor•30d
25% off on monthly subscriptions (first 12 months) and 30% off on Annual subscriptions (first annual payment)
Coinrule is a smart assistant that empowers people looking to invest and trade financial assets such as cryptocurrencies to build trading bots without having to program a single line of code. Users can pick 'building blocks' via a simple interface to create trading strategies which also get back tested with paper trades. Coinrule is a beginner-friendly platform that sends automated trading instructions to your favorite exchanges.
Things to Know
You make money on
Term of investment
Better trading results using trading strategies built on an If-this-then-that Logic
Ability to test and experiment trading strategies on a demo platform before implementing them in the live exchange
Access to 24/7 customer support and support from trading experts
See inside MoneyMade’s 6-figure multi-asset portfolio
How you make money
Making money from trading financial assets like Cryptocurrency is dependent on how well you know the market and the strategies you adopt. The Cryptocurrency market is volatile and is open 24/7. Coinrule’s automation helps the investor monitor the market and execute sound strategies that help him or her profit from the market volatility.
As prices of crypto assets swing significantly every day, automated strategies can catch opportunities at any time. Coinrule offers ready-to-launch templates with actionable strategies. Alternatively the user can create the strategy that fits better his or her needs.
How Coinrule makes money
They make money on a subscription basis. In exchange for the live trading rules and strategies and automation they provide to investors, they charge a monthly or annual fee. They have a free plan (Starter) and the fees of their paid plans range from $29.99 to $449.99 monthly and $359 to $5,399 annually.
Is it safe?
Coinrule prioritizes your security and privacy. Coinrule does not keep user funds and they do not have withdrawal right access to a user’s exchange account. This means that nobody can access a user’s funds through Coinrule. They store API keys in an encrypted format.
How You’re Taxed
As with any stock realized stock gains, investors are subject to capital gains tax. If gains are realized within one year, you are taxed at your income tax rate. If gains are realized after one year, you are subject to a long-term capital gains tax of 0% to 20%. A common service that some robo-advisors offer through their systems is automatic tax-loss harvesting. Tax-loss harvesting is a deliberate strategy whereby any loss from the sale of a security in a taxable account is used to offset a capital gain or taxable income, thereby reducing the tax paid.
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