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.
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.