Most crypto traders know they should have stop-losses in place. Most do not because setting them up manually is tedious, and doing it on multiple exchanges is worse. Coinrule solves this with a visual rule builder that lets you create automated strategies using simple if-then logic, no programming required.
Here is how to get started and build your first working rule.
What Coinrule Actually Does
Coinrule connects to your exchange via API and watches your portfolio 24/7. When the conditions you define are met, it executes trades automatically. The rules you build are structured as conditions and actions:
- Condition: "If Bitcoin drops 5% in the last hour"
- Action: "Then place a market buy order for $200 USDT"
You can chain multiple conditions with AND/OR logic and set multiple actions. The visual interface makes this feel closer to filling in a form than writing code.
Supported Exchanges
Coinrule integrates with major centralized exchanges including Binance, Kraken, Coinbase Advanced Trade, Bybit, and several others. You connect via read and trade API keys (never withdrawal permissions). Your funds stay on your exchange.
Step 1 — Create Your Account and Connect an Exchange
- Sign up at Coinrule (there is a free tier). Affiliate link — we may earn a small commission at no extra cost to you.
- Go to Exchange Accounts in your dashboard.
- Select your exchange and follow the API key setup guide Coinrule provides for each platform.
- Paste your API key and secret. Coinrule will verify the connection.
Step 2 — Build a Rule
Click Create Rule from the dashboard. You will see three sections: If (conditions), And Then (actions), and repeat settings.
For a simple stop-loss rule on Bitcoin:
- If: BTC/USDT price drops more than 8% in the last 24 hours
- Then: Sell 50% of BTC at market price
For a DCA-style accumulation rule:
- If: It is Monday at 9:00 AM (time-based trigger)
- Then: Buy 100 USDT worth of ETH at market price
- Repeat: Every week
Coinrule includes over 150 pre-built rule templates. If you do not know where to start, browse the template library and activate one directly. Templates cover common strategies including momentum trading, rebalancing, and volatility-based entries.
Step 3 — Test Before Going Live
Coinrule offers a demo mode that simulates your rule against live market data without placing real trades. Run a rule in demo for a few days and see how it behaves. This catches obvious configuration mistakes before they cost you money.
The free plan allows demo testing across all rule types. Upgrading unlocks live trading with real funds and higher rule limits.
Useful Rules for Beginners
Trailing Stop-Loss
A trailing stop follows the price upward and triggers a sell if the price drops by a set percentage from its recent high. This locks in gains without requiring you to manually update your stop as the asset rises.
RSI-Based Entry
Set a buy rule that triggers when the RSI (Relative Strength Index) of an asset drops below 30, indicating oversold conditions. This automates a common technical analysis entry point.
Rebalancing Rule
Automatically sell a percentage of an asset when it rises above a target allocation and buy back when it falls below. Useful for maintaining a target portfolio split between Bitcoin, Ethereum, and cash.
Pricing
The free tier allows up to 2 active rules on a single exchange with limited monthly trading volume. The Starter plan unlocks more rules and exchanges. Advanced and Pro plans are available for traders running more complex strategies or higher volumes.
For most beginners, starting on the free tier to validate that automation fits your workflow before paying is the right approach.
What Coinrule Cannot Do
Coinrule is rule-based, not AI-driven. It executes the conditions you define exactly as written. It does not learn from market conditions or adjust strategies dynamically. For hands-off AI-driven portfolio management, platforms like Stoic AI take a fundamentally different approach. Affiliate link — we may earn a small commission at no extra cost to you.
For advanced scripting, backtesting, and professional-grade automation, HaasOnline offers capabilities that go well beyond what Coinrule provides. Affiliate link — we may earn a small commission at no extra cost to you.