Coinbase taps Coinrule for automation on advanced trading platform

Rick Steves

“We are immensely proud to be among the first trading strategy platforms collaborating with Coinbase Advanced. Our mission revolves around granting retail investors access to potent AI tools, thus leveling the playing field. The integration with Coinbase represents a substantial leap toward achieving this vision.”

Coinrule, a prominent player in the automated trading realm, has made a noteworthy announcement that holds implications for cryptocurrency enthusiasts.

The platform proudly revealed its newfound compatibility with Coinbase Advanced, the crypto exchange’s trading platform specifically built for the advanced trader.

Coinbase launches a two-week campaign to promote automated trading

This strategic integration aligns seamlessly with Coinbase’s two-week campaign, a concerted effort to push the envelope on automated trading. Through this campaign, Coinbase aims to incentivize traders with a slew of rewards and exclusive offers, with the overarching goal of fostering greater adoption of automated trading practices.

For the retail traders frequenting the Coinbase platform, this development ushers in a new era of possibilities. The integration enables them to tap into the trading tools offered by Coinrule, an opportunity that promises to refine and amplify their investment strategies.

Gabriele Musella, the CEO of Coinrule, commented: “We are immensely proud to be among the first trading strategy platforms collaborating with Coinbase Advanced. Our mission revolves around granting retail investors access to potent AI tools, thus leveling the playing field. The integration with Coinbase represents a substantial leap toward achieving this vision.”

Coinbase Advanced integrates Coinrule’s bots, scanner, and strategies

Coinrule’s suite of Automated Trading features, now accessible to Coinbase users, is noteworthy:

Profitable Bots: These dynamic trading rules are tailored to individual preferences, ranging from simplicity to complexity. Anchored in variables like price, indicators, and contextual conditions, users now possess the capability to architect an impressive gamut of over 100,000 trading strategies tailored for Coinbase Advanced.

Live Market Scanner: Coinrule’s revolutionary ‘any coin’ scanner goes beyond the ordinary, tracking the intricate price patterns of over 2,000 cryptocurrencies. This intuitive tool serves as a compass, guiding traders toward assets that align with their predefined entry criteria. A distinctive perk lies in the ability to concurrently monitor and trade multiple listed cryptocurrencies on Coinbase Advanced, streamlining trading endeavors.

AI-Powered Strategies: A hallmark of Coinrule’s offering is its Strategies Marketplace, a repository of meticulously curated strategies originating from seasoned traders. The involvement of generative AI tools lends a cutting-edge touch, as traders can explore strategies tailored to diverse markets, timeframes, and risk appetites. This promises a personalized fit for a myriad of investment styles.

Coinbase Advanced enhanced in June

Coinbase has recently introduced significant improvements to its advanced trading platform, Coinbase Advanced. These changes, driven by feedback from advanced traders, aim to provide a more robust and user-centric trading experience.

The central update involves merging USD and USDC order books to accommodate international traders. This integration facilitates access to 237 highly liquid USD markets by settling with USDC. Additionally, all traders, regardless of location, can now earn up to 4% rewards on their USDC holdings within Coinbase or active orders.

In response to user requests for a dedicated space, Coinbase established a distinct section for advanced traders. Accessed through a global toggle switch, this segment ensures streamlined access to advanced trading tools and features, while preserving user preferences for subsequent sessions.

The revamped interface prioritizes core actions like portfolio management, spot trading, and order management. This simplification empowers traders to execute strategies more efficiently.

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