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Coinbase Hires Coinrule to Automate Advanced Trading Platform

by xyonent
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“We are extremely proud to be one of the first trading strategy platforms to work with Coinbase Advanced. Our mission is to provide retail investors with access to powerful AI tools and level the playing field. Our integration with Coinbase represents a major leap towards realizing this vision.”

Coinrule, a leading player in the automated trading space, has made a noteworthy announcement with implications for cryptocurrency enthusiasts.

The platform proudly announced its new compatibility with Coinbase Advanced, the cryptocurrency exchange’s trading platform built specifically for advanced traders.

Coinbase Launches Two-Week Campaign to Promote Automated Trading

This strategic integration aligns seamlessly with Coinbase’s two-week campaign, a joint effort to push the boundaries of automated trading. Through the campaign, Coinbase aims to incentivize traders with a host of rewards and exclusive offers, with the overall goal of driving adoption of the practice of automated trading.

For retail traders who frequently use the Coinbase platform, this development heralds an era of new possibilities. The integration gives retail traders access to the trading tools offered by Coinrule, promising opportunities to refine and enhance their investment strategies.

Gabriel Musella, CEO of Coinrule, commented: “We are extremely proud to be one of the first trading strategy platforms to work with Coinbase Advanced. Our mission is to provide retail investors with access to powerful AI tools and level the playing field. Our integration with Coinbase represents a major leap towards realizing this vision.”

Coinbase Advanced integrates Coinrule bots, scanners and strategies

Coinrule’s Automated Trading SuiteIt’s worth noting that is now accessible to Coinbase users.

Profitable Bots: These dynamic trading rules range from simple to complex and are tailored to personal preferences. Based on variables such as price, indicators and contextual conditions, users can now design over 100,000 trading strategies customized for Coinbase Advanced.

Live Market Scanners: Coinrule’s innovative “Any Coin” scanner goes beyond your average scanner and tracks the complex price patterns of over 2,000 cryptocurrencies. This intuitive tool acts as a compass, guiding traders to assets that match predefined entry criteria. A huge advantage is the ability to monitor and trade multiple listed cryptocurrencies simultaneously with Coinbase Advanced, streamlining your trading efforts.

AI-powered strategiesCoinrule features a Strategy Marketplace, a repository of carefully curated strategies created by experienced traders. The introduction of generative AI tools adds a cutting-edge touch, allowing traders to explore strategies tailored to different markets, time frames and risk tolerances, ensuring a personalized fit for different investment styles.

Coinbase Advanced to strengthen in June

Coinbase recently Major improvements to our advanced trading platformCoinbase Advanced. These changes, made based on feedback from advanced traders, are aimed at delivering a more robust, user-centric trading experience.

Key updates include merging USD and USDC order books to accommodate international traders. The integration provides easier access to 237 highly liquid USD markets by settling in USDC. Additionally, all traders, regardless of location, can now earn up to 4% in rewards on any USDC holdings in Coinbase or in active orders.

Responding to users’ requests for a dedicated space, Coinbase has created a dedicated section for advanced traders. Accessible via a global toggle switch, this segment provides efficient access to advanced trading tools and features while retaining user preferences across subsequent sessions.

The revamped interface prioritizes core actions such as portfolio management, spot trading and order management. This simplification allows traders to execute their strategies more efficiently.





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