Is Coinrule Legit?

Are you considering Coinrule as your Auto Trading Tool for Cryptocurrencies but not yet confident if you can trust it? This post will help you!

Let’s have a thorough look:

1 – Regarding Regulation, Is Coinrule Regulated? | Is Coinrule Legit?

No, not by a major entity like FCA, Financial Conduct Authority (we mention the FCA as the company is based in the UK). As we know, the crypto space is not yet regulated in an old and classic way like the big banks, so as a consequence the same happens to Coinrule.

On the other hand, Coinrule LTD is a limited liability company incorporated under the laws of the United Kingdom and Wales. The company is registered under registration number 11265766. The company’s registered office is at 6, 2 Fisher Close SE16 5AE London, United Kingdom.

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2 – Coinrule has an updated security technology? | Is Coinrule Legit?

We don’t have deep info about that as this is quite confidential from the backend perspective but at least across all the process of Sign Up, Login, Logged area, etc. the process seems to be quite focused on keeping the Coinrule users safe. For example, every time you log in to the platform a 2nd-factor-authentication (6 digit code) is asked via email. By the way, always be sure you’re access Coinrule via this URL: https://web.coinrule.com.

Also, if you need the Forget Password process you’ll need to ask a PIN directly to the human support. Quite annoying but make things safer.

3 – Does Coinrule has human support? | Is Coinrule Legit?

Yes, absolutely. I’ve personally tested to contact them several times and all the answers were certainly replied by real humans. They use Intercom as the messenger tool and the Intercom automatic message says that “Coinrule typically replies in 1day”.

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4 – Coinrule has real customers? | Is Coinrule Legit?

Yes, this is confirmed by their Telegram Channel called “Coinrule Live Traders”. It has the moment this article was written more than 600 members. Its moderated by real Coinrule employees what makes the environment very organized and friendly. By the way, be part of this group is a very good way of being closer to the best practices and techniques in the Crypto Auto-Trading space in general.
You can have access to the Coinrule Live Traders Telegram Channel via this invite here.

5 – Coinrule is Legit because it shows an appropriate and professional business structure | Is Coinrule Legit?

Coinrules presents a state of the art design, an extensive knowledgebase for beginners or seasoned traders, an innovative dashboard, a useful newsletter, and a lot more. It is risk-free to assume that scammers would never do all these efforts just to attract naive new clients and then make them victims.

Recently they crowdfund via Seedrs which a quite respected platform that does due diligence to any company that facilitate the crowdfunding process.

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6 – Does Coinrule appeared in any official and well-known press? | Is Coinrule Legit?

Frauds are typically reported. Always check online to see if there have actually been any kind of reports by legitimate resources concerning any certain platform. Some publications, such as eu-startups.com, news.bitcoin.com , cryptobriefing.com, and uktech.news have all covered Coinrule’s legitimate and ethical presence in the fintech industry.

7 – Coinrule is legit since it is transparent, honest and fair with its clients | Is Coinrule Legit?

Coinrule makes its customers familiar with the threats: any kind of trading involves danger. Coinrule motivates its customers to take precaution and also gives advice for lowering danger while encouraging liable trading.

Trading is not betting: While there are constantly unforeseen events that can create an unexpected shift in an asset’s cost, causing a loss, accountable traders stay educated and expand their profiles to minimize risk.

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If Coinrule is legit so many people think the opposite? | Is Coinrule Legit?

Crypto Auto Trading platforms can be scams considering that regulations are not yet perfectly in place. Trading includes threat, and also some people who shed money trading online quite often understand that the responsibility is with the platform, calling it a “scam”. That is one of the reasons why Coinrule makes crypto traders aware of all the volatility of cryptocurrencies and allow clients to take out funds at any time.

Are you now convinced that Coinrule is Legit? | Is Coinrule Legit?

Have a look, try their services, a lot of clients and traders are doing really good money trading by themselves. Coinrule offers the best in the market for that. Try it here.

If you want to explore Coinrule in deep have a look at our complete 2021 Coinrule review here.

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