btcbot vs Coinrule: no API keys, fees only on wins
If you want a Coinrule alternative that needs no API keys and only charges when you win, here is an honest comparison. Coinrule is a friendly, no-code platform. The difference with btcbot is custody and how you pay.
The core difference: keys, custody, and cost
Coinrule is a cloud, no-code platform: you build "if-this-then-that" rules and its servers fire orders to your exchange through an API key (trade-only, stored on their servers). Your coins stay on the exchange. It runs on tiered subscriptions, and the free Starter plan is capped (a couple of live rules, one exchange, a monthly trading-volume limit), so real use means a paid plan.
btcbot has no API keys and no exchange account. It trades from your own wallet on BNB Chain through a signed, capped, revocable on-chain mandate. No subscription and no volume caps: you keep 70% of every gain, btcbot's share is 30% of the profit on a winning trade, and nothing on a losing or flat trade. The fee never touches your capital.
What Coinrule does genuinely well
Fair is fair. Coinrule is genuinely beginner-friendly: no-code if-this-then-that logic, a big library of templates, server-side execution so your laptop can stay off, a free tier to learn on, and support for many exchanges. If you want to design your own rules across venues without writing code, it is an approachable tool.
Where btcbot is different
- No API keys. Nothing to leak or phish. Your funds stay in a wallet only you control.
- You keep 70% of every win. btcbot's share is 30% of the profit, zero on losses. No subscription, no volume caps, no upgrade wall to actually use it.
- Done for you, not rules to build. Coinrule asks you to design and tune the strategy. btcbot runs a single job (buy dips, bank bounces) so there is nothing to configure.
- Verifiable on-chain. Every trade settles on-chain in a public transaction. Focused on BTC on BNB Chain, no token.
Side-by-side
| Coinrule | btcbot | |
|---|---|---|
| Who holds your funds | Your exchange (via API) | You (your own wallet) |
| API keys required | Yes (trade-only, on their servers) | None (on-chain mandate) |
| Fee model | Subscription (free tier capped) | You keep 70% of profits (fee on wins only, 0 on losses) |
| Setup | You build if-this-then-that rules | Done for you, one strategy |
| Proof of each trade | Platform records | Public tx hash on-chain |
| Best for | No-code rule builders | Self-custody + pay-only-when-you-win |
Which should you pick
If you enjoy building your own no-code rules across many exchanges and you are fine with API keys and a subscription, Coinrule is an approachable tool. If you want a done-for-you, non-custodial Bitcoin bot with no keys, no subscription, and a fee only when you win, that is btcbot.
Watch btcbot trade live, no signup
FAQ
Does Coinrule hold my funds?
No, your funds stay on your connected exchange, but Coinrule stores an API key with trade permission and your coins remain on the exchange, not in your own wallet.
Is there a Coinrule alternative without API keys?
Yes. btcbot trades from your own wallet through a revocable on-chain mandate, with no API keys.
How do the fees compare?
Coinrule charges a monthly subscription (its free tier is capped). With btcbot you keep 70% of every gain: its only charge is a 30% share of the profit on a winning trade (your capital stays yours), and nothing on a losing or flat trade.
Do I have to build my own strategy?
With Coinrule, yes, you design the rules. btcbot runs one strategy for you, so there is nothing to configure.
Related reading: A truly non-custodial Bitcoin bot · Custodial vs non-custodial bots: the guide · btcbot vs Pionex · btcbot vs Cryptohopper
Not financial advice. Past backtests are not a promise of future results.