Millions of investors across the globe now trade in different cryptocurrencies every day to generate consistent returns. Cryptocurrency has now gained traction in the mainstream media as well, where stories about different coins are heard regularly. We have all seen the stories about Dogecoin’s golden run, the infamous Bitcoin crash this year, and many more. But as new traders join in on the crypto wagon, it is essential to note that the crypto market is way different from other financial markets (like the stock market). It is incredibly volatile and runs 24×7. Therefore, unlike stocks and commodities, constant manual trading is not possible.
To ensure that no profits get away and losses are minimised, traders are now automating their trades to generate consistent returns without manually trading. Moreover, many automated trading platforms also offer users a chance to copy other traders. This process is known as copy/mirror/social trading. To help you select the ideal trading platform for your crypto trading needs, this article will discuss three such platforms. In this Tradesanta vs Mudrex vs Coinrule review, we will highlight their features in detail and rank them accordingly, helping you choose the best platform for your investment needs.
Here’s the Tradesanta vs Mudrex vs Coinrule Review
TradeSanta is a cloud-based automated trading platform. It offers powerful tools for automated trading and helps users automate their trades easily. TradeSanta offers trading bots that are spread across cryptocurrencies and can be easily customised. The platform has gained quite some traction in recent times, primarily due to ease of investment and a long list of trading tools. In this Tradesanta review, we will compare it with Mudrex and Coinrule to highlight the best pros and cons of the platform.
The Mudrex bot marketplace is a cloud-based trading platform that is bringing crypto trading to everyone. This new-age platform helps users invest in pre-made Mudrex bots or build their own using a no-code crypto strategy builder at Mudrex Build. The premade strategies are created by expert traders, and you can invest in them with ease at Mudrex Invest. These bots are 100% automated and spread across multiple cryptocurrencies and exchanges for you to choose from. In this Mudrex review, we will compare it with the other two platforms and underline the stark differences.
Coinrule is a cloud-based crypto trading platform that helps traders to automate their crypto trades. Users can easily create trading rules or use over 190 pre-made trading templates. However, if you want to build your own trading rules, you can create them without writing code. The rules can be made by multiple if-then rules and can encompass as many filters as you like. In this Coinrule review, we will rank the platform on various features, providing a comprehensive analysis.
Tradesanta vs Mudrex vs Coinrule— A Review
In this Tradesanta vs Mudrex vs Coinrule review, we will score each platform from 0-10 on multiple essential features. These are platform reliability, pricing, trading bots profitability, and many more. The final scores are given below, and a detailed Tradesanta vs Mudrex vs Coinrule review follows.
|Trading Strategies and Profitability||7/10||9/10||6/10|
|Ease Of Investment||7/10||9/10||8/10|
|Community & Support||8/10||9/10||7/10|
#1 Platform Reliability
With the increase of scams and breaches in the crypto world, finding a reliable crypto trading platform is necessary. So, when you start investing via a platform, the first question to ask is, ‘Will My Money Be Safe With This Platform?’
The Tradesanta trading bot platform was launched in 2018 and has become a go-to platform for many traders. It has over 40,000 active users and 12,000 active trading bots. TradeSanta offers 2FA security and offers API support without any withdrawal permissions.
The Mudrex trading platform is backed by Y-Combinator. Launched in 2019, San Francisco-based Mudrex has gained extensive popularity in the crypto space due to its easy-to-use interface and minimal investment steps. With over 25,000+ investors and $1.5 Billion in trade volume, Mudrex is growing strong. Mudrex has employed robust security measures that include two-factor authentication, lightning-fast support and no-withdrawal permissions for APIs.
Coinrule is a London-based platform launched in 2017. It has gained quite a generous traction in a short span, primarily due to its no-code building block approach for manual trading. To help users feel secure about their investments, it requires minimal API permissions and employs 2FA.
While investing in any platform, reliability is the crucial factor that helps the investors continue worry-free. Therefore, with high security, transparent results and a high user base, Mudrex ranks the highest in platform reliability.
#2 Trading Bots/Strategies and Profitability
Automating trading platforms and bot marketplaces have multiple options to choose from. Therefore, having the correct and transparent details about them is vital to make informed trading decisions. So the next question is, ‘Which crypto trading platform helps me select the best bot and make the right choice?’
Trading At TradeSanta
Users at TradeSanta can either automate their own bot or choose a premade trading strategy. The TradeSanta dashboard also offers a Virtual Trading space, where users can safely test their trading skills using demo balance and see TradeSanta bots in action. If you wish to trade manually, you can also execute manual trades on TradeSanta.
Some of the trading strategies provided by the platform are:
- DCA (Dollar Cost Averaging): The bot buys more coins if the trade goes in the opposite direction of the bot, increasing chances of profits
- Grid: Take advantage of price fluctuations and extract profits
- SmartOrder: Buy and sell a significant amount of cryptocurrencies at market price with split orders
Trading At Mudrex
The Mudrex crypto trading bot dashboard provides all vital details about the bots. These include the cryptocurrency the bot trades in, total lifetime returns, number of investors in each strategy, a performance score (0-10) by Mudrex rating each strategy after a risk vs reward analysis, total run time of the strategy, the monthly fee and the last 30 day returns. These crypto bots are spread across currencies and exchanges, helping you choose the best one as per your trading strategy.
Investors can easily view the top performing bots, and some of them are listed below with their returns in the past 30 days:
Trading At Coinrule
Users at Coinrule can use over 190 pre-made templates spread across multiple strategies. Some of the tags that traders can use to filter the templates are Maximise, New, Trend, Leverage and Rebalance. These templates have different ‘if and then cases’ as per the strategy and can be customised as per the user’s preference.
As Mudrex helps users select the right bot with transparent and accurate information on its functioning and performance, it ranks the highest here.
Trading Bots/Strategies and Profitability
#3 Pricing / Platform Usage Fees
The pricing of a platform and trading bots are crucial factors for traders while deciding which platform they wish to invest on. Therefore, the next question we answer is ‘How much is the platform usage fee?’
TradeSanta offers three different pricing plans to its users. The Basix Package ($14/month) offers up to 49 trading bots, unlimited pairs, unlimited trading volume and much more. The Advanced Package ($20/month) includes up to 99 bots, TradeSanta support on Telegram, additional statistics and all Basic Package features. The Maximum Package ($30/month) consists of all Advanced Package features and many more.
Unlike most trading platforms, users at Mudrex do not have to pay anything to use the platform, create and backtest their strategies. Users only pay when they invest in a bot, and the fee starts as low as $5 per month and varies depending on the bot and the amount invested. The pricing is clearly mentioned on the bot’s page on the dashboard. The minimum investment amount on the platform is $150, exclusive of the fee. Moreover, Mudrex offers another great feature called the Mudrex Protect, a fee refund if the strategy does not yield profit in a month.
However, if you wish to build, backtest, publish and earn from your strategies, the premium plan is priced at $16/month. With the premium plan, you get unlimited backtests, 200+ technical indicators, priority 24×7 support and the ability to publish and earn from your strategies on Mudrex.
Coinrule offers both free and paid investment plans. The Starter or the free plan provides features such as one connected exchange, $3,000 maximum traded volume in a month and seven template strategies.
The Hobbyist plan ($29.99/month) offers 40 template strategies, two connected exchanges, advanced indicators and up to $100,000 monthly trade volume. With the Trader plan ($59.99/month), users get one-to-one training sessions, unlimited strategies, three connected exchanges, up to $1 Mn monthly trade volume. With the Pro plan ($449.99/month), users get a dedicated server, unlimited strategies, up to $5 Mn monthly trade volume, ultra-fast execution, and a lot more. At Coinrule, there is no minimum trade limit, and users can invest as low as the exchange permits.
High pricing often acts as a deterrent for investors, especially those just starting. Therefore, with a simple pay as you invest model, Mudrex ranks highest in platform pricing and usage fees.
Pricing / Platform Usage Fees
#4 Ease of Investment
When you select a platform for your crypto investments, the next step is getting started. Ease of investment is a key factor when choosing where to invest. Therefore, the next question that needs an answer is, ‘How do you start using the crypto investment platform?’
How To Invest On TradeSanta
TradeSanta has been known for its user-friendly investment process, especially for amateur traders. Once you are logged in, you can create your TradeSanta bot without much hassle and automate your crypto trades. If you do not have a crypto wallet for trading, TradeSanta also offers a one-click wallet creation in collaboration with the HitBTC exchange.
Here’s how you can start investing on TradeSanta:
- Create/ Login to your TradeSanta account;
- Pay the platform fee;
- Connect an exchange account, or create a new one within the platform;
- Create a bot by selecting the exchange and trading pair;
- Choose the desired template and volume you want to trade in;
- Manage risks by implementing signals and stop-loss;
- Start your bot, and you are good to go.
How To Invest On Mudrex
The rapid growth of Mudrex can be attributed to how easy it has made crypto investments. Mudrex’s focus on bringing crypto investments to everyone without complicating the process has resulted in a stellar user experience. The user-friendly approach and the intuitive interface, combined with a transparent and straightforward process, make it extremely easy to invest on Mudrex. While the platform doesn’t have a Mudrex mobile app, the desktop version is entirely self-sufficient.
Here’s how you can start investing on Mudrex:
- Create/ Login to your Mudrex account;
- Connect the desired exchange with API keys;
- Choose the bot you want to invest in and select the amount;
- Pay the platform fee, and you are all done.
How To Invest On Coinrule
Coinrule’s simple UI helps users understand and execute their crypto trading goals. While there is no Coinrule app, the desktop version makes it easier for users to invest and track. With over 190 pre-made templates, automated trading is easy at Coinrule.
Here’s how one can start with Coinrule:
- Create/Login to your Coinrule account;
- Connect an exchange with an API key;
- Pay the membership fee for the platform;
- Build a new rule or select from the templates;
- Start your rule, and you are good to go.
Crypto investments should be easy, as a complex process will only degrade the user experience. Keeping UX in mind, the Mudrex platform ranks at the top in ease of investment.
Ease of Investment
#5 Post-Investment Tracking
Once you invest in a bot, it is time to view your portfolio and track your investments. Therefore, the next question that arises is, ‘How do I track my crypto investments?’
Portfolio Tracking At TradeSanta
You can easily view your crypto portfolio at Tradesanta with its dashboard. It showcases vital details such as balance dynamics, profit dynamics, active bots, total balance, and active orders. The dashboard also showcases platform news, exchange rates (selected exchange), and top trading pairs in the last 24 hours.
Portfolio Tracking At Mudrex
Mudrex makes it easy for users to track their crypto portfolio and investments and provides all essential information in the Mudrex dashboard. These details include the crypto bots you have invested in, the amount invested, total returns in % of each bot, and the overall returns.
Portfolio Tracking At Coinrule
The Coinrule dashboard provides details such as net profit, total growth, and start date. Moreover, it also showcases each rule, its status, growth and net profit.
Both TradeSanta and Coinrule provide a detailed overview of user’s crypto investments, helping them make better trading decisions. Therefore, they both have the highest rank in post-investment tracking.
#6 Exchanges Supported
With the rise of crypto, the number of crypto exchanges across the world has also increased. Investors often trade on different exchanges, making multi-exchange support critical for ease of access. Therefore, the next question is, ‘How many exchanges does the platform support?’
Exchanges Supported By TradeSanta
TradeSanta supports seven different exchanges, such as HitBTC, Binance, Bitfinex, Bittrex, UPbit, Huobi and OKEx.
Exchanges Supported By Mudrex
At Mudrex, users can invest through Coinbase Pro, Binance, Bybit, Deribit, OKEX and BitMex.
Exchanges Supported By Coinrule
Coinrule supports ten popular exchanges, including Binance, Coinbase Pro, OKEx, Bitstamp, Kraken and BitMex.
Coinrule supports the most exchanges among the three platforms, making it the highest-ranked in crypto exchanges supported.
#7 Community & Support
No matter how well a platform is built, users often face issues that need to be addressed by the support team or community. So the next question is, ‘How easily can the platform solve my problems, and how do I reach them?’
TradeSanta has email support for its users, where users can post their grievances. The platform is also active on YouTube and many other platforms, where they help users understand how to invest on TradeSanta.
Here’s how you can reach TradeSanta:
- Email: firstname.lastname@example.org
- Telegram: t.me/joinchat/EhCySlF1SsWMrOPMKt1Lzg
- Facebook: www.facebook.com/tradesanta
Mudrex has made it easy for users to solve their issues in just one click with its detailed crypto FAQ support section. The FAQ section also helps users understand the platform and its features. Mudrex also offers lightning-fast email support, along with a comprehensive crypto blog. The platform has active communities on Discord and Telegram and a presence on social media as well.
Here’s how you can reach Mudrex :
Coinrule offers a comprehensive knowledge base that contains significantly detailed information on crucial account-related topics, including starting with Coinrule, trading strategies, exchange guidelines, trading tips and much more. The platform also has a FAQ section to solve user problems, along with minimal social media presence.
Here’s how you can reach Coinrule:
- Twitter: twitter.com/coinrulehq
- Facebook: www.facebook.com/CoinruleHQ/
Mudrex offers superior email support with detailed FAQ and blog sections, making it easier for users to get answers to their queries. Therefore, Mudrex is top-ranked in the community and support feature.
Community & Support
#8 Referral Bonuses
When it comes to referral bonuses, who doesn’t like to earn with their professional network. So, we move on to our last but not least question, ‘How can I earn from crypto referral programs with my network?’
Through the TradeSanta referral program, a user can earn 20% of each plan purchased by every valid referred user. Any referral earnings from TradeSanta can either be used on the platform or withdrawn to a crypto wallet. However, you need to earn a minimum of $30 before withdrawing any funds.
The Mudrex crypto referral program is a no-limit referral program with various benefits. Firstly, it offers $25 for every valid referral, which can be used on the platform. Secondly, you earn a 50% commission for whatever the referred user spends on Mudrex. The highlight here is that there are no earning limits, so you can refer as many users as you wish and keep on earning. Moreover, Mudrex hosts multiple giveaways, which offers exciting prizes, additional bonuses, and much more.
At the time of writing, Coinrule is not running any referral programs.
The best crypto referral program is one that has high profitability without any earning limits. Mudrex fits the bill correctly and takes the top spot in crypto referral bonuses.
Tradesanta vs Mudrex vs Coinrule— The Final Verdict
As we see from this Tradesanta vs Mudrex vs Coinrule review, it is clear that all three platforms have multiple notable features. However, it all boils down to your trading needs and requirements. While no single trading bot is perfect for every trader, it is vital to outline your trading goals before investing. Therefore, it is crucial to understand how the platform and the crypto market works and if they match your goals. Through this Tradesanta vs Mudrex vs Coinrule review, we hope to help you select the right trading platform for your crypto investments.
While no trading bot is perfect, this Tradesanta vs Mudrex vs Coinrule review proves that Mudrex can be the ideal choice for crypto traders. Mudrex offers a fantastic user experience with its easy-to-use interface, comprehensive security and profitable bots with nominal fees. With Mudrex, you can generate consistent returns and sleep while you trade. It is safe to say, Mudrex is the high-performing automated trading platform you are looking for.
Let your trades work on autopilot. Get consistent returns with Mudrex.