Bitrule.com launches. Free SMS & Alerts, Stop-Loss and Buy-Stop Services.

[muadib1974]

Hi all,

Today we are launching our new Bitcoin service for traders.
www.bitrule.com is a Google Cloud based platform that enables you to place Sell or Buy orders in your Bitstamp or BTC-e exchange account according to your predefined conditions (rules). We offer free Bitcoin price alerts (Email\SMS) and free Stop-Loss and Buy-Stop trade rules options.

We provide
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1. Free SMS\Email Price Alerts. Create custom rules to send you SMS\Email price alerts.

2. Free Stop-Loss and Buy-Stop rules.
This means you can create an automatic trade rule in which a predefined price trigger will cause a Sell or Buy order to be placed in your exchange account.
You can mitigate your risk in case of a sudden market price drop or join in on price hikes.
Stop-Loss and Buy-Stop are two key elements missing in the exchanges of today.

Price Alerts can be created without connecting your Bitrule account to an existing exchange account. Simply log in and get started.

Bitrule does not hold or have direct access to, any of your funds or hard currency.
As an added layer of security, We do not supply a method for withdraws. This we leave to you.
Bitrule does not require your API key to have withdraw privileges .
In fact we advise against this.


Bitrule is currently a Free Service and does not charge any commission or subscription. This is not going to change in the near future. Our biz model is a negligible commission on activated trade rules to cover site maintenance expenses, but this is dependent on growth and will not be happening in the near or medium future.


About us -
We're three adamant Bitcoin supporters, redditors\bitcointalkers past and present, programmers who want to help spread the Bitcoin word.
Please check us out and let us know what u think. We would be happy to get some feedback. We've been working on this for a while and hope you find the service useful.

[kitkat420]

Hi,

looks nice.
Do you support BTC-e?

[muadib1974]

Yes.

We currently support both Bitstamp and BTC-e exchanges.
This means that if you wish to create a rule for placing orders in either of these Exchanges, you can via Bitrule.com.

P.S
For creating a Price Alert, you do not have to own an Exchange account. Simply log in and get to it.

[muadib1974]

Also,

We will add support for BTC China in case there is demand for this feature.
Feel free to leave your feedback on our site feedback board.

[ahmedjadoon]

This new service seems really nice.I hope it proved useful for traders.
Good luck

[poordeveloper]

How often do you check for price changes?

[muadib1974]

We run a price check across the exchanges that completes every 25-30 seconds.

[poordeveloper]

We run a price check across the exchanges that completes every 25-30 seconds.

Are free SMS available worldwide or just for US numbers?

[muadib1974]

The SMS service is free for worldwide use.
The messages are issued by a US service provider.

In a few countries, local providers take a small fee for incoming international SMS.
If you are not in the US, you'll have to check with your service provider to see if this is true in your case.
But in most countries, all incoming SMS are free.

[poordeveloper]

Bitrule is currently a Free Service and does not charge any commission or subscription. This is not going to change in the near future. Our biz model is a negligible commission on activated trade rules to cover site maintenance expenses, but this is dependent on growth and will not be happening in the near or medium future.

Will we be able to pay you directly for your fees, instead of allowing withdrawal access to the API? (when you start charging fees)
This is a very interesting service, and if we can deposit Bitcoins so that the fees are paid using them, it will be great. Also, things like SMS notification if balance goes below a limit (so orders don't stop being created), etc. would be awesome.

[muadib1974]

Will we be able to pay you directly for your fees, instead of allowing withdrawal access to the API? (when you start charging fees)
This is a very interesting service, and if we can deposit Bitcoins so that the fees are paid using them, it will be great. Also, things like SMS notification if balance goes below a limit (so orders don't stop being created), etc. would be awesome.

We do not intend at any point to require withdrawal API permissions.
If, in terms of site growth, we get to the point where we will need to charge a small fee for trade order services,
this will be done by direct payment rather than access to your exchange account.
Having a API key that has withdrawal permissions is too risky in our eyes.

Regarding balance notifications, nice idea
Will pitch it to the gang.  

[kitkat420]

Is the number of SMS per month limited?

[muadib1974]

SMS and Email alerts are unlimited.
you may create as many alerts as u wish.