Coinrule, an automated cryptocurrency trading platform, has announced a major upgrade to its trading engine with the direct integration of connected exchanges via WebSocket.
Previously, the company relied on a third-party data provider for passing on aggregate prices of all coins. The Coinrule team has now made it possible for users to retrieve price updates in real-time from each exchange it supports with no significant latency.
This update enables two significant improvements for users:
- Conditions and rules are triggered immediately when the selected price is traded on the market.
- If the rule activates with better timing, user orders will get executed exactly accordingly to their trading plan.
“Many users asked for this upgrade, and we are now thrilled to have accomplished this delivery to meet their requests. This is one of those technical upgrades that won’t be visible, but you will undoubtedly notice and appreciate the renewed efficiency of our rules!”
– The Coinrule Team