Meta trading platform with custom rules support for crypto enthusiasts
According to LinkedIn, Coinrule is a trading platform that allows users to set up their own rules-based cryptocurrency trading across multiple crypto exchanges without any coding in a quick and straightforward manner. The company stated that Coinrule empowers individual traders to compete with professional algorithmic traders and hedge funds. The platform acts as a smart assistant for cryptocurrency trading that allows users to take full control of their trading while being able to fight back hedge funds and automated bots. Coinrule was founded in 2017 with headquarter located in London, England. According to Crunchbase, the company has raised a total of $1.3M in 2 funding rounds, with the latest funding round was raised on December 24, 2020, from an equity crowdfunding round.
According to its website, the platform supported more than 10 major exchanges, with high-grade security and encryption to protect users’ data when they connect the platform with their exchange accounts. The platform has several features for its users, including but not limited to:
– custom automated 24/7 trading rules where users can set custom automated trades to avoid a rally or get caught in a dip. Coinrule’s algorithm allows users to obsessively seek out effective market indicators to enable smart allocation of funds without removing users’ control of their own funds;
– encryption API communication that allows Coinrule to send automated trading instructions to users’ favorite exchanges, including Binance, Coinbase Pro, Kraken, etc without any private data;
– multiple indicators support, allow users to create various indicators such as MACD, RSI, and more to manage volatility and maximize profits.