Cryptocurrency has achieved a level of international popularity surpassing anything seen before. Investing in it is common among individuals spanning from high school students to billionaires. In spite of this, newcomers to cryptocurrency may find it difficult to keep up with all aspects.
What is a crypto price alert?
Crypto price alert is a notification that informs you when the price of a cryptocurrency reaches or approaches a specific point. By configuring an app to send these alerts, you can seize opportunities to buy before prices rise or sell before they fall. Crypto traders use price alerts to gain an advantage in the market, identifying overbought or undervalued assets.
The best crypto price alert app
Cryptocurrency Alerting has been crowned as the top crypto price alert app. Its standout feature is the ability to customize alerts based on your preferences. Moreover, it offers a wider range of notification methods compared to other apps or websites. With coverage of over 25,000 cryptocurrencies and support for more than 40 exchanges, you will find your desired token here.
How do crypto alerts work?
Crypto alerts are generated by a real-time system that analyzes news sources. Each article is evaluated for its sentiment towards cryptocurrencies and blockchain technologies. By providing investors with an edge over those who rely on limited analyst advice, these alerts help users make informed decisions. The alerts can be delivered via email, text message, or a dedicated app.
Top 7 crypto price alert services
Here is a list of the top seven crypto price alert services:
- Bybit Strategy Alert System: ByBit is a derivatives exchange offering a user-friendly and secure trading experience. Its Strategy Alert System helps traders make timely decisions by providing customized alerts based on their strategies.
- Huobi Global Alerts: Huobi Global is a leading cryptocurrency exchange that offers a Price Alert feature to keep traders informed about market movements. Users can customize their alert preferences for each supported trading pair.
- Binance Alerts: Binance allows personalized alerts for any cryptocurrency available on its platform. Users can easily set up alerts for desired cryptos and trigger prices.
- eToro: eToro is a renowned international CFD broker that offers price alerts for cryptocurrencies, stocks, and more. Users can set alerts within their Watchlist to stay informed.
- Coin Stats: Coin Stats is an all-in-one platform for managing decentralized finance assets. It supports multiple cryptocurrency platforms, offers customizable price alerts, and provides extensive analytical data.
- TradingView: TradingView is a comprehensive charting platform that enables users to track trends and set customizable alerts. Users can choose from various notification methods and access a wide range of indicators.
- Coinalert.me: Coinalert.me is a straightforward platform that delivers price alerts for selected cryptocurrencies. Users can choose the market, coin pair, and trigger conditions, and receive alerts via the app, Telegram, or email.
Setting up crypto price alerts
Setting up a crypto alert app is typically straightforward. As an example, let’s use Binance and provide a step-by-step guide:
- Switch to Binance Pro from your profile.
- Open the application and click on “Markets.”
- Search for your desired trading pair (e.g., BNB/USDT).
- Tap on the “alerts” icon at the bottom left of the screen.
- Choose your preferred alert type.
- Set the price at which you want to receive the alert and the frequency.
- Click “create” to activate your alert.
- To add more alerts, click on “add alerts.”
Best crypto trading platforms
In addition to price alerts, here are two notable crypto trading platforms:
- Bybit is a derivatives trading platform. It offers inverse and perpetual futures contracts with leverage of up to 1:200. Bybit supports quarterly USD futures and various tokens such as BTC, ETH, XRP, EOS, and LTC.
- OKEx is an international cryptocurrency exchange. Users can buy, sell, and store cryptocurrencies on it. OKEx offers over 100 cryptocurrencies including BTC, LTC, ETH, and XRP.
Conclusion
Сrypto price alerts are valuable tools for both experienced traders and beginners. They provide insights into price fluctuations of specific cryptocurrencies, helping traders make informed decisions. For beginners, these alerts contribute to their understanding of the market.
