Cryptocurrencies have done relatively well this year. Bitcoin, Ethereum, and Solana recently jumped to an all-time high while the total market cap of all cryptocurrencies rose to more than $3 trillion. This performance has beaten that of “traditional” assets like stocks, bonds, and gold.
Still, cryptocurrencies are the most volatile assets. For example, between May and July, Bitcoin price was down by more than 55%. Other cryptocurrencies like Shiba Inu and Internet Computer fell by more than 80% in the same period.
Therefore, cryptocurrencies investors and traders can benefit by having a platform that provides them pricing across different exchanges. Most importantly, they can benefit by receiving price alerts when major price action happens.
Introducing Cryptoradar price alerts
Cryptoradar is an online company that provides cryptocurrency comparison services. Customers can compare the real price that hundreds of exchanges are offering for the same coin. Doing this can save customers a lot of money by buying coins at relatively cheaper prices. The website also gives customers a chance to review these exchanges.
As part of the company’s growth, Cryptoradar has launched a new feature that gives users the ability to set alerts. With Cryptoradar price alerts, crypto traders and investors can make quick decisions, should they want to react to market volatility.
Cryptoradar has three types of alerts. First, it has target alerts, which will notify a trader when a cryptocurrency reaches a target level. It also has a volatility alert that notifies you when a cryptocurrency’s price rises or falls by a specific value. Finally, it has a periodic alert that sends a notification at regular intervals.
How to set alerts using Cryptoradar
Setting alerts with Cryptoradar is a relatively easy process. First, you need to visit the website’s price alerts page. This page looks like this.
Second, you need to select the alert type that you want to receive. You can only select one alert type at a time.
Third, on the next page, you should configure your alert. You do this by selecting the coin that you want to track, the exchange, and the alert you need. In this example, I have selected to receive an alert via email when Kraken’s Bitcoin goes up or down by 10%.
Finally, you need to register by providing your username, password, and email address. In addition to email, you can receive alerts by Discord, Telegram, and Slack. By doing so, you will receive timely alerts, which will help you make better decisions.
The Bottom line
Cryptoradar can help you make better investing or trading decisions. It does this by showing you the different prices that exchanges offer. It has intuitive price feeds and a feature that allows customers to receive alerts.