Nov. 11, 2021
Being a revolutionary internet-based medium of exchange, Cryptocurrency uses a cryptographical method for the financial transactions. It is not controlled by any central authority. Rather this concept was introduced by a person named Satoshi Nakamoto with the purpose of conversion of currencies online without the interference of any third party. The amazing fact behind the invention of this concept is that, the value of the currency keeps on fluctuating on a day-to-day basis.
Bitcoin was the first decentralized cryptocurrency introduced in 2008 by a fellow named Satoshi Nakamoto as a pure to pure electronic cash system.
Why Alerts are Important?
Cryptocurrency alerts are important as they will notify you about the various price movements in the market, percentage of movement and exchange listings. In order to be a successful trader, the regular updates of price fluctutaions in the cryptocurrency markets. This can lead to great advantage by providing continuous updates like the XYZ Coin has been changed more than 5% and current price is $ABC or continuous updates when a coin has listed on a new exchange etc..
The various mediums to communicate the cryptocurrency alerts to the traders can be via SMS, email, phone call, push and browser notifications, Telegram, Discord and Slack bots etc. depending upon the services provided by different alerting platforms.
It can serve as a great benefit to make your online crypto trading easier than ever in the following ways:
- Alerts for important price movements
- Enable to put the investment in different coins
- Avoid fear and greed factors
- Trade using a plan only
As the prices in the crypto area, are prominently volatile so the price fluctuation alert can be a valuable method to maintain a continuous update in the minds of the crypto traders. Hence, with this timely notifications, there is no need for a manual check all the time.
There are certain existing platforms that are providing a continuous alerts to all the traders. By choosing a suitable coin of your choice along with the size of the price movement you can enjoy the notifications from time-to-time.