Configuring Price Alerts
Price alerts are central for traders and long-term investors alike. You can create rules to track absolute values (e.g., Bitcoin reaches $30,000) or relative moves (e.g., Ether drops by 5% in 24 hours). Configuring them involves three steps:
- Choose the asset and market pair.
- Select threshold type (absolute or percentage).
- Define channel delivery (email, SMS, push).
Use alerts sparingly for assets central to your strategy. Too many price alerts will dilute your attention and create fatigue. A concise set aligned with entry/exit levels is most effective.
Transaction and Security Alerts
Transaction alerts serve as financial receipts, providing reassurance of completed deposits, trades, and withdrawals. They also double as security controls: unexpected notifications indicate unauthorized activity.
Security alerts expand this protection by tracking logins, password resets, and suspicious IP access. Always keep these activated. CoinSmart uses them as the first defense layer in notifying users of account anomalies.
Best practice: Link security alerts to both email and push channels for redundancy. If one fails, the other provides backup.