There is a specific kind of anxiety that comes while you trade crypto. Itโs the constant urge to check your phone or your device. You check it at dinner, you check it in the elevator, you check it the moment you wake up and the list goes on . You are terrified that if you look away for one hour, the market will crash or your dream coin will finally pump without you (can feel you ๐ญ) .
โThis behavior isn't just stressful, but it's bad for your trading. It leads to emotional decisions and "over-trading" , which leads to many wrong decisions taking and overall damage to your mental health bit by bit.ย
โThe solution is simple, free, and built right into your Binance app: Price Alerts. By setting up a proper alert system, you can stop staring at charts and let the market come to you. This guide will show you exactly how to set them up in seconds, so you can reclaim your time without sacrificing your gains.
โII. What Are Price Alerts?
โA Price Alert is a digital "tripwire." You tell the Binance App: "If Bitcoin hits $95,000, send a push notification to my phone immediately."
โUntil that specific price is hit, the app stays silent. You don't need to check the chart because you know, with 100% certainty, that your target hasn't been reached yet.
โYou can set alerts for:
โSpecific Prices: "Tell me when ETH hits $3,500."
โPercentage Changes: "Tell me if SOL pumps more than 5% in the next hour."
โ24-Hour Changes: "Tell me if BNB is down 10% today."
โIII. Why You Should Use Themย
โAlerts are not just for convenience; they are a risk management tool. There're lots of benefits of using the alerts other than just resting your mind.ย
โThe "Buy the Dip" Sniper: Instead of staring at the screen waiting for a dip, set an alert for your "dream entry price." If the market crashes while you are sleeping, your phone wakes you up, you buy the bottom, and go back to sleep.
โThe "Stop-Loss" Warning: Even if you have a hard Stop-Loss set, you might want a "pre-warning." If your invalidation level is $58,000, set an alert at $58,500. This gives you time to assess the situation before your trade is closed out.
โMental Freedom: The biggest benefit is psychological. Knowing that you will be notified allows your brain to disconnect from the market. You can focus on your work or family, knowing you haven't missed anything.
โIV. How to Set Up Price Alertsย
โSetting this up takes less than 30 seconds. Here is the exact process for the Binance Appย
โOpen the App: Log in and ensure you are on the "Pro" version (toggle in your profile settings if needed).
โGo to Markets: Tap the [Markets] tab at the bottom or search for your coin directly (e.g., BTC/USDT).
โOpen the Chart: Tap on the trading pair to open the full price chart.
โFind the Bell: Look for the [Alert] icon.
โNote: On most versions, this is a Bell Icon located in the bottom-left corner of the screen (next to the "Buy/Sell" buttons) or sometimes in the top-right corner.
5. โAdd Alert: Tap [Add Alert] or [Create Alert].
6. โChoose Your Type:
โPrice Rises Above: For profit targets.
โPrice Drops To: For buying dips or stop-loss warnings.
โChange Is Over: For catching volatility (e.g., "Price rises by 5%").
7. โSet the Value: Enter your target price (e.g., 95000).
8. โFrequency: Choose "Once Only" (standard) or "Once a Day."
9. โConfirm: Tap [Create Alert].
โYou are done. You will now see a yellow line on your chart indicating exactly where your alert is set.
โV. Pro-Tips for "Smart" Alerts
โDon't Set Exact Numbers: If you want to buy at $60,000, set your alert at $60,100. This gives you a "heads up" moment to open the app and prepare before the price actually hits your level.
โUse Distinct Sounds: In your phone's notification settings, you can often customize the sound for Binance. Make it loud. A generic "ping" might be a text message; a loud alarm means money.
โThe "Volatility" Trap: Be careful with "Percentage Change" alerts on volatile meme coins. If you set "Alert me if price changes 2%," your phone will buzz every 3 minutes. Stick to major price levels for high-volatility assets.
Always remember these are our preference, you may not find it attractive, so you can obviously use your strategy which suits you best.ย
ย
