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Is it possible to set a target order price for a cryptocurrency and receive notifications when it reaches that price?

avatarSahabi Rufa'iNov 28, 2021 · 3 years ago3 answers

I'm interested in setting a specific price for a cryptocurrency and receiving notifications when it reaches that price. Is it possible to do this? How can I set a target order price for a cryptocurrency and get notified when it hits that price?

Is it possible to set a target order price for a cryptocurrency and receive notifications when it reaches that price?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, it is possible to set a target order price for a cryptocurrency and receive notifications when it reaches that price. Many cryptocurrency exchanges provide this feature. You can set a limit order with your desired price, and when the market price reaches that level, the order will be executed and you will receive a notification. Make sure to check if your chosen exchange offers this functionality and how to set it up in their platform.
  • avatarNov 28, 2021 · 3 years ago
    Definitely! Setting a target order price for a cryptocurrency and getting notified when it reaches that price is a common feature offered by most cryptocurrency exchanges. You can easily set a limit order with your desired price and wait for the market to reach that level. Once the price hits your target, the order will be executed and you will receive a notification. It's a convenient way to automate your trading strategy and take advantage of price movements.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! BYDFi, a leading cryptocurrency exchange, allows you to set a target order price for a cryptocurrency and receive notifications when it reaches that price. Simply log in to your BYDFi account, navigate to the trading platform, and set a limit order with your desired price. When the market price reaches that level, your order will be executed and you will be notified via email or mobile app. It's a great way to stay updated on price movements and make timely trading decisions.