You can't watch the charts 24/7, but you don't want to miss a good buying or selling opportunity. Binance's price alert feature automatically notifies you when a coin reaches your target price. This article shows you how to set it up. If you don't have a Binance account yet, register on Binance first — you can use price alerts right from the app.
How to Set Up Price Alerts
Method 1: From the Market Page
- Open the Binance app
- Go to a specific coin's market page (e.g., BTC/USDT)
- Find the bell icon (usually in the top right or near the price)
- Tap "Create Alert"
- Set the alert condition:
- Notify when price goes above XX
- Notify when price goes below XX
- Confirm
Method 2: From the Trading Page
- Go to the trading page
- Find the alert settings in the chart area
- Tap directly on the chart at your target price to set an alert
Method 3: From the Alert Management Page
- Avatar, then Notification Settings, then Price Alerts
- Tap "New Alert"
- Select the trading pair
- Set the price condition
- Confirm
Types of Alerts Available
1. Price Target Alert
Notifies you when the price reaches a specific value.
Example: Notify me when BTC reaches 70,000 USDT
2. Percentage Change Alert
Notifies you when the price moves by a certain percentage within a given timeframe.
Example: Notify me when BTC rises or falls more than 5% in 1 hour
3. Periodic Reminder
Reminds you to check a coin's price at set intervals.
Practical Applications
Buy Alert
You want to buy the dip at BTC 55,000 but don't want to stare at charts. Set:
- Notify when BTC/USDT price drops below 55,000
Sell Alert
You hold ETH and want to sell a portion at 4,000. Set:
- Notify when ETH/USDT price rises above 4,000
Stop-Loss Alert
You hold SOL, bought at 100, and want to consider cutting losses at 90. Set:
- Notify when SOL/USDT price drops below 90
Breakout Alert
You believe BTC will surge after breaking a key resistance level. Set:
- Notify when BTC/USDT price rises above the key resistance
Alert Setting Tips
Don't Set Too Many
Too many alerts lead to notification overload, drowning out important ones. Keep no more than 10 active alerts at a time.
Set at Key Levels
- Technical support and resistance levels
- Near your cost basis
- Round psychological numbers (e.g., BTC at 50,000, 60,000, 70,000)
Align with Your Strategy
- For grid trading, set alerts near the grid's upper and lower bounds
- When waiting for a pullback, set at your target buy price
- For profit-taking, set at your target sell price
What to Do When an Alert Triggers
Receiving an alert doesn't mean you must act immediately. Consider:
- Check the current market: Quick look at the chart and volume
- Assess market conditions: Any major news causing the price move?
- Follow your plan: If it matches your trading plan, execute; if not, wait
- Update alerts: After acting, set new alerts
Alerts Not Coming Through?
1. Check App Notification Permissions
Ensure the Binance app has notification permissions enabled.
2. Check Background App Activity
Some Android phones close apps in the background, preventing notifications. Add Binance to your battery optimization whitelist.
3. Check if the Alert Is Still Active
Confirm in the alert management page that the alert is still in active status (hasn't been triggered and deleted).
Price Alerts vs. Take-Profit/Stop-Loss Orders
| Comparison | Price Alert | TP/SL Order |
|---|---|---|
| Function | Notifies you | Trades automatically |
| Manual action needed? | Yes | No |
| Best for | Situations requiring judgment | When you have a clear strategy |
| Risk of missing | May not act in time | Auto-executes |
If you already have a clear target price and action plan, use take-profit/stop-loss orders instead of price alerts to avoid the risk of being notified but not acting in time.
Summary
Price alerts are a great tool for freeing you from constant chart-watching. Set a few alerts at key price levels, combine them with take-profit/stop-loss orders, and your trading becomes much more relaxed.