The cryptocurrency market is one that is full of unexpected fluctuations in the market rates which results to its volatile nature. The outcomes of these fluctuations could be gruesome to the cryptocurrency traders especially those who are just starting out in cryptocurrency trading as they could lose most if not all of their investments.
CoinMarketAlert seeks to solve this problem and offer both expert traders and beginners with certainty and tranquility when trading.
What Is CoinMarketAlert?
CoinMarketAlert is an online platform that offers user-friendly tools for tracking the increase or decrease in cryptocurrency prices in order to protect a user’s cryptocurrency investments. Using data from CoinMarketCap, the platform also has a tool that can help users earn profits on each transaction and not lose money on their cryptocurrency investments.
CoinMarketAlert Platform Categories
The platform delivers alerts email, callback and webhook, push notification or telegram messages. The alerts are for most of the cryptocurrencies in the market today. The alerts are categorized into two: the free alert and the advanced alerts.
The free alerts algorithm is set to notify users when there is a price change in the cryptocurrency they have selected. The free alert will also notify users of possible profits or losses to a particular cryptocurrency.
The advanced alert requires users to pay approximately $1 per month. Apart from receiving alerts in offered in the free options, they would also receive alerts about changes in trading volumes, prices and market caps and frequencies in market cap and prices. Additionally the advanced option will provide users with alerts about new coins.
Profit And Loss Alerts
Set up only takes a few seconds and does not require users to login. To secure their investments, users can track profits and losses at real time. Once they have input the cryptocurrency they have purchased, the amount of the coins, the price they purchased them for and their preferred notification frequency and method, they will receive notifications containing the amount of profits or losses they are anticipated to make.
The platform has a CPM banner-advertising feature that enables user to promote their products and services and increase their market reach. Advertisers can upload their banners and pay the banner fees using the various cryptocurrency or pay via their PayPal accounts. Thereafter the banner will be visible to all the users of the platform. The banner fees depend on the views that the advertisers chooses.
Submission Of Blog Posts And Press Releases
Users of the platform can submit blog posts and press releases to CoinMarketAlert; the submissions are then published to the platform’s newsletter, homepage and on the press release page and blog. To have a submission approved and published, a user will have to pay a fee of $50.
Embedded Price Alert
In addition to using the embedding tool, users can also benefit from the Bounty Offers under the embedding feature. This works by encouraging users to promote the feature to other website owners so that they can receive rewards such as free subscriptions to the advanced alerts option and free banner advertising once the website owner users the embedding tool.
Users will also receive free banner advertising and subscriptions for promoting the CoinMarketAlert platform on other crypto related forum, networks, exchanges, or blogs.
The platform has cryptocurrency exchange tool that is linked to the Changelly exchange platform. The tool helps users in calculating how much conversion of a cryptocurrency to another cryptocurrency would cost. Users can also calculate the price of converting cryptocurrency to fiat or vice versa.
The platform has a blog page that provides users with vital information that they can use during trading such as how to avoid fraudulent ICO investments, how to secure their investments, and a beginners guide to ICOs. The platform will also offer users with a listing of various ICOs that they could invest in. furthermore, the cryptocurrency news features will avail news to the users regarding crowd sales and cryptocurrency mining.
In the future, the platform is expected to release the CMA tokens that will be used to raise funds for the platform and further develop it. A new update on the User Interface will also be released in efforts to improve the user experiences on the platform.
With the above features, it is undeniable that CoinMarketAlert is crucial tool for traders in the prevention of losses and elimination of the uncertainty that comes with cryptocurrency trading.