With price alerts enabled, you'll receive a push notification on your mobile device (or an email if you’re not logged in to your Luno mobile app) whenever the crypto price reaches a price level of your choice.
For example, you may want to set a price alert so that you get notified when the price reaches above a certain level for you to sell, or an alert to notify you of a drop in price to buy.
You can set the following type of alerts:
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When the price is more than a certain level
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When the price is less than a certain level
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Once-off alerts
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Every time alerts
How to set up price alerts
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Sign in to the Luno app
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On the home screen, select the Bell Icon
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Choose the crypto you want to create an alert for and select CREATE ALERT
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Choose whether you want to be alerted Once-off or Every time the price changes
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Choose whether you want to be alerted when the price is More than or Less than the amount you enter
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Enter the amount you want to be alerted for and select CREATE ALERT
If you create a once-off alert, it will deactivate once the alert has been sent to you.
Creating an every time alert will notify you each time the cryptocurrency price crosses the selected level.
Note
There is a 5-minute cooldown period for “every time” alerts.
Manage your price alerts
Once you’ve set up price alerts, you have full control over managing them.
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On the Price alerts screen, you can toggle any alert on or off
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To change your price alert, select it and press UPDATE ALERT
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To delete a price alert, select it and press DELETE ALERT
That's it! You'll now be alerted to changes in the prices of crypto.
How price alerts work
Let’s use an example: You add an alert to notify you, every time, the price of Bitcoin is more than $50,000.
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Price movement 1 will trigger your alert.
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Price movement 2 will NOT trigger your alert. Add another alert to be notified when the price of one Bitcoin is less than $50,000 to be notified in this case.
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Price movement 3 will trigger your alert. Create a once-off alert if you only wish to be notified once.
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Price movements 4 and 5 will NOT trigger your alert. The price must cross your alert level in the relevant direction to trigger alerts.