Coinbase has launched a new push notification feature that alerts mobile app users about price and market fluctuations of the cryptocurrencies supported by the exchange.
The feature is added to assist investors and Coinbase clients with real-time market performance updates without the trouble of navigating different websites and apps.
Customers’ requests brought about the initiative
A Coinbase representative told CoinDesk, “Customers asked for real-time price alerts natively in the Coinbase app to address the inconvenience of having to check multiple sources for crypto market information.” The belief is that real-time price alerts on the Coinbase app will streamline access to information. This is expected to help customers make more informed investment decisions.
Reports from Coinbase says that the alerts would be concise. It will only contain information concerning the percentage change of price swings, the time duration of the fluctuation and the current token valuation.
The new feature will be combined with the in-app news and asset page. Users will also be able to opt in or out of the features and choose which assets to track.
In the past, Coinbase has created services like its watchlist, which allows users to customize the way market data is presented. Concerning future plans, Coinbase is expected to expand price alerts to include assets that are not traded on the exchange.
Currently, the San Francisco-based exchange supports 22 digital assets.