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Author: Admin | 2025-04-28
Entry price is achieved, any profit-targets are hit and if the stop-loss is triggered. This is a great way of staying informed about any trades without manually having to go on to the exchange to check.Before we move on, as you can see in the example signals above, crypto signals are also cryptocurrency exchange specific. That is, the provider recommends trades of a specific cryptocurrency on a specific exchange platform. So in order follow a trade signal, you need to have an account with that exchange. The major exchanges that most signal providers will provide signals for include: Binance, BitMex, Bittrex and Coinbase. However, if you’re new, we recommend creating trading accounts for Binance and BitMex and following signals for those exchanges only.Receiving Crypto SignalsNow that you know what crypto signals are, let's talk more about how you get those signals, and how to make sure that you follow the crypto signals as effectively as possible.There are a few ways to receive signals from providers, but by far the most popular method of getting them is on Telegram. Telegram is an instant messaging service app that has the look and feel of WhatsApp. However, Telegram has certain unique features that sets it apart, the most important being its bot functionality.Telegram bots can be programmed and designed to handle messages automatically. Users typically interact with these bots by issuing command messages in group environments. These bots can be used to issue crypto calls that allows users to place a trade automatically without having to get on to a cryptocurrency exchange. As long as the correct permissions have been setup, you can place all your trades automatically with the click of a button through Telegram.Another method of receiving crypto signals is through email. Often people who are interested in generating returns by subscribing to a signal group may not have Telegram, and so, some providers do opt to send signals through email. The big disadvantage of this however, is that unless you’re checking your emails every so often, you may miss a signal. This is in contrast to instantly getting notified as soon as a signal comes in from your provider. It certainly isn’t the most popular method of receiving crypto signals, but it does work for some people.Crypto Signals ProvidersNow that you have a better idea of what crypto signals are and the various ways you can receive them, let's talk
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