> For the complete documentation index, see [llms.txt](https://docs.ambersignals.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ambersignals.com/tutorials/bitcoin-balance-monitoring.md).

# Bitcoin Balance Monitoring

## Introduction

Monitoring a Bitcoin wallet address is crucial for ensuring the security and effective management of cryptocurrency assets. 

It helps detect unauthorized transactions, track incoming and outgoing payments, and stay informed about any suspicious activity. By keeping an eye on wallet activity, users can respond quickly to potential breaches, ensuring their funds remain secure. 

Additionally, monitoring enables better financial planning and compliance with regulations, particularly for businesses dealing with large or frequent transactions.

## Monitor Bitcoin Balance

1. Log into your account on [ambersignals.com/dashboard](https://ambersignals.com/dashboard)
2. Create new service **Bitcoin Balance**
3. Add a description. E.g.: **Ledger**
4. Add your **Bitcoin address**
5. Select a **notification channel** of your choice

Now you will receive notification of any balance changes.


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