How do Coinbase alerts work?

Could you elaborate on how Coinbase alerts operate? As a cryptocurrency investor, I'm always looking for ways to stay updated on market movements and potential security risks. Specifically, I'm curious about the setup process, what types of alerts Coinbase offers, and how effective they are in delivering timely notifications. Additionally, I'd like to know if there are any limitations or additional steps required to ensure that I don't miss any crucial updates. Understanding the intricacies of Coinbase alerts could help me make more informed decisions in my crypto investments.