The invention discloses a terminal and a method for two-way live sharing and intelligent monitoring. Wherein, the terminal includes: a camera, an audio collection unit, a display, a loudspeaker, and a transceiver, wherein the transceiver sends the video and audio collected by the camera and the audio collection unit to a specific address in real time through a dedicated channel, and transmits the video and audio collected by the audio collection unit through a dedicated channel. Receive the video and audio from the specific address in real time and output them through the display and speakers respectively, and identify people or specific people, or specific actions, or abnormal conditions in response to the video and audio collected from the camera and audio acquisition unit respectively , the transceiver sends reminder information to the specific address in real time, wherein the dedicated channel is established in advance, and the terminal is used in a trusted fixed place. Compared with the prior art, the present invention improves the user's real-time communication experience, and is beneficial for the user to more conveniently and safely monitor the on-site situation of a specific place or a specific person.