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Can you provide a step-by-step guide on how to effectively use the stop loss function on KuCoin?

avatarpremkumar GDec 17, 2021 · 3 years ago1 answers

I would like to know how to use the stop loss function on KuCoin effectively. Can you provide a detailed step-by-step guide on how to do it?

Can you provide a step-by-step guide on how to effectively use the stop loss function on KuCoin?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure thing! Here's a step-by-step guide on how to effectively use the stop loss function on KuCoin: 1. Log in to your KuCoin account and go to the trading page. 2. Select the cryptocurrency pair you want to trade. 3. Set the stop loss price at which you want to sell your assets. 4. Enter the quantity of the cryptocurrency you want to sell. 5. Review the details and click on the 'Confirm' button to place the stop loss order. Remember to consider the market conditions and set a stop loss price that aligns with your trading strategy. I hope this guide helps! If you have any more questions, feel free to ask.