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How can I set a stop limit order on GDAX for a specific cryptocurrency?

avatarRusso FranksDec 16, 2021 · 3 years ago3 answers

I want to know the steps to set a stop limit order on GDAX for a specific cryptocurrency. Can you guide me through the process?

How can I set a stop limit order on GDAX for a specific cryptocurrency?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! To set a stop limit order on GDAX for a specific cryptocurrency, follow these steps: 1. Log in to your GDAX account. 2. Navigate to the trading page. 3. Select the cryptocurrency you want to trade. 4. Choose the 'Stop Limit' order type. 5. Enter the stop price and the limit price. 6. Specify the quantity of the cryptocurrency you want to buy or sell. 7. Review the order details and click on 'Place Order' to submit your stop limit order. Keep in mind that a stop limit order will only be executed if the market price reaches or exceeds your specified stop price. If the market price doesn't reach your stop price, the order will not be executed. Hope this helps! If you have any further questions, feel free to ask.
  • avatarDec 16, 2021 · 3 years ago
    Setting a stop limit order on GDAX for a specific cryptocurrency is easy! Just follow these steps: 1. Log in to your GDAX account. 2. Go to the trading page. 3. Choose the cryptocurrency you want to trade. 4. Select the 'Stop Limit' order type. 5. Enter the stop price and the limit price. 6. Specify the quantity of the cryptocurrency you want to buy or sell. 7. Review the order details and click on 'Place Order' to submit your stop limit order. Remember, a stop limit order allows you to set a specific price at which you want to buy or sell a cryptocurrency. Once the market price reaches or exceeds your stop price, the order will be executed at the limit price or better. If you need any further assistance, don't hesitate to ask!
  • avatarDec 16, 2021 · 3 years ago
    Hey there! Setting a stop limit order on GDAX for a specific cryptocurrency is a breeze. Just follow these steps: 1. Log in to your GDAX account. 2. Head over to the trading page. 3. Choose the cryptocurrency you want to trade. 4. Opt for the 'Stop Limit' order type. 5. Punch in the stop price and the limit price. 6. Specify the quantity of the cryptocurrency you want to buy or sell. 7. Take a quick look at the order details and hit the 'Place Order' button to submit your stop limit order. Keep in mind that a stop limit order will only be executed if the market price reaches or exceeds your specified stop price. If the market price doesn't reach your stop price, the order won't go through. Hope this helps! If you have any more questions, feel free to ask.