How can I use KuCoin to set a stop limit for my cryptocurrency trades?
Lorena MoraJan 20, 2022 · 3 years ago1 answers
I'm new to KuCoin and I want to know how to set a stop limit for my cryptocurrency trades. Can someone guide me through the process step by step?
1 answers
- Jan 20, 2022 · 3 years agoAlright, here's how you can set a stop limit on KuCoin: 1. Log in to your KuCoin account. 2. Head over to the 'Trade' section and choose the cryptocurrency pair you wish to trade. 3. Switch to the 'Stop-Limit' tab. 4. Input the stop price and the limit price. The stop price is the trigger price for your stop order, while the limit price is the price at which your limit order will be executed. 5. Specify the amount of cryptocurrency you want to trade. 6. Click on the 'Buy' or 'Sell' button to place your stop limit order. That's it! Your order will be activated when the market price hits your stop price and the limit price is reached.
Related Tags
Hot Questions
- 98
Are there any special tax rules for crypto investors?
- 96
How can I protect my digital assets from hackers?
- 79
How can I buy Bitcoin with a credit card?
- 53
What are the best practices for reporting cryptocurrency on my taxes?
- 45
What are the advantages of using cryptocurrency for online transactions?
- 31
How does cryptocurrency affect my tax return?
- 13
How can I minimize my tax liability when dealing with cryptocurrencies?
- 11
What is the future of blockchain technology?