What are the steps to set up a stop loss on Kucoin for trading cryptocurrencies?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! Setting up a stop loss order on Kucoin is quite simple. First, log in to your Kucoin account and navigate to the trading page. Then, select the cryptocurrency you want to trade and click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want your stop loss order to be triggered. Next, enter the limit price, which is the price at which you want your stop loss order to be executed. Finally, enter the quantity of the cryptocurrency you want to trade and click on the 'Sell' button to place your stop loss order. It's important to note that stop loss orders are executed when the market price reaches or goes below the stop price you set.
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• Dec 18, 2021 · 3 years ago
  Setting up a stop loss order on Kucoin is a breeze! After logging in to your Kucoin account, head over to the trading page and select the cryptocurrency you wish to trade. Look for the 'Stop-Limit' tab and click on it. Now, enter the stop price, which is the price at which you want your stop loss order to be triggered. Then, specify the limit price, which is the price at which you want your stop loss order to be executed. Lastly, enter the quantity of the cryptocurrency you want to trade and hit the 'Sell' button. Keep in mind that stop loss orders are designed to help you limit potential losses by automatically selling your cryptocurrency when the market price reaches or falls below the stop price you set.
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• Dec 18, 2021 · 3 years ago
  To set up a stop loss order on Kucoin, follow these steps: 1. Log in to your Kucoin account and go to the trading page. 2. Choose the cryptocurrency you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your stop loss order to be triggered. 5. Enter the limit price, which is the price at which you want your stop loss order to be executed. 6. Enter the quantity of the cryptocurrency you want to trade. 7. Click on the 'Sell' button to place your stop loss order. Remember, stop loss orders are executed when the market price reaches or goes below the stop price you set. If you have any further questions, feel free to ask!
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