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How can I set a stop loss on Coinbase?

avatarDavid YongDec 27, 2021 · 3 years ago3 answers

I want to know how to set a stop loss on Coinbase. Can you provide me with step-by-step instructions on how to do it?

How can I set a stop loss on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Setting a stop loss on Coinbase is a straightforward process. Here's how you can do it: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' or 'Portfolio' section. 3. Find the cryptocurrency you want to set a stop loss for. 4. Click on the 'Sell' button for that cryptocurrency. 5. In the 'Order Type' section, select 'Stop'. 6. Enter the stop price at which you want your order to be triggered. 7. Set the amount of cryptocurrency you want to sell when the stop price is reached. 8. Review your order details and click on the 'Sell' button to confirm. That's it! Your stop loss order will be placed on Coinbase and will be triggered if the price reaches the stop price you set. Keep in mind that stop loss orders are not guaranteed to execute at the exact stop price due to market fluctuations.
  • avatarDec 27, 2021 · 3 years ago
    To set a stop loss on Coinbase, follow these steps: 1. Log in to your Coinbase account. 2. Go to the 'Trade' tab. 3. Select the cryptocurrency you want to set a stop loss for. 4. Click on the 'Sell' button. 5. Choose the 'Stop' order type. 6. Enter the stop price at which you want your order to be triggered. 7. Specify the amount of cryptocurrency you want to sell. 8. Review your order details and click on the 'Sell' button to confirm. That's it! Your stop loss order will be placed on Coinbase and will be executed if the price reaches the stop price you set.
  • avatarDec 27, 2021 · 3 years ago
    Setting a stop loss on Coinbase is quite simple. Just follow these steps: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' section. 3. Select the cryptocurrency you want to set a stop loss for. 4. Click on the 'Sell' button. 5. Choose the 'Stop' order type. 6. Enter the stop price at which you want your order to be triggered. 7. Specify the amount of cryptocurrency you want to sell. 8. Review your order details and click on the 'Sell' button to confirm. That's it! Your stop loss order will be placed on Coinbase and will be executed if the price reaches the stop price you set.