How can I set up a trailing stop loss order on Coinbase?

3 answers

• Mar 01, 2022 · 3 years ago
  Sure! Setting up a trailing stop loss order on Coinbase is quite simple. Here's how you can do it: 1. Log in to your Coinbase account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to trade. 3. Click on the 'Advanced' order type. 4. Choose 'Trailing Stop' from the order type dropdown menu. 5. Enter the amount of the cryptocurrency you want to sell and set the trailing stop percentage. 6. Review the order details and click on 'Place Order' to confirm. That's it! Your trailing stop loss order will be placed on Coinbase and will automatically adjust as the price of the cryptocurrency moves in your favor. Please note that trailing stop loss orders are only available for certain cryptocurrency pairs on Coinbase.
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• Mar 01, 2022 · 3 years ago
  No problem! To set up a trailing stop loss order on Coinbase, follow these steps: 1. Open your Coinbase account and navigate to the 'Trade' section. 2. Select the cryptocurrency pair you want to trade. 3. Choose the 'Advanced' order type. 4. From the order type dropdown menu, select 'Trailing Stop'. 5. Specify the amount of cryptocurrency you want to sell and set the trailing stop percentage. 6. Double-check the order details and click 'Place Order' to confirm. That's it! Your trailing stop loss order will be executed on Coinbase and will automatically adjust as the market price fluctuates. Keep in mind that trailing stop loss orders may not be available for all cryptocurrency pairs on Coinbase.
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• Mar 01, 2022 · 3 years ago
  Certainly! Here's a step-by-step guide to setting up a trailing stop loss order on Coinbase: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' tab and select the cryptocurrency pair you wish to trade. 3. Choose the 'Advanced' order type. 4. Select 'Trailing Stop' from the order type dropdown menu. 5. Enter the amount of cryptocurrency you want to sell and set the trailing stop percentage. 6. Review the order details and click 'Place Order' to confirm. That's it! Your trailing stop loss order will be placed on Coinbase and will automatically adjust as the market price changes. Please note that trailing stop loss orders may not be available for all cryptocurrency pairs on Coinbase. If you have any further questions, feel free to ask!
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