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What are the steps to set a stop loss order on KuCoin?

avatarTharanee BenlotDec 27, 2021 · 3 years ago1 answers

Can you please provide me with a detailed explanation of the steps required to set a stop loss order on KuCoin? I am new to trading and would like to understand the process better.

What are the steps to set a stop loss order on KuCoin?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    To set a stop loss order on KuCoin, follow these steps. Firstly, log in to your KuCoin account and navigate to the trading page. Choose the cryptocurrency pair you want to trade. Locate the 'Stop-Limit' option and click on it. Enter the stop price, which will activate your order. Set the limit price, which will determine the execution price. Enter the quantity of the cryptocurrency you wish to trade and click on the 'Sell' or 'Buy' button to complete the process. Your stop loss order will now be set on KuCoin.