How can I set a stop loss order on KuCoin for my cryptocurrency trades?

1 answers

• IlyosbekAug 29, 2024 · a year ago
  Setting a stop loss order on KuCoin is super important for managing your risk. Here's how you can do it: 1. Log in to your KuCoin account and head to the trading page. 2. Find the cryptocurrency pair you want to trade. 3. Switch to the 'Stop-Limit' tab. 4. Input the stop price, which is the price that will trigger the order. 5. Set the limit price, which is the price at which the order will be executed. 6. Specify the amount of cryptocurrency you want to trade. 7. Take a final look at the order details and click on 'Sell' or 'Buy' to place the stop loss order. That's it! Your stop loss order is now set and will activate when the market reaches the stop price.
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