Is there a specific feature on KuCoin that allows me to set a take profit point for my crypto transactions?

3 answers

• Eason YaoApr 20, 2021 · 4 years ago
  Yes, KuCoin does have a feature called 'Stop-Limit' that allows you to set a take profit point for your crypto transactions. With the Stop-Limit feature, you can set a specific price at which you want to sell your crypto. Once the market price reaches or exceeds your specified price, the system will automatically execute the sell order. This feature helps you secure your profits without constantly monitoring the market.
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• Harsh BharoliyaOct 02, 2020 · 5 years ago
  Definitely! KuCoin offers a 'Stop-Limit' feature that allows you to set a take profit point for your crypto transactions. This feature is especially useful for traders who want to automate their selling strategy and secure their profits. By setting a stop price and a limit price, you can ensure that your crypto is sold when it reaches a certain price, preventing potential losses and maximizing your gains.
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• Jorge PlazaSep 21, 2022 · 3 years ago
  Yes, KuCoin does have a feature called 'Stop-Limit' that allows you to set a take profit point for your crypto transactions. When you place a sell order using the Stop-Limit feature, you can set a stop price and a limit price. The stop price is the price at which the system will trigger the sell order, and the limit price is the minimum price at which you are willing to sell your crypto. Once the market price reaches or exceeds your stop price, the system will automatically execute the sell order at or above your limit price. This feature helps you lock in your profits and take advantage of price movements.
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