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How can I use KuCoin to set a stop limit for my cryptocurrency trades?

Mariama MohammadMay 08, 2022 · 3 years ago1 answers

I'm new to KuCoin and I want to know how to set a stop limit for my cryptocurrency trades. Can someone guide me through the process step by step?

1 answers

  • May 08, 2022 · 3 years ago
    Alright, here's how you can set a stop limit on KuCoin: 1. Log in to your KuCoin account. 2. Head over to the 'Trade' section and choose the cryptocurrency pair you wish to trade. 3. Switch to the 'Stop-Limit' tab. 4. Input the stop price and the limit price. The stop price is the trigger price for your stop order, while the limit price is the price at which your limit order will be executed. 5. Specify the amount of cryptocurrency you want to trade. 6. Click on the 'Buy' or 'Sell' button to place your stop limit order. That's it! Your order will be activated when the market price hits your stop price and the limit price is reached.