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How can I set a stop limit order on KuCoin for buying or selling cryptocurrencies?

avatarMUKUNDA REDDY.Dec 14, 2021 · 3 years ago1 answers

Can you provide step-by-step instructions on how to set a stop limit order on KuCoin for buying or selling cryptocurrencies? I want to make sure I understand the process correctly.

How can I set a stop limit order on KuCoin for buying or selling cryptocurrencies?

1 answers

  • avatarDec 14, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to set a stop limit order on KuCoin for buying or selling cryptocurrencies: 1. Log in to your KuCoin account. 2. Navigate to the trading page and select the cryptocurrency pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price and the limit price. The stop price is the price at which your order will be triggered, and the limit price is the minimum price at which you want to buy or sell. 5. Specify the quantity of cryptocurrency you want to buy or sell. 6. Click on the 'Buy' or 'Sell' button to place your stop limit order. That's it! Your stop limit order will be placed on KuCoin and executed when the market reaches your specified stop price. Please note that stop limit orders are subject to market conditions and may not be executed if the market price does not reach your specified stop price.