What are the steps to enable a stop loss feature on KuCoin?
Julian HDec 16, 2021 · 3 years ago1 answers
Can you guide me through the process of enabling the stop loss feature on KuCoin? I want to make sure I understand the steps correctly and can use this feature effectively.
1 answers
- Dec 16, 2021 · 3 years agoCertainly! Here's a step-by-step guide to enable the stop loss feature on KuCoin: 1. Log in to your KuCoin account. 2. Proceed to the 'Trading' section and choose the trading pair you want to set a stop loss for. 3. Access the 'Stop-Limit' tab. 4. Input the stop price and the limit price. 5. Determine the amount of the cryptocurrency you wish to sell. 6. Select whether you want to place a 'Market' or 'Limit' order after the stop price is triggered. 7. Review the details and click on the 'Sell' button to activate the stop loss feature. That's it! You have successfully enabled the stop loss feature on KuCoin. Remember to monitor your trades and adjust the stop loss settings accordingly.
Related Tags
Hot Questions
- 90
What is the future of blockchain technology?
- 84
What are the tax implications of using cryptocurrency?
- 61
Are there any special tax rules for crypto investors?
- 42
What are the best practices for reporting cryptocurrency on my taxes?
- 41
How does cryptocurrency affect my tax return?
- 35
How can I protect my digital assets from hackers?
- 33
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
What are the advantages of using cryptocurrency for online transactions?