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What are the steps to take when closing a short position on KuCoin?

avatart.abdullah AbdullahNov 23, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to close a short position on KuCoin? I want to make sure I do it correctly.

What are the steps to take when closing a short position on KuCoin?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    Closing a short position on KuCoin is a straightforward process. Here's what you need to do: 1. Log in to your KuCoin account. 2. Navigate to the trading page and find the trading pair associated with your short position. 3. Look for the 'Close' or 'Buy' button next to your short position. 4. Click on the button to start the closing process. 5. Review the transaction details, including the price and quantity. 6. Confirm the order and wait for it to be executed. 7. Once the order is filled, your short position will be closed and the corresponding assets will be credited to your account. If you have any further questions, feel free to ask!