Can I set multiple stop losses on Coinbase?

3 answers

• FramNov 06, 2024 · 2 years ago
  Yes, you can set multiple stop losses on Coinbase. To do this, you need to create separate stop loss orders for each desired price level. This allows you to have multiple layers of protection for your investments. Just make sure to set the appropriate trigger prices and quantities for each stop loss order.
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• Tuyen ThaiOct 08, 2023 · 3 years ago
  Unfortunately, Coinbase does not currently support the ability to set multiple stop losses. You can only have one stop loss order active at a time. If you want to have multiple layers of protection, you may need to consider using a different trading platform that offers this feature.
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• Cancy KhandelwalAug 12, 2021 · 5 years ago
  Yes, you can set multiple stop losses on Coinbase. However, it's important to note that this feature is only available for advanced users. To access it, you need to enable the 'Advanced Trading' mode in your account settings. Once enabled, you can create multiple stop loss orders and customize them according to your preferences. Keep in mind that setting multiple stop losses can help you manage risk more effectively, but it also requires careful monitoring and adjustment as market conditions change.
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