Is it possible to set up a stop-loss order for Ethereum on Coinbase?

3 answers

• Farhah NadhilahMar 12, 2021 · 5 years ago
  Yes, it is possible to set up a stop-loss order for Ethereum on Coinbase. To do so, you need to log in to your Coinbase account and navigate to the trading section. From there, you can select the Ethereum trading pair you want to set the stop-loss order for. Once you have selected the pair, you can set the stop price and the amount of Ethereum you want to sell if the price reaches that stop price. Make sure to review and confirm your order before submitting it. Keep in mind that stop-loss orders are executed as market orders, so the actual execution price may differ from the stop price.
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• Lucy Ciara Herud-ThomassenJan 22, 2025 · 10 months ago
  Definitely! You can easily set up a stop-loss order for Ethereum on Coinbase. Just log in to your Coinbase account, go to the trading section, select the Ethereum trading pair, and set the stop price and the amount of Ethereum you want to sell if the price reaches that stop price. It's a great way to protect your investment and limit potential losses in case the market takes a downturn. Don't forget to review and confirm your order before placing it!
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• Dotun DeleSalawuAug 28, 2022 · 3 years ago
  Yes, you can set up a stop-loss order for Ethereum on Coinbase. Coinbase is a reliable and user-friendly platform that offers various trading features, including stop-loss orders. By setting a stop-loss order, you can automatically sell your Ethereum if the price drops to a certain level, helping you to minimize potential losses. It's a useful tool for risk management and can provide peace of mind for traders. However, if you're looking for alternative platforms to set up a stop-loss order for Ethereum, you may consider checking out other reputable exchanges like Binance or Kraken.
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