What are the steps to set a stop loss on KuCoin for a cryptocurrency trade?

1 answers

• herewebitcoinAug 09, 2024 · a year ago
  Setting a stop loss on KuCoin is a breeze! Just follow these steps: 1. Log in to your KuCoin account. 2. Navigate to the 'Trade' section. 3. Choose the cryptocurrency pair you want to trade. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price and limit price. 6. Specify the amount of cryptocurrency you want to sell. 7. Click on the 'Sell' button. That's it! Your stop loss order will be executed as soon as the market reaches the stop price. Remember, setting a stop loss is an important risk management strategy, so make sure to use it wisely. If you have any more questions, feel free to ask.
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