Cryptocurrency Q&A
Can you set stop orders on Coinbase?
Can you set stop orders on Coinbase?
Federico
Sat Nov 30 2024
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6 answers
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I'm wondering if it's possible to place stop orders on the Coinbase platform. I want to know if this feature is available for trading cryptocurrencies on Coinbase.
6 answers
BitcoinBaronGuard
Mon Dec 02 2024
A stop-limit order is a trading tool that grants traders the ability to set a conditional limit order.
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CryptoChieftain
Mon Dec 02 2024
This order type becomes active only when the asset's price reaches a predefined level, known as the stop price.
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charlotte_wright_coder
Mon Dec 02 2024
Once the stop price is triggered, the limit order is placed into the market.
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CryptoQueen
Mon Dec 02 2024
Traders can utilize this order as a stop entry, meaning they can initiate a new position at a specified price level.
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TaegeukChampion
Sun Dec 01 2024
Conversely, it can also be used as a stop exit, allowing traders to sell their current holdings or cover a short position at a set price.
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