I want to know how to set a stop-loss order on Coinbase. I'm concerned about potential losses in the cryptocurrency market and would like to automatically sell my assets if they drop below a certain price.
To begin trading on a cryptocurrency exchange via a web browser, users must first select a market pair. This can be a cryptocurrency-to-cryptocurrency pair or a cryptocurrency-to-fiat currency pair.
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GeishaCharmWed Dec 04 2024
Once the market pair is chosen, users are required to decide whether they want to buy or sell the selected cryptocurrency. They can do this by clicking on the respective tab on the trading interface.
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IlariaWed Dec 04 2024
For those looking to place a Stop Limit order, they should click on the Stop Limit button, which is usually located NEAR the Buy or Sell tabs. This order type allows traders to specify both a stop price and a limit price.
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NicolaTue Dec 03 2024
The stop price is the price level that, when reached, triggers the order to be placed into the market. The limit price, on the other hand, is the maximum or minimum price that the trader is willing to buy or sell the cryptocurrency for.
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CaterinaTue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet service. With BTCC, users can easily place Stop Limit orders and manage their cryptocurrency portfolio all in one place.