common-close-0
BYDFi
Trade wherever you are!

Can you explain how to close a short trade on KuCoin?

avatarUDAY KUMARDec 20, 2021 · 3 years ago3 answers

I'm new to trading on KuCoin and I'm not sure how to close a short trade. Can you explain the process step by step?

Can you explain how to close a short trade on KuCoin?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Sure! To close a short trade on KuCoin, you need to follow these steps: 1. Log in to your KuCoin account and navigate to the trading page. 2. Find the trading pair you used for the short trade and locate the open short position. 3. Click on the 'Close' button or the 'Buy' button next to the short position. 4. Enter the amount you want to close and review the order details. 5. Confirm the order and wait for the trade to be executed. 6. Once the trade is executed, your short position will be closed and the corresponding assets will be returned to your account. Please note that the specific steps may vary slightly depending on the version of the KuCoin trading platform you are using. Make sure to double-check the details before placing any trades.
  • avatarDec 20, 2021 · 3 years ago
    Closing a short trade on KuCoin is quite simple. Just follow these steps: 1. Login to your KuCoin account and go to the trading page. 2. Look for the trading pair associated with your short trade and locate the open short position. 3. Click on the 'Close' or 'Buy' button next to the short position. 4. Enter the amount you want to close and review the order details. 5. Confirm the order and wait for it to be executed. 6. Once the trade is executed, your short position will be closed and the assets will be returned to your account. Remember to always double-check the details before placing any trades.
  • avatarDec 20, 2021 · 3 years ago
    Closing a short trade on KuCoin is a straightforward process. Here's how you can do it: 1. Log in to your KuCoin account and navigate to the trading page. 2. Find the trading pair associated with your short trade and locate the open short position. 3. Click on the 'Close' or 'Buy' button next to the short position. 4. Enter the amount you want to close and review the order details. 5. Confirm the order and wait for it to be executed. 6. Once the trade is executed, your short position will be closed and the assets will be returned to your account. If you have any further questions or need assistance, feel free to reach out to the KuCoin support team for help.