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How can I set up a stop loss order on Coinbase?

avatarLyraIncDec 15, 2021 · 3 years ago3 answers

I want to set up a stop loss order on Coinbase, but I'm not sure how to do it. Can someone guide me through the process step by step?

How can I set up a stop loss order on Coinbase?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure, I can help you with that! To set up a stop loss order on Coinbase, follow these steps: 1. Log in to your Coinbase account. 2. Go to the trading page and select the cryptocurrency you want to trade. 3. Click on the 'Stop' tab. 4. Enter the stop price, which is the price at which you want your order to be triggered. 5. Set the amount of cryptocurrency you want to sell or buy when the stop price is reached. 6. Review the order details and click 'Place Order' to confirm. 7. Your stop loss order is now set up on Coinbase! If you have any further questions, feel free to ask!
  • avatarDec 15, 2021 · 3 years ago
    No worries, I've got you covered! Here's a step-by-step guide to setting up a stop loss order on Coinbase: 1. Log in to your Coinbase account. 2. Navigate to the trading page and select the cryptocurrency you want to trade. 3. Click on the 'Stop' tab. 4. Enter the stop price, which is the price at which you want your order to be triggered. 5. Specify the amount of cryptocurrency you want to sell or buy when the stop price is reached. 6. Double-check the order details and click 'Place Order' to confirm. 7. Voila! Your stop loss order is now set up on Coinbase. If you need any further assistance, don't hesitate to ask!
  • avatarDec 15, 2021 · 3 years ago
    Certainly! Here's a simple guide to setting up a stop loss order on Coinbase: 1. Log in to your Coinbase account. 2. Visit the trading page and select the cryptocurrency you wish to trade. 3. Switch to the 'Stop' tab. 4. Input the stop price, which will trigger your order. 5. Specify the amount of cryptocurrency you want to sell or buy when the stop price is reached. 6. Review the order details and click 'Place Order' to confirm. 7. Congratulations! Your stop loss order is now set up on Coinbase. If you have any more questions, feel free to ask!