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What are the steps to configure a stop loss order on Coinbase Pro?

avatarSnneha MauryaDec 17, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to configure a stop loss order on Coinbase Pro? I want to make sure I understand the process correctly and avoid any potential mistakes.

What are the steps to configure a stop loss order on Coinbase Pro?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to configure a stop loss order on Coinbase Pro: 1. Log in to your Coinbase Pro account. 2. Select the trading pair you want to trade from the available options. 3. Click on the 'Stop' tab. 4. Enter the stop price at which you want your order to trigger. 5. Choose the order type (e.g., market, limit). 6. Specify the amount of cryptocurrency you want to sell or buy. 7. Review the order details and click 'Place Order' to submit your stop loss order. Remember to carefully review all the details before placing the order to avoid any mistakes. Happy trading!