What are the steps to create a stop order on Coinbase?
Muhamad sidik sidikDec 29, 2021 · 3 years ago1 answers
Can you provide a step-by-step guide on how to create a stop order on Coinbase? I'm new to trading and would like to understand the process.
1 answers
- Dec 29, 2021 · 3 years agoAlright, let me walk you through the steps to create a stop order on Coinbase: 1. Log in to your Coinbase account. 2. Head over to the trading section. 3. Select the cryptocurrency pair you wish to trade. 4. Click on the 'Stop' tab. 5. Input the stop price you want to trigger your order. 6. Determine the amount of cryptocurrency you want to buy or sell. 7. Choose between a market or limit order. 8. Review your order details for accuracy. 9. To finalize, click on the 'Place Order' button. That's it! Your stop order will be placed on Coinbase and will activate when the market price reaches your specified stop price.
Related Tags
Hot Questions
- 98
What is the future of blockchain technology?
- 93
What are the tax implications of using cryptocurrency?
- 88
What are the best digital currencies to invest in right now?
- 87
Are there any special tax rules for crypto investors?
- 57
How does cryptocurrency affect my tax return?
- 54
How can I minimize my tax liability when dealing with cryptocurrencies?
- 33
How can I buy Bitcoin with a credit card?
- 32
What are the best practices for reporting cryptocurrency on my taxes?