Stop Market Orders vs. Stop Limit Orders: A Guide for Crypto Traders
KuCoin provides traders with a wide range of powerful tools, features, and order types that let you set up automatic orders when specific events occur, minimize risk, and create powerful trading strategies. Some of the most important and widely-used types of orders you can place on KuCoin are stop orders — specifically, stop market orders and stop limit orders.
In this video, we’ll look at stop market orders and stop limit orders, examine how to place them effectively and compare the differences between them. By learning how each order type works and when to use them, you can make more informed trading decisions and manage your trading strategies more efficiently.
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About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 20 million users in 207 countries and regions.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.
Disclaimer:
The content mentioned in this video is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.
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