How to Place a Stop Order on the KuCoin App
On the trading interface, you can place a stop order by selecting “Stop” in the Place Order section and selecting the trigger type of your order. KuCoin Futures now supports three types of trigger prices: a) Mark Price, b) Last Price and c) Index Price.
For example, enter “11,000” as the Stop Price and select “Mark Price”, and enter “10,990” in the Price (USDT) column and “1” in the Quantity column. This setting of the order is to say that if the mark price goes down to 11,000 USD or lower than it, the order will be triggered and entered into the order book. The system will execute 1 lot of the contract at the price of 10,990.
Previous: How to Open Bitcoin Positions on the KuCoin App
Next: How to Control the Risks of Positions on the KuCoin App