How To Put a Stop Loss on Gate.io 2024 (Step By Step)

How to put a stop loss on gate.io

So what you guys want to go is go into your wallet and you can go into your

spot account so you can see if you have some funds available to make transactions

and go to the market place. So in this case, what I want to do is to select the token that I want to make the

swap for or the one that I want to use for the specific transaction

So let's go into trade. Right. So for example, let's go into AVAX and just let's go into trade

Right. So you don't have to worry about all these numbers and all these letters

Just let's focus in here where it says spot trading and all that

So once you are in here, it's going to be, you're going to see that your browser

says gate.io, the future trades and the path that you want to be working on

So let's see how the limit and the stop loss works. So after you select the token that you want to make the swap for

So in this case, I want to make the swap for AVAX to USDT

So what I want to do is to focus on the price of the token

So as you can see, this one on red says 33 and 37, 65

So actually this one is running really, really fast. So what I want to do is to focus right in here

So let's say that you are having a few of those tokens, but your money is going

down as in the variable of the coin is going down and down

So what you guys want to do is to select this option that says stop order

So if I go into this option app before I clicked in, it says, you can set, take

profit and stop loss when opening positions, when the opening order fails to

take profit and stop loss, odious would automatically have the same amount and

will be executed as a limit order once triggered. So this means I don't have to be here waiting till the specific token, uh

reaches in a specific amount, just in case that you want, just in case that

you don't want to keep losing your money, just go into the stop loss. And let's say that if my money, which is the price of 33 with 20, I'm

going to select this one, 33, then you can make the sale

So, so just get into sell short and that's how you use the stop loss

So in just in case I use the reduce only, so I can just quit my account

And if this one reaches the 33 with 25 and double zeros, this will automatically

make the sale of this specific token. And I will be not losing my money anymore

So I'm going to be making this swap of the specific value of the USDT

So as you can see, it's actually easy. Tool that we can use in gate.io in order to stop losing money, or you don't have

to be, as I just said, looking for the prices every single time in here and

your computer. But just in case you have any question about the gate.io tools and more than

that, you can go into more and select the option that says help center

They even have a gate block so you can find all information about how to use all

the tokens, just in case you have any question or more questions in this one

So there you have it guys. Let me know you have any question. Don't forget to like, and subscribe to the channel

If you want to see more about gate.io. Thank you for watching the video and I'll see you guys on the next one