Step 1:

Log in to www.kucoin.com, and click on the ‘Trade’ tab, then click ‘Spot’.

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Step 2:

You will be redirected to the trading market. Depending on which tab you click on, you will see different markets. The options are Stable Coin (USDⓈ), Bitcoin (BTC), KuCoin Token (KCS), ALTS (Includes Ethereum (ETH), and Tron (TRX)), and several hot markets. Not all tokens are paired into every market, and the prices may vary depending on the market you are looking at.

If you would like to use BTC to buy KCS, please select the BTC market and use the search box to find KCS. Click on it to enter the KCS/BTC trade pair interface.

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Step 3:

Before trading, you are required to enter your trading password for security. Once you enter it, you will not need to enter it again for the next 2 hours. It is highlighted in the red box below.

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Step 4: 

Choose the order type and enter your order details. KuCoin offers four order types. The description and operation of these order types are detailed as follows:

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1 Limit Order: A “Limit Order” is an order placed to buy or sell a specified quantity of assets at a specified limit price or better. This involves setting the ideal commission price and quantity. 

For example, if the current market price for KCS is 0.96289 USDT and you plan to buy 100 KCS when the price drops to 0.95 USDT, you can place the order as a Limit Order.

Operation Steps: Select “Limit Order” on the trade portal/interface, enter 0.95 USDT in the ‘Price box, and enter 100 KCS in the ‘Amount’ box for the quantity. Click “Buy KCS” to place the order. The order will be filled no higher than 0.95 USDT with a limit order in this case, so if you're sensitive to the filled price, choose this type!

What price should you input in the limit order? On the right side of the trade page, you'll see the order book. In the middle of the order book, it is the market price (the last price of this trading pair). You can refer to that price to set your own limit price.

trade6.png2. Market Order: A “Market Order” is an order placed to buy or sell a specified quantity/amount of assets at the best available price in the current market. In this case, the commission price is not set. Only the order quantity or amount is set, and the purchase is made by the set quantity or amount after the purchase.

For example, if the current market price for KCS is 0.96263 USDT and you plan to buy KCS worth 1,000 USDT without setting the prices. You can place the order as a market order. Market orders will be completed immediately, which is the best way to buy or sell quickly. So if you're not very sensitive with the filled price and want to trade quickly, choose this type!

Operation Steps: Select “Market Order” on the trade portal/interface and enter 1,000 USDT in the ‘Amountbox. Click “Buy KCS” to place the order.

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Tip: As the market order would usually be executed immediately, you cannot cancel the order once the order has been placed. You may check the trading details in “Order History” and “Trade History”. For sell orders, it will be filled by the best available orders that will show in the buy order book until the funds you want to sell ran out. For buy orders, it will be filled by the best available orders that will show in the sell order book until the funds you used to buy tokens ran out.

3. Stop Limit Order: A "Stop-Limit Order” is an order placed to buy or sell a preset quantity of assets at a preset limit price when the latest price reaches the preset trigger price. This includes setting the ideal commission price and quantity, as well as the trigger price.

For example, if the current market price of KCS is 0.9629 USDT, and you assume the support price will reach 1.0666 USDT and would not continue to increase when it breaks through the support price. Then you could sell it when the price reaches 1.065 USDT. However, as you are likely not able to follow the market 24/7, you could place a stop-limit order to prevent gaining more losses.

Operation Steps: Select “Stop Limit" Order, enter 1.0666 USDT in the ‘Stop Price box, 1.065 USDT in the ‘Price box, and 100 KCS in the ‘Amount box. Click “Sell” to place the order. When the latest price reaches 1.0666 USDT, this order will be triggered, and the 100 KCS order will be placed at a price of 1.065 USDT.

trade8.png4. Stop Market Order: A “Market Stop-Loss Order" is an order placed to buy or sell a preset quantity/amount of assets at the current market price when the latest price reaches the preset trigger price. For this type, the commission price is not set, only the trigger price and the order quantity or amount are set. 

For example, if the current market price of KCS is 0.96285 USDT, and you assume the support price will reach 1.0666 USDT and would not continue to increase when it breaks through the support price. Then you could sell it when the price reaches to support price. However, as you are likely not able to follow the market 24/7, you could place a stop market order to prevent gaining more losses.

Operation Steps: Select “Stop Market" Order, enter 1.0666 USDT in the ‘Stop Price box, and 100 KCS in the ‘Amount box. Click “Sell KCS” to place the order. When the latest price reaches 1.0666 USDT, this order will be triggered, and the 100 KCS order will be placed at the best market price.

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Kind Reminder:

Market order price is matched by the fittest price in the current trading market. Considering the price fluctuation, the filled price to a market order will be matched in higher or lower than the current price. Please check the price and amount through on-floor orders before you place a market order.

Stop order has been upgraded from 15:00:00 to 15:40:00 on October 28, 2020 (UTC+8), in order to improve the utilization of users’ funds and provide better trading experiences. When placing a Stop Loss Order, the new system will not pre-freeze the assets in your account for the order until it has been triggered. After the Stop Orders are activated, the order rules are the same as those for Limit Orders or Market Orders. Orders might be canceled if there are insufficient funds. We suggest you do not ignore these risks in case the stop order can't be filled because of this.

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