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12 Articles
1.1
To start trading on Nado, you create an account with your email, receive an embedded wallet automatically, and then fund it by depositing crypto or buying with cash.
1.2
To buy or sell an asset on Nado, you choose a spot market, pick an order type (market or limit), enter the amount, and confirm the trade.
2.1
Spot trading means buying or selling an asset directly, at its current market price, so that you own the asset itself.
2.2
Spot margin lets you use the assets in your account as collateral to borrow additional funds and place a larger trade than your own balance would allow.
3.1
Perpetual trading means trading the price movement of an asset — like Bitcoin, Ethereum, or a tokenized stock — without owning the asset itself, using a contract that never expires.
3.2
Leverage lets you open a position larger than your account balance, and liquidation is what happens when the market moves too far against a leveraged position for your account to support it.
3.3
To place your first perpetual trade on Nado, you choose a market, select your margin mode and leverage, decide long or short, and place a market or limit order.
3.4
Take-Profit and Stop-Loss (TP/SL) are automatic orders that close your position when it reaches a profit target or a maximum loss you set.
3.5
The funding rate is a periodic payment exchanged between long and short traders that keeps a perpetual contract's price close to the underlying market price.
4.1
Portfolio Margin means your eligible balances and positions work together in one account, so you don't need to move funds between separate spot and perpetual wallets to place different types of trades.
4.2
The Nado Liquidity Provider Vault (NLP) lets you deposit USDT0 into a shared vault that supports liquidity and liquidations across Nado's perpetual markets, in return for a share of the vault's performance.
4.3
xStocks are tokenized representations of publicly traded stocks and ETFs that you can trade onchain, alongside crypto, from the same Nado account.