1. What is Nado? How is it different from typical DEXs?

Nado is a Central Limit Order Book DEX (CLOB DEX) built on Ink L2. Instead of relying on AMM liquidity pools, it uses a buy/sell order book matching mechanism similar to centralized exchanges.

Core Features:

• Supports Spot and Perpetual Futures trading.
• Implements a CLOB (Central Limit Order Book).
• Offers Market, Limit, Stop-Loss, Take-Profit, and TWAP orders.
• Uses Unified Margin for risk calculation.
• Employs Maker/Taker fee structure.
• Assets managed via on-chain smart contracts.
• Supports MetaMask, Rabby, WalletConnect, and more.
• Earn Points through trading, liquidity, and referrals.

2. Is a Referral Code required for Nado in Aug 2026?

Nado has removed the mandatory invitation requirement for account creation; you can log in without a code. However, "not mandatory" doesnt mean its useless.

Users without a referral relationship can enter via:
https://app.nado.xyz/?referralCode=qp0fptC

Steps: Open Link → Connect Wallet/Login → Referrals → Enter Referral Code → Input qp0fptC → Confirm.

3. How to Create a Nado Account?

Option A: Email or Social Login

Use the invitation link to sign up via Email, Google, or X. The system creates an embedded wallet, ideal for beginners without external wallets.

Option B: Connect Existing Web3 Wallet

For users with on-chain assets:

• MetaMask, Rabby Wallet, OKX Wallet
• Trust Wallet, Rainbow Wallet, Ledger Live
• Any WalletConnect-compatible wallet

4. How to Connect Your Wallet to Nado?

Start at the exclusive link: https://app.nado.xyz/?referralCode=qp0fptC

Ensure the domain is "app.nado.xyz". Avoid phishing links from DMs or ads.

1. Click "Connect Wallet" (top right).
2. Choose Email login or "Continue with a wallet".
3. Select MetaMask, Rabby, or WalletConnect.
4. Confirm connection and address in your wallet.
5. Click "Connect".
6. Sign the login message (no Gas needed).
7. Verify your address appears top-right.
8. Go to "Referrals" and confirm/bind qp0fptC.

5. How to Add Ink Network to Your Wallet?

Nado runs on Ink L2. Wallets may prompt to add Ink automatically; if not, add manually:

6. Should I Deposit USDC or USDT0 to Nado?

Nado primarily uses USDT0 for quoting and fee settlement. However, the deposit page may support:

• USDT0, USDC, USDT
• wETH, wBTC, kBTC
• Other assets listed on the deposit page

7. How to Deposit from a Centralized Exchange (CEX)?

After account setup and binding qp0fptC:

Nado Home → Asset/Portfolio → Deposit → Use Crypto → Select Asset → Transfer Crypto → Select Token & Network → Copy Address

1. Open your CEX (e.g., Binance, OKX).
2. Navigate to "Withdraw".
3. Select the exact same Token shown on Nado.
4. Paste the Nado deposit address.
5. Select the exact same Network as Nado.
6. Check minimum deposit and estimated arrival.
7. Send a small test amount first.
8. Wait for confirmation, then send the rest.
9. Check your Portfolio balance on Nado.

8. How to Deposit from a Web3 Wallet?

Method A: Direct Deposit via Nado

Go to "Portfolio → Deposit → Use Crypto", select Asset/Network, copy the address, and send from your wallet on the same network.

Method B: Bridge to Ink First

If holding USDT0 on Ink: Switch wallet to Ink → Connect to Nado → "Portfolio → Deposit" → Select USDT0 → Enter Amount → Approve (first time) → Confirm Deposit → Wait for on-chain confirmation.

9. How to Confirm qp0fptC is Bound?

After logging in via the link, visit the "Referrals" page.

Check for:

• Code displayed as qp0fptC.
• Indicators like "Fee Rebate" or "Kickback".
• The actual rebate percentage.
• Eligibility status for your region.

10. How to Place Your First Spot Trade?

Beginners should start with small spot trades before touching leverage.

1. Ensure USDT0 or supported collateral is in your account.
2. Go to "Trade / Spot".
3. Select a pair (e.g., wETH/USDT0).
4. Choose Market or Limit order.
5. Select Buy or Sell.
6. Enter amount or USDT0 value.
7. Review price, fees, spread, and slippage.
8. Confirm the order.
9. You may need to sign an approval or enable 1-Click Trading.
10. Check "Open Orders" or "Order History" for execution details.

11. How to Place Your First Perpetual Futures Trade?

Perpetuals involve leverage, funding rates, liquidation risks, and margin management.

1. Go to "Trade / Perpetuals".
2. Select a market (e.g., BTC-PERP).
3. Choose Cross or Isolated Margin mode.
4. Set Leverage.
5. Select Market or Limit order.
6. Choose Long (Buy) or Short (Sell).
7. Enter Size.
8. Review Price, Fees, and Margin Usage.
9. Set Take-Profit and Stop-Loss.
10. Confirm the trade.
11. Monitor "Positions" for PnL and Liquidation Risk.

12. Understanding Nado Order Types

13. How are Nado Trading Fees Calculated?

Nado uses a Maker/Taker model. Fees are calculated on the nominal order value and deducted in the settlement asset (usually USDT0).

Reference Rates:

• Taker: 3.5 bps (~0.035%)
• Maker: 1 bps (~0.01%)

Examples:

• $1,000 USDT0 Taker Trade: 1,000 × 0.035% = 0.35 USDT0
• $1,000 USDT0 Maker Trade: 1,000 × 0.01% = 0.1 USDT0

14. Why is my Available Margin less than my Deposit?

Available Margin is not just your balance. Its calculated after factoring in:

• Open orders (funds reserved).
• Active perpetual positions.
• Spot margin or loans.
• Collateral asset price drops.
• Haircuts (discount weights) on volatile assets.
• Paid fees or funding rates.

15. Common Nado Mistakes to Avoid

1. Wrong Link: Always use https://app.nado.xyz/?referralCode=qp0fptC.
2. Phishing Sites: Double-check the domain is "app.nado.xyz".
3. Wrong Network: If Nado says "Base", send via Base. Dont assume similar addresses work across chains.
4. USDT vs USDT0: These are distinct assets depending on the network.
5. No Gas: You need Ink ETH for on-chain actions on Ink.
6. Dust Deposits: Dont send amounts near the minimum; leave room for fees.
7. No Rebate Check: Verify Kickback details in Referrals before trading.
8. Ignoring Unified Margin Risks: One losing position can liquidate others.
9. Misreading Triggered: "Triggered" ≠ "Filled". Check Order History.

16. Frequently Asked Questions (FAQ)

Q1: What is the Nado Referral Code for Aug 2026?
A: It is qp0fptC. Link: https://app.nado.xyz/?referralCode=qp0fptC.

Q2: Is the code mandatory?
A: No, but binding it allows you to earn potential Kickbacks on trading fees.

Q3: Can I add the code after signing up?
A: If no code is bound yet, you might see an "Enter Referral Code" field in the Referrals tab. Once bound, its permanent.

Q4: Can I change my code to qp0fptC later?
A: Generally, no. Referral relationships are immutable once set.

Q5: Is the rebate a fixed percentage?
A: No. It varies based on program rules, activity, trade types, and region. Check your dashboard.

Q6: Which wallets are supported?
A: MetaMask, Rabby, WalletConnect (including OKX, Trust, Rainbow, Ledger).

Q7: Can I use Nado without a Web3 wallet?
A: Yes, via Email, Google, or X login which creates an embedded wallet.

Q8: Do I need ETH on Ink?
A: Yes, if performing direct on-chain actions (approvals, deposits) on the Ink network.

Q9: Is Nado safe for beginners?
A: The interface is user-friendly, but the financial instruments (leverage, liquidations) are high-risk. Start with small Spot trades.

⚠️ Disclaimer: Crypto assets, perpetual futures, lending, and cross-chain operations carry significant risk of loss. This guide is for informational purposes regarding Nados UI and processes only. It is not financial advice. Always verify supported assets, networks, fees, and eligibility on the official Nado website and within your account dashboard before transacting.