How to make your first trade on NESTFi?

NESTProtocol
3 min readMay 31, 2023

NESTFi is the leading cryptocurrency perpetual decentralized exchange. Trade BTC/USDT, ETH/USDT, and BNB/USDT futures securely, swiftly, and effortlessly. Here is a beginner’s guide on how to make your first trade on NESTFi.

🔗 NESTFi : https://finance.nestprotocol.org/#/home

  1. Firstly, you need some BNB for the gas fee because NEST Protocol is based on Binance Smart Chain.
  2. Click Import Tokens to add the NEST token.

3. Paste the NEST token contract address here and click Import.

NEST Token address: 0x98f8669F6481EbB341B522fCD3663f79A3d1A6A7

4. Then, you can see the NEST token here.

5. Click Browser to open the Metamask browser.

6. Paste the NESTFi official website URL here.

NESTFi: https://finance.nestprotocol.org/#/futures

7. Click Connect Wallet.

8. Select the trading pair you want.

9. Select the direction of your future trading: Long or Short.

10. You can open a position with NEST or USDT.

11. Type the NEST amount here and select the leverage.

12. You can also set the Stop-Limit price here.

13. Click Approve

You need to approve first and then open a position. Once you have approved it, there is no need to approve it again.

14. Click Approve

15. Click Open Long

16. Click Confirm

17. You can check your position here.

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NESTProtocol

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