What Is Futures Trading? A Beginner’s Guide To Crypto Futures on Nami Exchange 

In the fast-paced world of cryptocurrency, futures trading empowers investors to capitalize on price swings—up or down—without owning the assets, amplified by leverage for potentially massive returns. Nami Exchange stands out as a top choice for Vietnamese traders, offering up to 125x leverage, nearly 1,000 trading pairs, VNST integration pegged to VND for easy deposits, and competitive fees that beat many competitors. Whether you're a beginner or pro, this comprehensive guide demystifies crypto futures on Nami, from setup to strategies, while highlighting risks and tips to maximize profits.

1. What is Futures Trading?

Futures trading, also known as futures contracts, involves an agreement to buy or sell an asset at a set price on a set future date. In the cryptocurrency market, futures trading requires the buyer to purchase or the seller to sell the underlying asset by predicting price movements without actually owning the crypto.

Profits or losses come from the price difference between opening and closing a trade. Leverage, a key feature, lets you amplify potential profits by controlling larger positions with a relatively small amount of capital.

For example: 

Suppose you predict Ethereum (ETH) is going to rise. You open a long (buy) position at 2,000 USDT using 10x leverage, which means you only need a 200 USDT margin to control a 2,000 USDT trade.

• If ETH rises to 2,200 USDT in a week, you gain 200 USDT, but with 10x leverage, your actual profit becomes 2,000 USDT (10 times your initial margin).
• However, if ETH drops to 1,800 USDT, you lose 200 USDT, and with 10x leverage, the loss becomes 2,000 USDT. 

2. Futures Trading Fees on Nami Exchange
Every trader knows fees can make or break your bottom line. That’s why trading fees directly impact your net profits. Nami Exchange uses a maker-taker model, which means the fees you pay depend on how you place your orders:

* Maker: Limit orders placed in the order book, waiting to be matched at a specified price.

* Taker: Market orders that execute instantly at the current market price.

Compared to other platforms, Nami Exchange offers highly competitive futures trading fees, helping you optimize transaction costs and maximize net profits.

Pro Tip: 

Save up to 25% on trading fees by signing up for the Long Cashback referral program when creating your Nami account—automatically and in USDT in your account wallet. 

3. Advantages and Disadvantages of Futures Trading on Nami Exchange

Futures trading comes with pros and cons. It’s important to weigh the upsides and potential risks to get started. 

Pros:

• High Leverage Option: Nami offers leverage from 1x to 125x for VNST futures trading, enabling significant profits even with modest capital.
• Extensive Trading Pairs: Nearly 1,000 futures pairs mean you’re never short on choices. Moreover, high trading volume ensures smooth order execution and reliable liquidity.
• VNST Integration: Trade seamlessly with VNST, pegged to the Vietnamese dong (VND), making deposits, withdrawals, and portfolio management easier for Vietnamese users without worrying about exchange rate fluctuations. 
• User-Friendly Interface: Whether you’re using a phone or desktop, Nami’s modern interface is stable and accessible, ideal for both newcomers and seasoned traders.

Cons:

• High Risk With Leverage: Trading with high leverage without setting proper risk controls can result in partial or total liquidation.
• Learning Curve: Futures trading isn’t gambling; it requires technical analysis skills, managing emotions, and developing strategies to avoid impulsive decisions. 

4. Types of Futures Contracts on Nami 

Nami Exchange offers two main types of futures contracts, each designed for different trading needs and user profiles:

• Perpetual Futures: These are the most common types of futures contracts in crypto. Unlike traditional futures, perpetual futures don’t have a set expiration date. Instead, they use periodic funding fees to keep their prices aligned with the real market prices. 
• VNST Futures: Tailored for Vietnamese traders, these contracts use VNST (pegged to VND) to help traders simplify portfolio management and avoid exchange rate volatility. 

5. How to Trade on Nami Exchange: Step-by-Step Guide 
Getting started with futures trading on Nami Exchange is easier than you might think. Just follow these simple steps:

5.1. Create a Nami Futures Account

Start by registering a Nami account:

👉 Sign up for Nami Exchange

Then, click the Wallet icon in the top-right corner and choose “Nami Futures” to activate your futures trading wallet. 

Smart Tip: Register via the Long Cashback referral link or code to enjoy a 25% monthly trading fee refund—automatically credited in USDT. 

5.2. Transfer Funds to Your Futures Wallet
Transfer funds from your “Spot” wallet to your “Nami Futures” wallet. Here’s how:

• Select your preferred currency (NAMI, USDT, or VNST)
• Enter the amount
• Click “Transfer”

The process takes place in seconds. 

5.3. Open a Futures Position

Now it’s time to place your first trade. 

1. Select Trading Pair & Set Leverage: Choose the pair you want to trade (e.g., VNST/USDT) and set leverage from 1x to 125x based on your risk appetite.

2. Choose Order Type

Nami supports 3 basic order types:

• Market Order: Executes immediately at the best available price.
• Limit Order: Sets a pending order to execute at a specific price. Buy Limit triggers at or below the set price; Sell Limit triggers at or above it.
• Stop Market Order: Ideal for breakout trading strategies. Buy Stop Market sets a price above the current market; Sell Stop Market sets a price below it.

3. Enter Trade Volume: Set your position size, and if you want, set Stop Loss (SL) and Take Profit (TP) levels to manage risk.

4. Place Order: Click “Buy” (Long) if you believe the price will go up, or “Sell” (Short) if you expect it to fall.

5.4. Close a Position

To close a trade, adjust how much of the position you want to close, either by value or percentage. If you're holding a Long (Buy) position, close it by opening a Short (Sell) order, and vice versa. You can close the entire position or partially, depending on your strategy.

6. FAQs About Futures Trading on Nami Exchange

6.1. Do I Need KYC for Nami Futures?
Yes, identity verification (KYC) is obligatory to access Nami Futures. It’s a key security step and also required if you want to receive the 25% fee refund through the Long Cashback program. Completing KYC takes just a few minutes and unlocks full account functionality. 

6.2. Can I Deposit VND for Futures Trading?
Absolutely, Nami supports VNST, which is pegged to the Vietnamese dong (VND). This means it allows Vietnamese users to deposit and withdraw in VND via local bank transfers, minimizing conversion hassles and exchange rate risks. 

6.3. How Do I Get 25% Trading Fee Refunds?
It’s easy—simply sign up for Nami via the Long Cashback referral link or code, and start trading as usual. Your 25% rebate is automatically credited to your wallet in USDT between the 1st and 3rd of each month.

6.4. Who Do I Contact for Trading Issues?

Nami offers 24/7 customer support through many channels, such as Telegram, Zalo, and email. Whether it’s a question about your account, deposits, withdrawals, or trade execution, help is always available. 

7. Final Thoughts
Futures trading can be a powerful tool for profiting—whether the market’s going up or down. However, it comes with high risks if used without a solid strategy and proper risk management; even seasoned traders can get burned.

That’s why choosing the right platforms matters. Nami Exchange stands out with its user-friendly platform, VNST integration for Vietnamese traders, nearly 1,000 trading pairs, and competitive fees. That’s a game-changer for Vietnamese traders. And best of all, with a 25% fee refund when you sign up via Long Cashback, your profits can go even further.

Start trading smarter. Activate your cashback today and optimize every trade!