How to start trading on gTrade (Gains Network)

1. Create an account

1. gTrade runs on Arbitrum One, Base, Polygon and MegaETH, and there is a separate Solana version at sol.gains.trade. source ↗
2. You keep custody of your funds, and the docs say no signup or deposit is needed to start trading. source ↗
3. Click Connect on gains.trade and choose either an instant wallet (log in with email, a social account or an existing wallet; a self-custodial wallet is created via Privy) or your own browser wallet such as MetaMask or Rabby. source ↗
4. Instant wallets trade on Arbitrum with gas paid by Gains for now, and email or social logins need no confirmation for each action. With your own wallet you pay gas and sign each transaction, unless you set up one-click trading. source ↗

2. Deposit collateral

1. With your own wallet, you trade straight from it: hold the network's gas token (ETH on Arbitrum or Base, POL on Polygon) and a supported collateral in the wallet. source ↗
2. Collateral depends on the chain: USDC, DAI or WETH on Arbitrum and Polygon, USDC or BtcUSD on Base, and USDm on MegaETH. Other stablecoins must first be swapped to a supported collateral. source ↗
3. To get funds onto Arbitrum you can use the official Arbitrum bridge (about 10 minutes) or withdraw ETH from an exchange that supports Arbitrum One, making sure you pick Arbitrum One and not Ethereum. source ↗
4. With an instant wallet, send collateral to your new wallet address or buy crypto in the app. source ↗

3. Open your first position

1. Connect your wallet and, on your first trade with a collateral, click Approve and submit that transaction. Use Add Pair + to pick a market. source ↗
2. Choose Market, Limit or Stop Limit and a direction, then set collateral, leverage, max slippage and optional stop loss and take profit. Click the order button (for example MARKET LONG) and confirm in your wallet. source ↗
3. Collateral times leverage must be above a minimum position size, which varies by market and network and is shown in the interface. The trade executes at a price from Gains' Chainlink oracle network and appears under Your Open Trades after 2 block confirmations. source ↗
4. Practice Mode on Arbitrum Sepolia lets you trade with free testnet DAI first. Select Sepolia - Practice in the network dropdown. source ↗

4. Know how liquidation works

1. Your maximum loss is the collateral of the trade and you cannot go into debt. If a position is liquidated, the full collateral goes to the vault. source ↗
2. A trade is liquidated when its loss reaches a threshold that depends on asset class and leverage, for example about 89% of collateral at 10x and 67% at 100x on crypto. Borrowing fees move the liquidation price closer over time. source ↗
3. Fees are charged on the full position size (collateral times leverage): 0.035% to open and again to close on BTC and ETH, 0.05% on core and 0.06% on non-core crypto. On top of that come spread or price impact and holding fees (funding plus borrowing). source ↗

5. Withdraw

1. With your own wallet there is no exchange balance to withdraw. Close a trade with the X under Your Open Trades and confirm, and the final amount is sent to your wallet. source ↗
2. With an instant wallet, open the account dropdown and click Withdraw to move funds out. source ↗

6. Common mistakes

1. Closing within about 10 seconds of opening or adding to a trade costs more: the closing fee starts at 30x and falls back to normal over the window. Any increase restarts the window for the whole position, and this also applies to stop losses. source ↗
2. Stocks trade only during US market hours, and positions cannot be opened, closed or edited while the market is closed. Stop losses are not guaranteed over a closure because the price can gap, and stock trading is blocked for users in the US and OFAC-sanctioned regions. source ↗
3. Forex is closed at weekends and on some holidays, and gaps can likewise liquidate positions held over a closure. Max leverage is cut and spread raised around major news, before the close and in low-liquidity sessions. source ↗
4. Max slippage cancels a market order if the price moves too far while it waits for the oracle price. source ↗

Before you trade

Perpetual futures use leverage: a small price move against you can liquidate your collateral. Start with a small amount and low leverage, and read the venue’s current fee and margin pages, which can change after this guide was checked.