✓Hyperliquid is our top-ranked Nado alternative (8.8/10).Lighter is our top-ranked Nado alternative (7.5/10).edgeX is our top-ranked Nado alternative (7.2/10).Derive is our top-ranked Nado alternative (7.1/10).dYdX is our top-ranked Nado alternative (6.9/10).GMX is our top-ranked Nado alternative (6.8/10).Aster is our top-ranked Nado alternative (6.6/10).Extended is our top-ranked Nado alternative (6.6/10).Aevo is our top-ranked Nado alternative (6.3/10).Paradex is our top-ranked Nado alternative (6.2/10).Pacifica is our top-ranked Nado alternative (6/10).BullX is our top-ranked Nado alternative (5.9/10).GRVT is our top-ranked Nado alternative (5.9/10).GMTrade is our top-ranked Nado alternative (4.8/10).Ostium is our top-ranked Nado alternative (4.7/10).Vest Markets is our top-ranked Nado alternative (4.7/10).Helix is our top-ranked Nado alternative (4.3/10).
✓Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Pacifica has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Hyperliquid has the lowest spot taker fee (0.07%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
✓Hyperliquid lets you start trading without full identity verification.Lighter lets you start trading without full identity verification.edgeX lets you start trading without full identity verification.Derive lets you start trading without full identity verification.dYdX lets you start trading without full identity verification.GMX lets you start trading without full identity verification.Aster lets you start trading without full identity verification.Extended lets you start trading without full identity verification.Aevo lets you start trading without full identity verification.Paradex lets you start trading without full identity verification.Pacifica lets you start trading without full identity verification.BullX lets you start trading without full identity verification.GRVT lets you start trading without full identity verification.GMTrade lets you start trading without full identity verification.Ostium lets you start trading without full identity verification.Vest Markets lets you start trading without full identity verification.Helix lets you start trading without full identity verification.None of the alternatives open to you trades without identity verification (KYC).
Nado keeps a narrow spot menu at 9 coins, so a trader who wants a wider range of tokens to buy and hold runs out of choices fast. Everything runs on-chain as a decentralized exchange, which some traders find harder to work with than a hosted account. There is no staking to put idle coins to work, no copy trading to follow other traders, no trading bots to automate a strategy, and no demo mode to practice first. Withdrawals leave only as crypto, so a trader who wants to cash out to a card or a bank has no route for that.
What a replacement for Nado should offer
Futures are the strong side here: Nado covers 75 coins across 75 contracts, so a replacement that leans toward derivatives should offer a comparable spread. Spot trading is available for the 9 coins on offer. Funding the account is flexible: you can deposit with crypto, by card, or through Apple Pay and Google Pay, so check that a replacement takes the same methods. Lending and loans let you put holdings up as collateral or borrow against them, worth matching if that is part of how you trade.
How to move from Nado to another exchange
Funds leave Nado as crypto only, so plan to move everything to a wallet or another venue on the right network. Close any open futures positions first, since margin tied up in a trade cannot be withdrawn while the position is live, and settle any outstanding loans so your collateral is released. Being a decentralized exchange, you hold your own keys, which keeps the exit under your control. Have the destination ready and send a small test transfer before the full amount.
How we pick
Venues from the same exchange class as Nado (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
Questions
Frequently asked
Hyperliquid leads our Nado alternatives comparison, scoring 8.8/10 on live fee, security and feature data.Lighter leads our Nado alternatives comparison, scoring 7.5/10 on live fee, security and feature data.edgeX leads our Nado alternatives comparison, scoring 7.2/10 on live fee, security and feature data.Derive leads our Nado alternatives comparison, scoring 7.1/10 on live fee, security and feature data.dYdX leads our Nado alternatives comparison, scoring 6.9/10 on live fee, security and feature data.GMX leads our Nado alternatives comparison, scoring 6.8/10 on live fee, security and feature data.Aster leads our Nado alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Extended leads our Nado alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Aevo leads our Nado alternatives comparison, scoring 6.3/10 on live fee, security and feature data.Paradex leads our Nado alternatives comparison, scoring 6.2/10 on live fee, security and feature data.Pacifica leads our Nado alternatives comparison, scoring 6/10 on live fee, security and feature data.BullX leads our Nado alternatives comparison, scoring 5.9/10 on live fee, security and feature data.GRVT leads our Nado alternatives comparison, scoring 5.9/10 on live fee, security and feature data.GMTrade leads our Nado alternatives comparison, scoring 4.8/10 on live fee, security and feature data.Ostium leads our Nado alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Vest Markets leads our Nado alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Helix leads our Nado alternatives comparison, scoring 4.3/10 on live fee, security and feature data.
Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Pacifica has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Hyperliquid has the lowest spot taker fee (0.07%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
Yes. Hyperliquid allows trading without completing full KYC verification.Yes. Lighter allows trading without completing full KYC verification.Yes. edgeX allows trading without completing full KYC verification.Yes. Derive allows trading without completing full KYC verification.Yes. dYdX allows trading without completing full KYC verification.Yes. GMX allows trading without completing full KYC verification.Yes. Aster allows trading without completing full KYC verification.Yes. Extended allows trading without completing full KYC verification.Yes. Aevo allows trading without completing full KYC verification.Yes. Paradex allows trading without completing full KYC verification.Yes. Pacifica allows trading without completing full KYC verification.Yes. BullX allows trading without completing full KYC verification.Yes. GRVT allows trading without completing full KYC verification.Yes. GMTrade allows trading without completing full KYC verification.Yes. Ostium allows trading without completing full KYC verification.Yes. Vest Markets allows trading without completing full KYC verification.Yes. Helix allows trading without completing full KYC verification.No. None of the alternatives open to you trades without identity verification.
Venues from the same exchange class as Nado (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
