What’s the difference between my personal wallet and my trading wallet?
Your personal wallet is your general-purpose crypto wallet. We recommend you send crypto purchases here.
Your personal wallet is used for storing and transferring your digital assets, rather like a bank account. It consists of the individual asset accounts we generate on sign-up using your twelve secret words. It is not possible to trade with funds held in your personal wallet. For more information, see here.
Your trading wallet is part of Nash’s Layer-2 network, which enables our high-performance cryptocurrency exchange. National currency purchases and sales made using your trading wallet incur no fees and are available for BTC, ETH, NEO and USDC. However, if you wish to send funds from your trading wallet to an external address, you will have to withdraw to your personal wallet first, which can incur a high network fee.
The trading wallet is for executing trades on the Nash Exchange. These funds are held in a smart contract that is capable of interacting with our matching engine. However, since Nash is non-custodial, only you are able to withdraw funds from the trading wallet and issue trade orders.
If you wish to trade on Nash, you first need to send funds from your personal wallet to the trading wallet. See our user guide here.
Both your personal wallet and trading wallet are non-custodial and protected by multi-party computation.