# Nami Exchange > Intuitive, reliable spot & futures trading Nami Exchange is a centralized cryptocurrency exchange for spot and perpetual futures trading. It lets users swap assets, copy the futures positions of other traders, and use lending and earn products. Nami Exchange is a centralized cryptocurrency exchange for spot and perpetual futures trading. It lets users trade a wide range of pairs, swap assets in one step, and open leveraged futures positions. The exchange serves Vietnamese and global traders. Orders match on a central order book, and users hold balances in custodial accounts reached through web and mobile apps. Copy trading lets users replicate the futures positions of selected traders, and a demo mode lets them test strategies with simulated capital. Lending, earn, and automated recurring purchases cover idle balances and gradual accumulation. The platform also includes Nami Insurance, which offers onchain contracts for hedging price moves, and Nami Infinity, an NFT marketplace. NAO, the exchange's utility and governance token, gives fee discounts and a share of trading fee revenue through staking. Nami Exchange is used by retail traders, copy traders, and NAO holders. - Type: Company - Sector: Finance - Status: Active - Founded: 2019-08-27 - Profile: https://thegrid.id/profiles/nami_exchange ## Products - [Nami Exchange](https://thegrid.id/profiles/nami_exchange): Nami Exchange is a centralized exchange for spot and perpetual futures trading of cryptocurrencies. Users trade on a central order book, swap assets in one step, and open futures positions with leverage. Copy trading lets users replicate the futures positions of selected traders. The exchange also provides lending and earn products for idle digital assets. Balances are held in custodial accounts reached through web and mobile apps. (Centralised Exchange, Live, Main Product) - [Nami Insurance](https://thegrid.id/profiles/nami_exchange): Nami Insurance is an onchain insurance protocol that lets users hedge price movements of supported assets. Users choose an asset and receive a quoted insurance fee to open a contract, including conditional contracts that take effect at a chosen price. Contracts can also be opened directly from a futures position on the exchange. (Onchain Insurance, Live) - [Nami Infinity](https://thegrid.id/profiles/nami_exchange): Nami Infinity is an NFT marketplace within the Nami exchange ecosystem. It lets users collect and trade digital asset collections. Owning collection items gives holders exclusive benefits on the exchange. (NFT Marketplace, Live) ## Assets - [NAO (NAO)](https://thegrid.id/profiles/nami_exchange): NAO is the utility and governance token of Nami Exchange. It is used to receive trading fee discounts up to 40%, and holders can stake it in the Governance Pool to share revenue from trading fees and vote on token unlock proposals. The token was distributed through a fair-launch mechanism, ensuring equitable access without preferential allocations to early investors or the team. (Utility) ## Links - [Main](https://nami.exchange) - [Documentation](https://namiexchange.github.io/docs/#introduction) - [Privacy policy](https://nami.exchange/privacy) - [Terms of Service](https://nami.exchange/terms-of-service) - [Twitter / X](https://x.com/NamiExchange) - [Facebook](https://www.facebook.com/namifutures) - [Telegram](https://t.me/NamiGlobalGroup) - [Facebook](https://www.facebook.com/groups/namiglobal) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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