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docs/use/zano-trade.md
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sidebar_position: 4
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---
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# Zano Trade
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A decentralized exchange to trade native Zano and all the Confidential Assets launched on Zano’s ecosystem. Zano Trade requires no user registration and uses an on-chain order matching system to facilitate [Ionic Swaps](https://docs.zano.org/docs/learn/frequently-asked-questions#what-are-ionic-swaps) between native Zano and the Confidential Assets. It is impossible to see what asset type, amount, or address was involved in the transaction.
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## How to use
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1. Zano Trade, like all Zano dApps, requires using Zano Companion, [click here](https://docs.zano.org/docs/use/companion) if you haven't set it up already.
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2. Once your Companion is ready (make sure to have your desktop wallet open and unlocked) head to [trade.zano.org](http://trade.zano.org) and click "Connect Wallet".
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3. On the first time, a popup will appear on the Companion to authorize the connection, click "Accept".
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/companion/sign_request.png').default} />
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</figure>
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4. To do a trade, search and select the desired trading pair. 
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If multiple tokens under the same/similar name exist, make sure to check their unique Asset ID.
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/trading-pairs.png').default} />
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</figure>
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5. Now you can either post a buy/sell order or take an existing one.
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### Create an order
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For this example, we will be buying "ZNOPP" tokens:
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**Price:** How much of the base pair (in this case, ZANO) do we want to pay per unit of ZNOOP?
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**Amount:** How many tokens do we want to acquire at this price?
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Click "Buy" to post the order.
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/new_order1.png').default} />
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</figure>
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### Take an order
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For this example, we'll be selling "ZNOOP" tokens:
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Scroll down to see the order book
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Since we are happy with receiving 0.01 ZANO per token, we'll proceed to click "Take Order"
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/order_book2.png').default} />
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</figure>
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This will take us back above and automatically set the fields for our sell order, simply click "Sell".
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/new_order2.png').default} />
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</figure>
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### Complete the trade
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Scroll down to see your list of pending orders.
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/my_orders.png').default} />
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</figure>
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Since our order matches the one from @Timmy03, all that is left to do is click "Apply".
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This will open Zano Companion, prompting us to confirm the trade.
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/ionic_swap1.png').default} />
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</figure>
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Now we wait for @Timmy03 to apply our order in the same way we just did.
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<figure style={{textAlign: 'center'}}>
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<img src={require('/img/use/zano-trade/completed_trade.png').default} />
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</figure>
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And that's it! We just completed a peer-to-peer trade, made possible by Zano's Ionic Swaps, preserving our privacy across the whole process.
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