How to Start Trading

What do I need to trade on MegaTAO?

1. An EVM wallet (MetaMask, Coinbase Wallet, WalletConnect, Trust Wallet, or any EVM-compatible wallet)

2. TAO for trading collateral and gas fees

How do I connect my wallet?

1. Go to megatao.com

2. Click Connect Wallet in the top right

3. Select your wallet from the list

4. Approve the connection in your wallet

The app will automatically switch your wallet to the Bittensor EVM network (Chain ID: 964). No manual network configuration is needed.

How do I fund my wallet?

You need TAO on the Bittensor EVM network. There are two ways to get it:

Option A: Send TAO to your Bittensor address

Send TAO to the Bittensor address associated with your connected wallet.

1. Click the Bittensor Address button in the top right corner of the app:

Bittensor Address button

1. Copy your Bittensor address

2. Send TAO to that address from an exchange or another wallet

Option B: Import your existing Bittensor wallet

If you already hold TAO on the Bittensor network:

1. Take the mnemonic (seed phrase) from your Bittensor wallet

2. Import it into your EVM wallet as a new account

3. Your TAO balance will be available automatically through the address mapping

How do I deposit margin?

TAO in your wallet is not yet available for trading. You need to deposit it as margin:

1. Click Deposit in the account section

2. Enter the amount of TAO to deposit

3. Confirm the transaction in your wallet

Keep some TAO in your wallet (not deposited) for gas fees.

How do I open a position?

1. Select a market from the market list (e.g., CHUTES, TARGON, VANTA)

2. Choose Long (price goes up = profit) or Short (price goes down = profit)

3. Enter your margin amount

4. Set your leverage (1x to 3x)

5. Review the position summary: notional value, entry price, liquidation price, fees

6. Click to open and confirm in your wallet

Field	Meaning
Notional Value	Total position size (margin x leverage)
Entry Price	Current oracle price at execution
Liquidation Price	Price at which the position is force-closed
Trading Fee	0.25% of notional value

How do I close a position?

1. Go to your open positions

2. Click on the position to close

3. Click Close Position

4. Confirm the transaction in your wallet

You can also partially close by specifying a notional amount less than the full position size.

How do I withdraw?

1. Ensure you have available margin (not locked in open positions)

2. Click Withdraw in the account section

3. Enter the amount and confirm

You cannot withdraw margin that is backing open positions. Close or reduce positions first.