Learn the basics
Short, plain answers to what people ask most before their first trade.
What you're looking at
MainStocks shows stocks and index funds through a wallet-connected interface. Each asset has a live (or, during development, demo) price, a chart, and a trade panel.
Prices change constantly. The number you see when you start an order can differ from the price when your transaction is executed.
How an order works
You choose an asset and an amount, then select Review order. The review shows the price, the estimated amount you'll receive, fees and your maximum slippage.
Nothing is sent until you select Confirm trade and approve the transaction in your own wallet. You can cancel at either step.
Slippage, in plain terms
Slippage is how far the price is allowed to move against you between review and execution. With 0.5% slippage, a $1,000 buy will not fill if it would cost more than about $1,005 worth of value.
Lower slippage protects you from price swings but means orders fail more often in fast markets.
Keeping your wallet safe
MainStocks will never ask for your recovery phrase, seed phrase or private key — not in the app, not by email, not in chat. Anyone who asks is attempting theft.
Always check the network and the contract address your wallet shows before approving a transaction.
Risks
Investing involves risk, including losing some or all of the money you put in. Smart contracts can contain bugs, networks can be congested, and prices can move quickly.
Only invest what you can afford to lose, and consider independent financial advice for decisions that matter to you.