CoinDCX will list dYdX (DYDX) on the Spot Market and open trading for DYDX/BNB, DYDX/BTC, DYDX/BUSD and DYDX/USDT market pairs at 09:30 AM (IST) on September 9, 2021.
What is dYdX (DYDX)?
DYDX is the governance token of the dYdX layer 2 protocol. DYDX grants holders the right to propose and vote on changes to the protocol, earn staking rewards, and enjoy trading fee discounts. DYDX is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to DYDX’s fundamentals, and fully understand the project before opting to trade the token.
Project Website: dYdX Foundation
Gentle reminder: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. CoinDCX will provide its best efforts to choose high-quality cryptocurrencies, but will not be responsible for your trading losses.
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