WeareexcitedtoannouncethatKrakenisnowsupportingdYdX(DYDX).?
Depositsandwithdrawalsareavailablestartingnow.?Tradingwillbeginatapproximately15:30UTConSeptember14.Note:TradingisnotavailabletoresidentsoftheUSA,Canada,AustraliaandJapan.
WhatisdYdX?(DYDX)
dYdXisadecentralizedLayer2tradingplatformbuiltonEthereumofferingarangeoffinancialproducts,includingmargintrading,derivativesandperpetualcontracts.dYdXallowsuserstoborrow,lendandmakepredictionsonthefuturepricesofpopularcryptocurrencies.
Ratherthanmaintainingacentralorderbookwherebuyersandsellerscanplaceorders,dYdXinsteadusesacollectionofliquiditypools,wherefundscanbeaccessedbytradersseekingtobuyorsellcryptocurrencies.?
dYdX’snativecryptocurrency,DYDX,actsastheplatform’sgovernancetokenandenablesparticipantstovoteonprotocolupgradestothenetwork.?
Whattimewillfundingandtradingstart?
Funding:Alreadyavailable–youcandepositDYDXnow!?Trading:StartsSeptember14atapproximately15:30UTC(Krakenwillenableorderentryandexecutionatthistime)UpdateswillbepostedonthestatuspagenearlaunchtimeTradingpairsforDYDX
DYDX/USDDYDX/EURHowtodepositDYDX
Navigateto“Funding”>Selecttheasset.Youcanfindtheasseteitherbyticking“Showallassets”orbysearching(e.gfor“DYDX”).Click“Deposit”nexttotheassetandfollowtheon-screeninstructions.Confirmationsrequiredbeforedepositscredit
20(about5minutes)Tradingminimums
0.3DYDXFeesandfundingminimums?
DepositfeesandminimumsWithdrawalfeesandminimumsWhichserviceswillbeavailableforDYDX?
Available
KrakenKrakenProNot(yet)available
KrakenFuturesMarginTradingWillKrakenlistmoreassets?
Yes!Butourpolicyisnottorevealanydetailsuntilshortlybeforelaunch–notevenwhichassetsweareconsidering.AllofKraken’slistedtokensareavailableonourwebsite,andallfuturetokenswillbeannouncedonKraken’sblogandsocialmediaprofiles.Ourclientengagementspecialistscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.?
Tradewithcaution
Limitordersarerecommendedwhentradingstartssincethemarketsmaybeilliquidinitially.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).
Investwithcaution
Listinganassetortokenfortradeisnotarecommendationtobuy,sell,orparticipateintheassociatednetwork.Doyourownresearchandinvestatyourownrisk.
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