Fellow Binancians,
Binance will list dYdX (DYDX) in the Innovation Zone and will open trading for DYDX/BNB, DYDX/BTC, DYDX/BUSD and DYDX/USDT trading pairs at 2021-09-09 02:00 (UTC).
- Users can now start depositing DYDX in preparation for trading
- Withdrawals for DYDX will open at 2021-09-10 02:00 (UTC)
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
DYDX Listing Fee: 0 BNB.
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.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
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.
Details:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-09-08
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
