Analysis

Binance Will List dYdX (DYDX) in the Innovation Zone

Announcement from Binance.com

Binance will list dYdX (DYDX) in the Innovation Zone and 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 available withdrawal 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 two 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 can trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

Before trading 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 average risk and will likely be subject to high price volatility. Please ensure that you exercise sound risk management, have done your research regarding 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. Would you please make your trades cautiously? Binance will make the best efforts to choose high-quality coins but not be responsible for your trading losses.

Thanks for your support!

Binance

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