We are pleased to announce that Kraken now supports dYdX (DYDX).
- Deposits and withdrawals are available starting now.
- Trading will begin at approximately 15:30 UTC on September 14th.
Note: Trading is not available to residents of the USA, Canada, Australia and Japan.
What is dYdX? (DYDX)
dYdX is a Tier 2 decentralized trading platform built on Ethereum and offers a range of financial products, including margin trading, derivatives and perpetual contracts. dYdX allows users to borrow, lend, and predict the future prices of popular cryptocurrencies.
Rather than maintaining a central order book where buyers and sellers can place orders, dYdX instead uses a pool of liquidity pools, where the funds can be accessed by traders seeking to buy or sell cryptocurrencies.
dYdX’s native cryptocurrency, DYDX, serves as a platform governance token and enables participants to vote on protocol upgrades for the network.
What time will the financing and trading start?
- Funding: Already Available – Deposit DYDX Now!
- Trading: Starts around 14th September 15:30 UTC (Kraken will allow commands to be entered and executed at this time)
- Updates will be posted on Status page Almost launch time
DYDX Trading Pairs
How to deposit DYDX
- Go to “Finance” > select the asset. You can find the asset either by selecting “Show all assets” or by searching (for example, “DYDX”).
- Click “Deposit” next to the asset and follow the on-screen instructions.
Confirmations Required Before Credit Deposit
Minimum Trade
Fees and Minimum Financing
What services will be available for DYDX?
Available
Not yet available
Will Kraken list more assets?
Yes! But our policy is not to reveal any details until shortly before launch – not even the assets we are studying. All listed tokens are available on Kraken on our siteAll future tokens will be announced on Kraken’s blog and social media profiles. Our client handling specialists cannot answer any questions about the assets we may list in the future.
Trade with caution
Limit orders are recommended when you start trading because the markets may be illiquid at first. Be very careful with market orders and orders that lead to market orders (eg stop loss).
Invest with caution
Listing an asset or token to trade is not a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.