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DYDX

dYdX is a decentralized trading platform that offers Perpetual Contracts with low fees, deep liquidity, and up to 20× more buying power. Users can start trading with as little as $10. The platform is powered by StarkWare's Layer 2 solution, providing increased security and privacy through zero-knowledge rollups. dYdX is now available on iOS, with Android support coming soon. The platform has recently launched Layer 2, offering lightning-quick trades, low fees, no gas costs, and fast withdrawals. It also features cross-margining, allowing leverage across positions in multiple markets from a single account. Trusted by over 25,000 traders, dYdX aims to provide open and powerful financial tools to everyone.

dYdX to Exit Canadian Market
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dYdX to Exit Canadian Market

Cryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds. dYdX is hoping for a change in the regulatory climate to resume services in the country.

dYdX to Exit Canadian Market Amid Regulatory Restrictions
dydx

dYdX to Exit Canadian Market Amid Regulatory Restrictions

Cryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.

dYdX Taps ConsenSys' Charles d'Haussy as CEO of its Foundation
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dYdX Taps ConsenSys' Charles d'Haussy as CEO of its Foundation

Decentralized Exchanges (DEX) dydx has announced the appointment of Charles d’Haussy, a crypto leader from ConsenSys to serve as the Chief Executive of its Foundation.

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
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Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China

Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.