Changelly announces the addition of the dYdX token to the family of over 200 cryptocurrencies available for exchange on the platform. Users can quickly and easily exchange dYdX tokens at floating rates.
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced protocol. DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users. Moreover, users are eligible for trading discounts when trading on dYdX if they hold the tokens. Discount fees can go as high as 50% for users holding at least 5 million tokens.
We are happy to meet dYdX token on our platform. The project empowers traders with a powerful and decentralized infrastructure. This is why we believe this listing may bring a number of benefits to our users.
The dYdX Foundation is an independent not-for-profit foundation headquartered in Zug, Switzerland. By fostering decentralized governance and empowering traders with powerful, transparent, and open crypto financial products, the dYdX Foundation will help push the dYdX Layer 2 Protocol forwards towards community-led growth, development, and self-sustainability.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.