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Buy DYDX

What is DYDX?

DYDX is the governance token of dYdX, a decentralized layer 2 trading protocol on Ethereum. dYdX combines the functionality and comprehensive trading terminals of a centralized exchange with the freedom and mobility of decentralized finance.

The dYdX exchange offers an incredible range of trading tools and services, including isolated-margin trading, cross-margin trading and perpetual futures trading. Moreover, traders enjoy secure and private, decentralized trading with dYdX's Starware zero-knowledge proofs.

After buying DYDX, holders have the option of earning further interest on their tokens if they deposit their DYDX holdings into the global DYDX liquidity pool. The holder can withdraw provided tokens at any time or borrow crypto by using their deposited tokens as collateral. The dYdX platform has enjoyed enormous growth and adoption and regularly sees a daily trading volume of over $500,000,000.

Why buy DYDX with OKX?

What can I do after I buy DYDX?

When you buy DYDX, you gain a share in the protocol’s governance and ongoing development, with the option of voting on proposals that continue the development of the dYdX platform. Buy DYDX to potentially benefit from its growth and positive price action.

Earn Generous Rewards with OKX Earn

OKX Earn offers flexible savings plans for holders of DYDX. Select between flexible and fixed plans to earn interest on your DYDX holdings.

Trade DYDX Using OKX’s Trading Terminal

Experienced traders can take advantage of OKX’s variety of charting tools and trading indicators to forecast movements in the price of DYDX. By effectively timing their buys and sells, skilled traders can turn a profit regardless of bullish or bearish conditions in the market.

Hold DYDX Securely in Your OKX Wallet Long-Term

The dYdX platform has witnessed significant growth and adoption immediately after its launch. If you believe that the protocol will continue to grow and succeed in the space, you can hold your DYDX tokens safely in your OKX Wallet in anticipation of price appreciation in the long term.

Provide Collateral to Take Out a Crypto Loan

Holders who wish to further engage in the world of decentralized finance can withdraw their DYDX tokens to their private wallets and connect to the dYdX website to access a wide range of financial tools. By providing your DYDX tokens to the platform as collateral, you can take out a loan based on your deposit. Alternatively, you may use your DYDX tokens as collateral on OKX Loan to borrow over 20 crypto assets.

How to buy Cryptocurrency and store it safely?

Guide on how to buy dYdX (DYDX)

Buy DYDX with Debit/Credit Card

You can use your debit/card cards to buy DYDX in a matter of minutes. Check to see if your local currency is amongst the 90+ supported fiat, or get your hands on USDT or USDC first to trade them for DYDX on our trading terminal. OKX supports Visa, Mastercard, Apple Pay and more.

Buy DYDX with Third-Party Services

OKX offers various third-party payment services for you to buy DYDX, including Banxa, MoonPay, Coinify and Advcash. Easily buy DYDX from your preferred third-party seller in just 2 to 10 minutes.

Buy USDT from Peer-to-Peer (P2P) Market

Buy USDT from OKX's P2P Market to trade them for DYDX. Our P2P service has hundreds of sellers readily available to sell digital assets in exchange for fiat. Find a seller who offers a good USDT rate and buy the stablecoin to trade for DYDX. As an intermediary, we ensure that the exchange takes place in the safest environment possible.

Buy DYDX using OKX Convert

Buying DYDX using other popular cryptocurrencies like BTC, ETH or ADA is easy for beginners with our simple Convert option. OKX Convert offers free, instant, slippage-free swaps for more than 100 different digital assets.

FAQs

Where is the best place to buy DYDX?
OKX is the best place to buy DYDX easily. Whether you prefer to buy with your debit/credit card, via a bank transfer, or by swapping other popular cryptocurrencies for DYDX using OKX Convert, OKX has you covered.
What is the cheapest place to buy DYDX?
At OKX, you can buy DYDX at the best price. OKX charges the lowest transaction fees across the crypto market. By using our innovative compare tool, you can easily compare the price of DYDX across crypto exchanges.
Is it safe to buy DYDX on OKX exchange?
Yes, OKX employs state-of-the-art security techniques to ensure the maximum safety of your funds. OKX further offers a great range of additional security features like 2FA and others to protect your account.
Can I use my local currency to buy DYDX?
Yes, OKX supports over 90 different fiat currencies. To buy DYDX using fiat, register for an OKX account and complete the identity verification process. Thereafter, you may buy DYDX directly with your preferred fiat and debit/credit card.
Is buying DYDX a good idea?
Cryptocurrencies, including DYDX, are generally volatile, high-risk assets. Therefore, you need to complete thorough research before investing in any cryptocurrency and only invest what you can afford to lose.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.