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dYdX launches "Free Transactions" and cancels transaction fees for accounts with a monthly trading volume of less than $100,000



Time:8/2/2022 2:52:00 AM

[dYdX launches "Free Trading" and cancels trading fees for accounts with a monthly trading volume of less than $100,000] On August 1, according to official news, dYdX announced that it will become a cryptocurrency trading platform that provides truly free transactions for all users in all markets. But transactions over $100,000 per month will still incur lower fees.

"Free trades" means that dYdX has removed the fees associated with placing orders on accounts with trading volumes below $100,000 in the past 30 days; other fees still apply, including but not limited to perpetual funding, deposits and withdrawals, and potential liquidations .

Other news:

dYdX: Yesterday’s 24-hour transaction volume reached 2.223 billion: On November 11, the decentralized derivatives protocol dYdX tweeted at around 9:30 Beijing time today that dYdX’s nearly 24-hour transaction volume yesterday reached 22.23 billion billion, and the number of transactions reached 492,000. [2022/11/11 12:51:05]

dYdX: As a precautionary measure, deposit confirmations will be suspended during the Ethereum merger: Golden Finance News, the decentralized derivatives platform dYdX stated on its official Twitter that the Ethereum merger is expected to take place from September 13th to September 15th in between. During the consolidation period, we do not anticipate any disruption to transactions or withdrawals. As a precautionary measure, we will suspend deposit confirmations until the merger is complete. [2022/9/8 13:16:26]

dYdX announces cooperation with Biconomy to support users’ zero-gas deposits: On November 25th, the derivatives agreement dYdX announced that it will cooperate with the blockchain development tool provider Biconomy to pay deposit gas fees for users who meet the requirements. Specifically, the first deposit is at least New users with $1,000 or existing users with a single deposit amount higher than $2,000 to lower the entry barrier for new users. [2021/11/25 7:09:44]

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