bitcoin
Bitcoin (BTC) $ 97,918.24
ethereum
Ethereum (ETH) $ 3,486.05
tether
Tether (USDT) $ 0.999188
bnb
BNB (BNB) $ 703.56
usd-coin
USDC (USDC) $ 0.999797
xrp
XRP (XRP) $ 2.29
binance-usd
BUSD (BUSD) $ 0.947088
dogecoin
Dogecoin (DOGE) $ 0.33246
cardano
Cardano (ADA) $ 0.921949
solana
Solana (SOL) $ 198.92
matic-network
Polygon (MATIC) $ 0.518412
polkadot
Polkadot (DOT) $ 7.43
tron
TRON (TRX) $ 0.257017
bitcoin
Bitcoin (BTC) $ 97,918.24
ethereum
Ethereum (ETH) $ 3,486.05
tether
Tether (USDT) $ 0.999188
bnb
BNB (BNB) $ 703.56
usd-coin
USDC (USDC) $ 0.999797
xrp
XRP (XRP) $ 2.29
binance-usd
BUSD (BUSD) $ 0.947088
dogecoin
Dogecoin (DOGE) $ 0.33246
cardano
Cardano (ADA) $ 0.921949
solana
Solana (SOL) $ 198.92
matic-network
Polygon (MATIC) $ 0.518412
polkadot
Polkadot (DOT) $ 7.43
tron
TRON (TRX) $ 0.257017
More

    dYdX introduces perpetual contracts for XRP and different tokens

    Latest News

    Cryptocurrency merchants have gained new alternatives for leveraged buying and selling because the decentralized trade (DEX) dYdX has rolled out perpetual contracts for ‘s XRP, alongside markets for different tokens akin to UNI, TRX, OP, and ADA. This growth brings the overall variety of cryptocurrencies provided on the platform to 13, all paired in opposition to the U.S. greenback for superior buying and selling providers.

    Merchants trying to leverage their positions can now achieve this with as much as 10x leverage on XRP trades by way of the platform’s web site. The minimal order dimension for these trades is ready at 10 XRP. Up to now day, dYdX has seen a buying and selling quantity of $47 million with open curiosity reaching $3 million, indicating strong exercise following the launch.

    One of many key options of dYdX is that customers preserve custody of their cryptocurrencies whereas buying and selling. Moreover, they’ve the potential to earn DYDX tokens as a reward for conducting transactions on the platform. Nonetheless, you will need to word that these providers should not accessible to customers in sure areas, together with the U.S. and Canada, on account of regulatory restrictions.

    This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.

    See also  IMF exec board endorses crypto coverage framework, together with no crypto as authorized tender

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles