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How to buy dYdX (DYDX) in the US

A beginner's guide to buying and selling DYDX in the US.

How to buy dYdX

Look for an exchange that supports both fiat and cryptocurrency to simplify buying dYdX.

  1. Open an account on an exchange that supports DYDX.
    Unfortunately, at this time no major exchanges in the United States offer DYDX, but you may be able to purchase it with another cryptocurrency. Just be sure to follow all legal restrictions and requirements.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy dYdX.
  3. Buy dYdX.
    Complete your dYdX purchase and then find the best wallet to store DYDX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is dYdX?

dYdX (DYDX) is the 100th largest cryptocurrency in the world by market cap, valued at $1,168,534,125. The current price of dYdX is $20.65, which is 8.631% higher than yesterday. Prices have ranged between $20.74 and $18.65 over the past 24 hours. All prices are listed in US dollars and accurate as of October 21, 2021 01:10 UTC.

Where to buy dYdX

Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

dYdX at a glance

Information last updated October 21, 2021 01:10 UTC.
Coin symbol DYDX
Coin Marketcap US$1,168,534,125
Total DYDX supply 1,000,000,000
Circulating DYDX 56,752,727
Current price US$20.65
All time high US$27.86

dYdX price performance over time

Historical prices compared with the price of US$20.65.

1 hour 3.87%
24 hours 8.63%
7 days -7.55%
14 days -11.63%
30 days 75.24%
60 days N/A
200 days N/A
1 year N/A

How to sell dYdX

You can cash out your DYDX with the same exchange you bought it through:

  1. Sign in to the exchange you have DYDX on.
    If you store your dYdX in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of DYDX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of dYdX.

What to consider when buying dYdX

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:

  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

Disclaimer: Cryptocurrencies, including dYdX, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DYDX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the dYdX or any other cryptocurrency discussed.

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