PANews reported on October 31st that, according to Reuters, dYdX President Eddie Zhang stated in an interview that dYdX is preparing to enter the US market before the end of the year. This shift means the decentralized exchange (DEX) will be open to US users who previously could not access it. Zhang stated, "The platform plans to expand its trading offerings and will launch spot trading of Solana and other related cryptocurrencies in the US before the end of the year. After entering the US market, dYdX plans to drastically reduce trading fees by up to half, to between 50 and 65 basis points. Perpetual contracts will not be launched in the US, but dYdX hopes that US regulators will eventually provide guidance to decentralized platforms to enable them to offer these products."PANews reported on October 31st that, according to Reuters, dYdX President Eddie Zhang stated in an interview that dYdX is preparing to enter the US market before the end of the year. This shift means the decentralized exchange (DEX) will be open to US users who previously could not access it. Zhang stated, "The platform plans to expand its trading offerings and will launch spot trading of Solana and other related cryptocurrencies in the US before the end of the year. After entering the US market, dYdX plans to drastically reduce trading fees by up to half, to between 50 and 65 basis points. Perpetual contracts will not be launched in the US, but dYdX hopes that US regulators will eventually provide guidance to decentralized platforms to enable them to offer these products."
dYdX plans to enter the US market by the end of the year and significantly reduce transaction fees.
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PANews reported on October 31st that, according to Reuters, dYdX President Eddie Zhang stated in an interview that dYdX is preparing to enter the US market before the end of the year. This shift means the decentralized exchange (DEX) will be open to US users who previously could not access it. Zhang stated, "The platform plans to expand its trading offerings and will launch spot trading of Solana and other related cryptocurrencies in the US before the end of the year. After entering the US market, dYdX plans to drastically reduce trading fees by up to half, to between 50 and 65 basis points. Perpetual contracts will not be launched in the US, but dYdX hopes that US regulators will eventually provide guidance to decentralized platforms to enable them to offer these products."
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