Review on dYdX by Micha Joe
dYdX has good features for trade activities.
dYdX is a US based decentralized cryptocurrency Exchange, from my experience so far using my mobile phone, dYdX is easily accessible and also a mobile friendly Exchange. With a good community interaction on GitHub, Reddit, Discord, Twitter and also on YouTube, I have never been left behind as I get active updates from these sites.
dYdX has a nice interface with a very good display similar to many other cryptocurrency Exchanges I have used before which made me easily adapt to it. It has many users who trades in its liquid markets, transactions here are anonymous because dYdX ensures the privacy of users. It offers services of borrowing cryptocurrencies, you can earn rewards from adding liquidity, it has a very nice Trade view and I get notifications on activities going on in its platform. In order to borrow, you would need to connect a wallet but an Ethereum wallet, I only use trust wallet as it is most preferred by me. In conclusion, I would advise you to check it out and enjoy it services but remember to make researches.
Pros
- It gives active updates.
- It has available guidelines for beginners.
- It is profitable to operate on.
- It is mobile friendly.
Cons
- I don't know of any downsides.
