dydx Trading Tutorial ✅ How to trade on dydx [Step-by-Step]

[@cryptotradingguides]

💰 dydx (-5% fees) ► dydx.exchange/r/BCVRCSIN

[@dmalashkin]

I don't understand why it's a decentralized exchange if the money is transferred to their balance and stored with them and not our wallet? It turns out that it is a normal centralized exchange? Correct me if I'm wrong.

[@johannwolf1]

Danke. I like this DEX and am researching it. It appears it only allowed you to withdraw USDC. Could you not withdraw in ETH? I'm also curious how this compares to the BitGet coin M futures... which has the nice feature of earning actual BTC or ETH rather than stablecoin

[@alisoheily7450]

please learn Option market . thanks

[@yanoneyanone2857]

Question: Since you deposited ETH, how were you able to trade on a USD-based trading pair? Wouldn't you have to exchange ETH to USD(C) first before you can do anything?

[@cryptotradingguides]

it will be used as USDC on the platform, so you can trade any currency pair on it

[@mapex311]

How do you download trade history to like a csv/ spreadsheet? Would need that for taxes. Also can you open a limit order with leverage? Looks like only market orders has the slider....

[@elvenengineer]

In this DEX are the options put and call American or European type? thank you

[@damooooo]

Nice video, one question for example, if i have deposited ETH do i need to swap it for a stable coin to trade lev on dydx. Thanks.

[@cryptotradingguides]

It does automatically

[@damooooo]

@@cryptotradingguides Cheers

[@2k9flash]

can I trade XRP BTC DOGE and TRX on other coins on their native chains on this exchange ?

[@cryptotradingguides]

Unfortunately these networks are not available. Ethereum is generally the main network. So I would recommend to use an ethereum token

[@shaned7545]

How long did it take for your withdrawal to reflect back in your metamask wallet?

[@cryptotradingguides]

A few minutes. Depends on how crowded the network is. You can check your transaction in a block explorer tho

[@David-cs9zo]

Why the leverage is weird ?You should be able to chose you leverage the exact amount you want?

[@aleksardah9532]

You've missed a nice pump on eos😂

[@pb8582]

The only issue with this platform is the choices of crypto is nothing available really we need a lot more mover than just the big names

[@cryptotradingguides]

Yes, they add some coins from time to time

[@AshtonArenson-r4m]

Kyle Underpass

[@WhyetRex-w1c]

McDermott Flats

[@sebastianmullerbalcazar6229]

why would you recommend people to trade a quantity larger than what they have ... that is a BAD ADVISE ...

[@cryptotradingguides]

i dont recommend anyone doing anything if they dont know what they are doing. but trading with a larger amount of capital is the point of leverage tradinge.