How to Create an Account on dYdX Exchange: A Step-by-Step Guide | dYdX Academy

How to set up a new dYdX account to trade perpetual contracts for a wide range of crypto assets.

Contents:

0:00 Introduction
0:35 Setting up an account
1:08 Onboarding
1:36 Setting Preferences
2:00 Depositing USDC
2:53 Depositing with Fiat
3:35 Key Takeaways

Glossary:

Perpetual Exchange - An exchange that allows traders to buy and sell perpetual contracts. Perpetuals are similar to a futures contract on an underlying asset, but have no expiration date.

Perpetuals are explained in detail in this video -    • What Are Perpetual Contracts and How ...  

Layer 2 - A blockchain that extends Ethereum to provide for additional speed and scalability.

Leverage - Using borrowed money to trade larger quantities than your trading collateral.

Links:

dYdX Documentation on Account Setup: https://help.dydx.exchange/en/article...
Gasless Deposits: https://dydx.exchange/blog/gasless-de...
Fiat Onramp: https://dydx.exchange/blog/Fiat-On-Ramp


Disclaimer:

All content is for educational purposes and does not constitute investment advice. dYdX Academy is a dYdX Grant initiative and does not represent dYdX Trading or dYdX Foundation.