dYdX will Pay Gas Fees for Eligible User Deposits

TokenInsight news, decentralized derivatives trading platform dYdX has partnered with blockchain development tool provider Biconomy and plans to pay Gas fees for eligible user deposits. The requirements are new users who make their first deposit of at least $1,000, or existing users who make a single deposit of more than $2,000 (every 3 days), and users can also convert their corresponding ERC20 assets into $USDC via the 0x API and deposit them directly via the dYdX frontend. dYdX will also pay the Gas fee associated with this transaction for all eligible users.