Part of our company’s mission is to democratize access to trading around the world. We are pleased to announce that we have engaged Banxa to provide dYdX users a tool to purchase USDC through Banxa using a variety of payment methods including credit card, bank transfer, and other convenient local payment methods. This will allow traders to more easily access USDC and trade on the exchange.
Banxa is an independent third party unaffiliated with dYdX that provides fiat-to-crypto on-and-off ramp. You can read more about Banxa here.
dYdX is the developer of a leading decentralized exchange on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.