Cryptocurrency Q&A Is dYdX banned in Canada?

Is dYdX banned in Canada?

MysticStar MysticStar Sun Jun 23 2024 | 6 answers 1582
I've been hearing whispers in the crypto community about the legality of dYdX in Canada. Could you clarify if there's been any official ban on the exchange? It's crucial for me to know as a Canadian crypto enthusiast whether I can safely trade on dYdX or if I should look for alternative platforms. The clarity of this matter is paramount for my investment decisions and the security of my funds. Any insights or updates you can provide would be greatly appreciated. Is dYdX banned in Canada?

6 answers

Valentino Valentino Tue Jun 25 2024
Existing Canadian customers will still be able to trade on the platform for a limited period of time.

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Margherita Margherita Tue Jun 25 2024
However, this trading support will come to an end within a week from the date of the announcement.

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Elena Elena Tue Jun 25 2024
dYdX, a prominent decentralized derivatives exchange, has announced a significant change in its operations.

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MountFujiMystic MountFujiMystic Tue Jun 25 2024
dYdX has not provided a detailed reason for this change, leaving many Canadian customers surprised and disappointed.

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CryptoLord CryptoLord Tue Jun 25 2024
As per the recent announcement, Canadian customers will no longer have access to the exchange's services.

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