Cryptocurrency News

dYdX ends contentious promo claiming ‘overwhelming demand’

09/02/2022

Less than a minute

2022.09.02 10:58

dYdX ends contentious promo claiming ‘overwhelming demand’

Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users.

The exchange, however, simply cited “overwhelming demand” as the reason for its short-lived promotional campaign, which ended on Thursday “effective immediately.”

09/02/2022

Less than a minute

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