In this video I'll explain how to leverage trade, swap and do limit orders on a decentralized exchange such as DyDx in a safe way and avoid what happened to all the people who lost money on FTX.
The tools that we'll use are:
- Hardware wallet: [ Ссылка ]
- Metamask: [ Ссылка ]
- DyDx Exchange: [ Ссылка ]
- GMX Exchange: [ Ссылка ]
- 1Inch: [ Ссылка ]
By going completely decentralized you can avoid leaving all your funds on a centralized exchange just because you want to trade. Thankfully there are some good and affordable decentralized exchanges out there that have enough liquidity on the most important cryptocurrencies.
However: even going decentralized comes with risks. Make sure you are aware of this, spread your risk across platforms and always use a hardware ledger.
If you want to jump to a specific topic, you can use these timestamps:
- 00:00 Introduction
- 00:29 Manage your own funds
- 01:04 Hardware wallets
- 02:12 How to trade on DyDx
- 06:08 How to trade on GMX
- 07:47 Limit orders on 1Inch
- 09:09 What are the risks
#ftx #dydx #gmx #decentralized
Let's get on that crypto train!
Bren
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USEFUL LINKS (using these links supports the channel)
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New to crypto? Be sure to check out these exchanges and recieve a signup bonus with my affiliate links:
Hardware wallet:
- Ledger: [ Ссылка ]
Exchanges:
- Kraken: [ Ссылка ]
- Binance (code: 23179552): [ Ссылка ]
- Crypto.com (25USD bonus): [ Ссылка ]
Helium IoT devices:
- Bobcat miner: [ Ссылка ]
- Heliumdeploy: [ Ссылка ]
- COTX shop: [ Ссылка ]
- Cal-Chip: temporary order stop
- Nebra hotspots: temporary order stop
- Planning tool: [ Ссылка ]
Decentralized exchange - how to start trading on DyDx & GMX
Теги
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