dYdX ends contentious promo claiming ‘overwhelming demand’

dYdX ends contentious promo claiming ‘overwhelming demand’

The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus. 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.”Due to extremely overwhelming demand of the $25 deposit bonus....


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