Step 2: Choose your EVM-compatible wallet. Once you give it permissions, a new dYdX address is automatically generated.
Step 3
Step 3: When you first connect your wallet, you will be prompted to deposit funds OR you can deposit funds at any point by clicking ‘Deposit’ in the top right of the frontend.
Step 4
Step 4: Select the source chain, the asset you want to deposit like USDC or other assets such as ETH and enter the amount to deposit. Review the total fees and estimated time before clicking ‘Deposit funds’.
Step 5
Step 5: Click ‘Next’ on the custom spending cap wallet pop-up.
Step 6
Step 6: Approve the spending cap by signing the transaction in your EVM-wallet. This will require paying gas fee on Ethereum or on the source chain you selected in Step 4.
Step 7
Step 7: Confirm the transaction on your EVM-wallet
Step 8
Step 8: You will get a notification on the top-right of the trading interface that deposit is in progress.
Step 9
Step 9: Click on the bell icon on the top-right to follow the deposit process. Your deposit will be confirmed in ~15-20 mins.
Step 10
Step 10: Click on the ‘Portfolio’ tab to check your funds are ready for trading!