#DYMBinanceHODL Dymension (DYM) on Binance

In February 2024, Binance listed the Dymension (DYM) token on its spot market, including the pairs DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY.

DYM carries the label 'Seed,' indicating that it is an innovative project but with high volatility. Binance requires users to complete a risk questionnaire every 90 days if they wish to trade it.

What is Dymension?

It is a modular network of ultra-fast blockchains called RollApps, designed to efficiently scale dApps.

🔹 What does HODL mean?

HODL is an intentional misspelling of 'Hold On for Dear Life,' originating from a typo in a Bitcoin forum. Today, it represents the strategy of not selling, regardless of market downturns.

The HODL strategy is based on avoiding panic in the face of volatility and holding cryptocurrencies for the long term, with the hope of gaining rewards when the market rises.

It is also common to see campaigns or promotions on Binance that pit the HODL strategy against Trade, where participants accumulate points for holding (HODL) or for actively trading (Trade).