edgeX Background Introduction#
What is edgeX#
This article will delve into the recently popular edgeX—
- As the industry's first MVP (Minimum Viable Product), edgeX innovatively adopts an order book model, providing a trading experience and unique features comparable to centralized exchanges while ensuring users' assets are self-custodied.
- The platform focuses on on-chain liquidity and trading infrastructure development, cleverly merging the efficient performance of CeFi with the secure and transparent characteristics of DeFi, aiming to build a complete on-chain financial ecosystem.
- The core team consists of senior experts from top institutions such as Barclays, Morgan Stanley, Bybit, and HTX, who are continuously developing multiple trading and liquidity-related applications.
edgeX's Security Mechanism#
The edgeX account system is built on the Ethereum mainnet and connects to a cost-effective Arbitrum chain recharge channel. Through an innovative cross-chain funding pool solution, the platform completes mainnet asset transfers for users free of charge. Regardless of the recharge route chosen by users, the final assets are securely stored on the Ethereum network, fully ensuring the safety of funds.
A New Generation DEX Dark Horse?#
With its unique advantages, edgeX occupies a prominent position in the industry and is currently the only platform that has not issued tokens while providing an experience comparable to leading DEX Hyperliquid.
With the explosive growth of the phenomenal product Hyperliquid in 2024, the edgeX product matrix is gradually being perfected. Notably, its supporter Amber Group, as a top global digital asset market maker, has a deep accumulation in trading system design, user demand insights, and liquidity management, making its product development capabilities formidable.
Industry Insight: Amber Group is a leading global provider of digital asset trading and infrastructure services, serving as a core liquidity provider for mainstream exchanges and offering verification services for hundreds of crypto projects.
Following Hyperliquid, edgeX is showing strong growth momentum. Early users have frequently realized wealth appreciation through trading points on Hyperliquid, and edgeX is still in its early development stage, making it an excellent opportunity for positioning. The platform is currently running a recharge reward campaign: a first deposit of ≥$100 will grant 5 points (expected to be exchanged for tokens at a 1:1 ratio in the future), with an off-market valuation already reaching $5/point.
Platform Updates: The edgeX Points Alpha season is in full swing, and investors who missed the Hyperliquid opportunity should pay close attention to early point acquisition. The iOS/Android client and web version are now online, with smooth operation comparable to mainstream CEXs, and early experience and point accumulation are recommended.
Here is the detailed operation guide—
Complete edgeX Operation Tutorial#
Step 1 Account Registration#
Use a mobile device browser to visit the official registration page, Important Note: Currently, only mobile registration is supported; there are display issues on PC!
- Enter a commonly used email and click "Confirm" → Fill in the 6-digit verification code received to complete registration
- At the bottom of the page, select "Android APK" to download the installation package (iOS users need to install the beta version via TestFlight)
- After installation, click "Connect" on the App homepage → select "Email Login"
Step 2 First Recharge#
After successfully logging in, click the green "Recharge" button in the upper right corner to enter the operation interface. The platform defaults to providing Arbitrum chain recharge services, and the system automatically generates a unique wallet address (example address: 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba, actual address varies by user).
New User Advice: A first recharge amount of ≥$100 can activate a 5-point reward. Points can be exchanged for platform tokens in the future, so it is advisable to take advantage of the new user benefits.
Option A: On-chain Wallet Recharge#
Supports mainstream wallets like MetaMask and TokenPocket:
- Switch to the Arbitrum network
- Transfer USDT to the unique address provided by edgeX
Option B: CEX Channel Recharge#
New users are recommended to use centralized exchanges (such as OKX, Bitget) for fiat deposits:
- Complete exchange registration/KYC verification
- Purchase USDT with fiat and withdraw to the edgeX address
- Key Step: Be sure to select the Arbitrum network when withdrawing
Operation Tip: CEX withdrawal tutorials can be referenced at https://heiyetouzi.xyz/zhifubao-btc/, and it is advisable to allow ample time for the first transfer.
Step 3 Trading to Earn Points#
Once the funds arrive, you can start trading:
- Supports up to 100x leverage
- Flexibly choose long or short positions
- Risk Warning: Trading involves the risk of principal loss; it is advisable to control position size
Step 4 Points Inquiry#
Click "Points" at the top to view earnings details:
- Points data is updated every Wednesday (UTC)
- Displays weekly trading volume, points earnings, and rankings
- Example data: 225 points (weekly ranking 117), transaction fee expenditure approximately $5
Frequently Asked Questions#
-
The threshold for contract trading is high; is there a spot option?
It is recommended for new users to try small orders with low leverage; the platform's spot trading feature is expected to launch in February 2025. -
How to hold multiple positions simultaneously?
Achieve separation management of long and short positions by creating sub-accounts (Sub-Account), which requires switching accounts for operation. -
Why can't USDT in the wallet be recharged?
Ensure that you hold enough ETH on the Arbitrum network for Gas fees; CEX users are advised to refer to Option B for operation.
Extended Reading#
2025 Top Ten Virtual Currency Trading Platforms Latest Ranking🔥【Must-Bookmark】
【Crypto Wealth Code】From Zero to Millions and Then to Debt: A True Story of an Old Player
Popular Search Keywords#
Bitcoin purchase channels, digital currency exchange rankings, OKX registration guide, Binance APP download, fiat deposit tutorial, Web3 airdrop strategies, Bitget mainland registration, contract trading skills, DeFi staking mining, NFT investment guide, inscription casting tutorial, node staking returns, asset allocation strategies, risk management insights, blockchain beginner's guide, btc8848 resource site, Night Investment Think Tank