edgeX Background Introduction#
What is edgeX#
This tutorial will introduce the recently launched edgeX—
- edgeX is the first MVP to adopt an order book model, providing a centralized exchange experience and trading features while allowing users to self-custody their assets.
- edgeX focuses on liquidity and on-chain financial infrastructure for trading, integrating the performance of CeFi with the security and transparency of DeFi, aiming to build a complete on-chain financial system.
- The edgeX team members come from well-known institutions such as Barclays, Morgan Stanley, Bybit, and HTX, and are developing multiple applications based on trading and liquidity.
Security of edgeX#
The edgeX account system is built on the ETH mainnet. To facilitate users, it supports deposits via the lower gas fee ARB chain and allows free cross-chain transfers to the mainnet through its own liquidity pool. Regardless of which chain users deposit through, the funds are ultimately stored in Ethereum ETH, maximizing the security of user funds.
The Next Hyperliquid?#
It can be said that edgeX occupies a favorable position; it is the only product that has not yet issued tokens and offers an experience comparable to the current number one DEX, Hyperliquid.
After the Hyperliquid airdrop craze in 2024, the edgeX product is gradually maturing. edgeX is supported by the well-known market maker Amber Group, whose team is proficient in trading, user needs, and liquidity strategies, and its product capabilities are on par with Hyperliquid.
Fun Fact: Amber Group is a leading global provider of digital asset trading, asset management, and infrastructure. As a core market participant, Amber Group is also one of the largest liquidity providers and validators for mainstream exchanges and hundreds of crypto projects.
Following Hyperliquid, edgeX is expected to become the next dark horse. In recent months, Hyperliquid users have achieved significant gains through trading points; currently, edgeX has a smaller user base, making it a good entry opportunity. During the event, depositing $100 and trading can earn 5 points, which may be redeemable for tokens at a 1:1 ratio in the future, with off-market predictions valuing the tokens at about $5 each.
Recent activities of edgeX: Points Alpha season is ongoing, and users who missed Hyperliquid can follow edgeX trading to earn early points. The iOS and Android apps and web version are now online; it is recommended to experience its smoothness (comparable to CEX) and accumulate point rewards.
Here are the detailed operation steps—
Detailed Tutorial for edgeX#
Step 1 Email Registration#
Open the official website in your mobile browser, Note: You must use a mobile browser, as the email input box may not display on a computer.
- Enter a commonly used email and click the "Confirm" button—> Enter the 6-digit verification code received in your email to complete registration.
- Click the "Android APK" button at the bottom to download the installation package and follow the prompts to install the app. iOS users need to download TestFlight first, then install the trial package.
- After installation, click "Connect" on the homepage and select "Email Login."
Step 2 Complete First Deposit#
After logging in, click the green "Deposit" button in the upper right corner to enter the deposit page. edgeX defaults to support deposits via the Arbitrum chain, and the platform generates a unique wallet address (e.g., 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba
, the address varies by user).
It is recommended that beginners deposit at least $100 to receive a 5-point reward. Points are valuable and may be redeemable for tokens at a 1:1 ratio in the future, so avoid wasting your new user status.
Method 1: Deposit from Wallet#
edgeX is a decentralized exchange and only supports on-chain deposits. If you have a wallet like MetaMask, TokenPocket, Rabby, or Backpack (including USDT and other assets), switch to the Arbitrum chain and transfer to the edgeX address.
Method 2: Deposit from CEX#
If you do not have a cryptocurrency wallet, you can deposit from a centralized exchange (such as OKX, Bitget). Refer to the article https://heiyetouzi.xyz/zhifubao-btc/ to complete registration, verification, bind payment methods, and deposit RMB.
It is recommended that beginners choose Method 2: Wallet deposits involve cross-chain/bridge operations, which are complex and have high fees. An example is shown below (withdrawing $101 from OKX to the edgeX address 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba
):
【Note】When withdrawing from CEX, be sure to select the Arbitrum chain, and the address must be the edgeX address; the USDT amount must be greater than $100 (approximately 700 RMB).
Step 3 Trade to Earn Points#
Once the deposit is credited, you can start trading. Set the leverage multiplier (up to 100x), and choose the direction (buy/long or sell/short). Note the risks: While trading has point rewards, it also involves fees and potential loss of principal, so avoid over-investing.
Step 4 Airdrop Points#
Click the "Points" tab at the top to view the points earned from trading. Points are updated every Wednesday (UTC timezone), showing total trading volume, points, and weekly rankings. For example, normal trading can earn 225 points (ranked 117), with a fee loss of about $5, making it a relatively cost-effective option.
Common Questions about edgeX#
-
I am a beginner and not very familiar with contracts; does edgeX have spot trading?
Beginners are advised to try contract trading with small funds and low leverage. If contracts are not suitable, you can wait for the spot feature to launch in February 2025. -
Can edgeX open both long and short positions?
You can create sub-accounts (Sub-Account) through your wallet to hold both long and short positions simultaneously. Switch to the corresponding account during operation for a good experience. -
I have USDT balance in my wallet, but cannot deposit to edgeX?
Check if your wallet has a small amount of Arbitrum chain ETH for gas fees. If not, you need to obtain ETH through swap or bridge operations. If you are not familiar with this, it is recommended to use Method 2 to deposit from CEX.
🔥🔥🔥 Alpha Find Gold Dog Practical Tools#
1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
Related Reading#
The Latest Ranking of the Top 10 Virtual Currency Trading Platforms in China for 2025 is Out 🔥【Worth Collecting】
【Real Stories of Getting Rich in the Crypto World】Many people ask me how I went from 0 to 11 million and then to a debt of 100,000 after years of trading coins.
Everyone is Searching#
Buying Bitcoin in China, trading exchanges, OKX download registration, domestic OKX recharge, Binance App registration, Binance App download, Binance platform coin buying tutorial, Binance registration, Binance airdrop registration, Binance iOS download, how to buy President Coin, how to buy Dogecoin, buying Bitcoin with RMB, how to download OKX, web3 earning, web3 zero earning, Bitget mainland download registration, OKX passport registration, OKX download, Binance download, trading coins side business, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to set up an NFT wallet, how to recharge RMB on Huobi, beginner's tutorial in the crypto world, btc8848.com, trading contract Tony's mindset, contract leverage bit wave, DeFi mining, earning in the crypto world, can airdrops still be played in the crypto world, what to do if a contract is liquidated, how to buy President Coin on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play DeFi staking and mining, can NFTs still be played, how to earn in we3 airdrops, how to play zero earning in the crypto world, how to mine inscriptions, how to mine runes, beginner's guide in the crypto world, how to trade coins, can trading coins make money, beginner's tutorial in the crypto world btc8848.com, can trading coins make money, what is contract leverage, DeFi mining, how to earn in the crypto world, OKX Binance airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz