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, skillfully integrating 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 also 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 channel 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 favorable position in the industry and is currently the only platform that has not issued tokens and can benchmark against leading DEX Hyperliquid.
With the explosive growth of the phenomenal product Hyperliquid in 2024, the edgeX product matrix is also gradually improving. Notably, its supporter Amber Group, as a top global digital asset market maker, has deep expertise 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 recharge of ≥100 USD 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 USD/point.
Platform Dynamics: The edgeX Points Alpha season is in full swing, and investors who missed the Hyperliquid opportunity can focus on early point acquisition. The iOS/Android client and web version are now online, with operational smoothness comparable to mainstream CEXs, and it is recommended to experience it early and accumulate points.
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 received 6-digit verification code 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 Suggestion: A first recharge amount of ≥100 USD 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, TokenPocket:
- Switch to the Arbitrum network
- Transfer USDT to the unique address provided by edgeX
Option B: CEX Channel Recharge#
It is recommended that new users choose 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: When withdrawing, be sure to select the Arbitrum network
Operation Tip: For CEX withdrawal tutorials, refer to https://heiyetouzi.xyz/zhifubao-btc/, and it is recommended to allow sufficient time to process the first transfer.
Step 3 Trading to Earn Points#
Once funds are credited, 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), fee expenditure approximately 5 USD
Frequently Asked Questions#
-
The threshold for contract trading is high; is there a spot option?
It is recommended that new users use low leverage small orders; the platform's spot trading function is expected to launch in February 2025. -
How to hold multiple positions simultaneously?
Separate management of long and short positions can be achieved 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 operations.
Further Reading#
2025 Latest Ranking of China's Top Ten Virtual Currency Trading Platforms 🔥【Must-Bookmark】
【Crypto Wealth Code】From Zero to Millions and Then to Debt: A True Story of an Old Player
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