Introduction to edgeX Background#
What is edgeX#
This article will explain the recently popular edgeX platform—
- As the industry's first MVP product, edgeX adopts an order book trading model, providing a smooth experience and innovative features comparable to centralized exchanges while ensuring users' assets are self-custodied.
- The platform focuses on building on-chain liquidity infrastructure, cleverly merging the efficient performance of CeFi with the transparent and secure characteristics of DeFi, aiming to create a new generation of on-chain financial systems.
- The core team consists of top talents from Barclays, Morgan Stanley, Bybit, HTX, and others, continuously developing various trading and liquidity management tools.
Security of edgeX#
The platform's account system is built on the Ethereum mainnet, while also connecting to the low-fee Arbitrum chain as a recharge channel. Through a smart fund pool system, regardless of which chain users choose to recharge, their assets will ultimately be securely anchored on the Ethereum mainnet, achieving:
- Automatic cross-chain asset bridging
- Zero-fee inter-chain transfers
- Ethereum-level security assurance
The Next Hyperliquid?#
edgeX occupies a favorable position in the industry due to its unique advantages:
- Product Competitiveness: As a DEX that has not yet issued tokens, its trading experience is already on par with leading platform Hyperliquid.
- Strategic Timing: After Hyperliquid ignites the market in 2024, edgeX's product will complete key iterations.
- Institutional Endorsement: Fully supported by top market maker Amber Group, combining professional trading capabilities with liquidity management experience.
Industry Insight: Amber Group, as a leading global digital asset service provider, is not only a core liquidity provider for mainstream exchanges but also an operator of validation nodes for hundreds of crypto projects.
Early Bonus Analysis:
- The current user base of the platform is relatively small, making it the best entry window.
- Participate in the Alpha season activity; recharge $100 to receive 5 points (predicted 1:1 token exchange).
- Off-exchange valuation shows the potential value of a single point is about $5, with transaction fees only around $5 to obtain 225 points.
Platform Updates:
- iOS/Android clients and web versions have been launched.
- The points system updates rankings every Wednesday (UTC).
- Supports both long and short positions in sub-accounts.
edgeX Operation Guide#
Registration Process#
- Device Selection: Preferably use a mobile browser (desktop may have display issues).
- Email Verification: Enter a commonly used email → Get a 6-digit verification code → Complete registration.
- Client Installation:
- Android: Download the APK file directly.
- iOS: Install the beta version via TestFlight.
Asset Recharge#
Operation Path: After logging in, click "Recharge" → Get your exclusive wallet address (example: 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba
)
Recommended Strategy:
- New users are advised to recharge ≥$100 to receive a 5-point reward.
- Choosing the Arbitrum chain can save over 90% on Gas fees.
Recharge Method Comparison#
Method | Applicable Group | Difficulty | Cost Control |
---|---|---|---|
Direct Wallet Recharge | On-chain veterans | ★★★☆☆ | Need to prepare ARB chain Gas fees |
CEX Transfer | New users' first choice | ★★☆☆☆ | Transparent and controllable fees |
CEX Operation Guide:
- Complete fiat deposit on platforms like OKEx.
- When withdrawing, be sure to select the Arbitrum chain.
- Recommended transfer amount ≥$100.
- Confirm the address and chain type are correct.
Trading Strategy#
Core Points:
- Supports up to 100x leverage.
- It is recommended to start with small funds (between $50-$200).
- Sub-accounts can be created for long and short hedging.
- Real-time viewing of the points leaderboard incentive mechanism.
Points Inquiry#
Data Dashboard:
- Trading points are updated every Wednesday.
- Displays weekly trading volume/points/rankings.
- Supports historical data tracing.
Frequently Asked Questions#
Q1: Does it support spot trading?
A: Contract trading is currently the main feature, with the spot module expected to launch in February 2025.
Q2: How to operate long and short positions?
A: By using the "Wallet → Create Sub-account" feature, you can hold long and short positions in different sub-accounts.
Q3: Recharge failure troubleshooting guide
- Confirm that the wallet holds ETH on the ARB chain as Gas.
- Check that the withdrawal chain type is Arbitrum.
- Withdrawal from the trading platform requires KYC verification.
Further Reading#
Top 10 Virtual Currency Trading Platforms in China for 2025
Real Wealth Stories in the Crypto World: Insights from Millions to Debt
Popular Search Keywords#
Bitcoin Purchase Guide | Exchange Registration Tutorial | Contract Trading Tips | Airdrop Acquisition Strategies | Digital Wallet Management | On-chain Gas Optimization | Asset Cross-chain Tutorial | Leverage Risk Control | Web3 Beginner's Guide | Crypto Market Analysis