Introduction to edgeX Background#
What is edgeX#
This tutorial will explain the recently popular edgeX—
- edgeX is the first MVP product to adopt an order book model, providing an experience and unique trading features comparable to centralized exchanges under the principle of user asset self-custody.
- As an on-chain financial infrastructure focused on liquidity, edgeX combines the efficient performance of CeFi with the secure and transparent characteristics of DeFi, aiming to build a complete on-chain financial ecosystem.
- Team members come from top institutions such as Barclays, Morgan Stanley, Bybit, and HTX, and are developing multiple trading and liquidity-related applications.
Security of edgeX#
The edgeX account system is built on the ETH mainnet, allowing for convenient deposits through the low-gas-cost ARB chain, and utilizes its own liquidity pool to transfer user assets to the mainnet for free. All user funds are ultimately stored on the Ethereum network, ensuring fund security through blockchain technology.
The Next Hyperliquid?#
edgeX is in a favorable development window, as a platform that has not yet issued tokens and can benchmark against leading DEX Hyperliquid. After Hyperliquid ignites the market in 2024, the edgeX product has gradually improved. Its backing comes from the well-known market maker Amber Group, which has significant advantages in trading strategies, understanding user needs, and liquidity management.
Fun Fact: Amber Group is a global leader in digital asset trading, asset management, and infrastructure provision. 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 a new dark horse. The current platform is in the early bonus period, and participating in the Alpha season activity with a deposit of $100 will earn you 5 points (expected 1:1 token exchange), with an off-market valuation reaching $5/point. It is recommended to experience smooth trading through the iOS/Android client or web version to seize early airdrop opportunities.
Detailed Tutorial for edgeX#
Step 1 Email Registration#
Use a mobile browser to visit the official website (email registration is not supported on the desktop version):
- Enter a commonly used email and click "Confirm"
- Fill in the 6-digit verification code received to complete registration
- Download the installation package according to your system type:
- Android users can directly install the APK
- iOS users need to install via TestFlight
- Open the APP, click "Connect" and select email login
Step 2 Complete Initial Deposit#
After logging in, click "Deposit" to get your exclusive ARB chain address (example address: 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba
), it is recommended to deposit ≥100U to receive a 5-point reward.
Method 1: On-chain Wallet Deposit#
Supports decentralized wallets like MetaMask, TokenPocket:
- Switch to the Arbitrum network
- Transfer USDT to the edgeX address
Method 2: CEX Exchange Deposit (Recommended for Beginners)#
Operate through platforms like OKEx/Bitget:
- Complete fiat currency deposit (refer to tutorial)
- Choose the Arbitrum chain when withdrawing
- Enter the edgeX deposit address for transfer
Key Tip: Be sure to select the Arbitrum chain and verify the address, it is recommended to deposit an amount ≥100U.
Step 3 Trade to Earn Points#
Once the funds arrive, you can start contract trading:
- Supports up to 100x leverage
- Be cautious when choosing long or short positions
- Transaction fees generated will be converted into points proportionally
Step 4 Check Points Rewards#
Click "Points" to view the data updated every Wednesday:
- Displays trading volume, number of points, and weekly ranking
- Example: 225 points / weekly ranking 117 (transaction fee approximately 5U)
Frequently Asked Questions about edgeX#
-
Is contract trading suitable for beginners?
It is recommended to try with small funds and low leverage, or wait for the spot function to launch in February 2025. -
How to hold both long and short positions simultaneously?
Achieve independent operations of multiple accounts by creating sub-accounts. -
Wallet has a balance but cannot deposit?
Ensure there is ETH on the Arbitrum chain for gas fees, it is recommended to deposit through CEX to avoid complex operations.
Related Reading#
2025 Top Ten Virtual Currency Trading Platforms in China Latest Ranking🔥【Worth Collecting】
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