Beginner Step by Step Guide to Earn edgeX Airdrop Points in Early Alpha Project

bitgetcn (35)in #binancetrade • 2 months ago

Introduction to edgeX

What is edgeX?

This guide explores the newly launched edgeX platform—

As the first MVP on the market with an order book model, edgeX delivers a centralized exchange experience and trading features while ensuring users retain self-custody of their assets.
It emphasizes liquidity and robust on-chain financial infrastructure, merging CeFi's efficiency and performance with DeFi's security and transparency to build a comprehensive on-chain financial ecosystem.
The edgeX team comprises experts from Barclays, Morgan Stanley, Bybit, HTX, and other leading exchanges, actively developing multiple trading and liquidity solutions.

edgeX Security

edgeX's account system operates on the Ethereum mainnet. For user convenience, deposits are accepted via the low-cost Arbitrum (ARB) chain, with funds then internally bridged to Ethereum at no charge using the platform's liquidity pool. Regardless of your deposit chain, all assets are securely stored on Ethereum, maximizing protection.

The Next Hyperliquid?

edgeX emerges at an ideal moment, positioning itself as the only tokenless product with a user experience rivaling top DEX Hyperliquid.

Following Hyperliquid's major 2024 launch, edgeX's offerings are rapidly maturing. Backed by Amber Group—a leader in trading, user experience, and liquidity—edgeX matches Hyperliquid in product capabilities.

Fun Fact: Amber Group is a top global digital asset trading, management, and infrastructure firm. As a key market player, it ranks among the largest liquidity providers and validators for major crypto projects and exchanges.

Poised as the next breakout star after Hyperliquid, edgeX offers early opportunities. While many profited from Hyperliquid point trading, edgeX currently has fewer users, making it prime for entry. During the ongoing promotion, depositing $100 for trades earns 5 points, likely convertible 1:1 to tokens later, with potential values around $5 each.

Current edgeX campaign: The Points Alpha season is live. If you missed Hyperliquid, explore edgeX for early points via trading. Apps for iOS and Android are available, along with a web version. The platform's smooth, CEX-like experience and point-based airdrops make it highly recommended.

Now, proceed with the step-by-step guide—

edgeX Detailed Tutorial

Step 1: Register with Email

On your phone, access the official site exclusively via mobile browser—desktop browsers may hide the email field, so stick to your phone!

Input your primary email and tap “Confirm,” then enter the 6-digit code sent to complete registration—simple and quick.
Tap “Android APK” at the bottom to download the installer and follow setup steps. iOS users should download TestFlight first, then install the beta app as prompted.
Once installed, select “Connect” on the home screen and choose “Email Login.”

Step 2: Make Your First Deposit

After logging in, tap the top-right green “Deposit” button. edgeX defaults to low-fee Arbitrum deposits, assigning you a unique wallet address (e.g., 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba—yours will differ).

New users should deposit at least 100 USDT to earn 5 points. These points are valuable, potentially redeemable 1:1 for tokens, so seize this introductory offer.

Method 1: Deposit from Wallet

As a decentralized platform, edgeX only accepts on-chain deposits. If you hold funds in wallets like MetaMask, TokenPocket, Rabby, or Backpack, switch to Arbitrum and transfer USDT to your edgeX address.

Method 2: Deposit from CEX

For newcomers without wallets, use centralized exchanges (CEX) like OKX or Bitget: Register → complete KYC → link payment methods (e.g., bank card or Alipay/WeChat Pay) → deposit RMB → buy USDT → withdraw to edgeX.

Beginners should opt for method two (CEX deposit)—wallet-based deposits involve complex cross-chain steps and higher fees.
Below is a visual guide for withdrawing 101 USDT from OKX to an edgeX address like 0x93c57911d2eE4B3cB9C12e31c3Be2f3eD71d52ba, taking under 10 minutes and ideal for starters:

【Important】When withdrawing from a CEX, select the Arbitrum chain, input your edgeX address, and withdraw over 100 USDT (approx. 700+ RMB).

Step 3: Trade to Earn Points

After your deposit arrives, start trading. Set leverage up to 100x and choose positions (buy/long or sell/short). Note the risks: Trading earns airdrop points but incurs fees and potential principal loss. Invest conservatively to avoid outweighing airdrop gains.

Step 4: Check Airdrop Points

Tap the top “Points” tab to view earnings. Points update weekly on Wednesdays (UTC), showing past volume, accumulated points, and rankings. With a small user base, even modest trades yield high returns—e.g., 225 points for 5 USDT in fees ranked 117th.

edgeX FAQ

I’m a beginner and don’t know how to trade contracts. Does edgeX have spot trading?
Start with small contract trades and low leverage. If contracts aren't suitable, wait for spot trading, launching around February 2025.
Can edgeX open long and short positions simultaneously?
Yes, create sub-accounts (Sub-Accounts) in your wallet to hold opposing positions. Switch accounts before trading for convenience.
My wallet has USDT balance but I can’t deposit to edgeX. Why?
Ensure your wallet has ARB ETH for gas fees. Without it, deposits fail. Swap tokens for ARB ETH or bridge from other chains. Alternatively, use a CEX deposit (see Step 2).

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