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Detailed Tutorial on How to Obtain EdgeX Early Airdrop Points from Scratch

#欧易怎么转账#Defi小白教程#欧易爆仓规则#比特币交易策略#怎么发行NFT1
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edgeX is a newly launched decentralized exchange (DEX) that combines the features of centralized exchanges (CeFi) with the security and transparency of decentralized finance (DeFi). It operates on the Ethereum mainnet and allows users to deposit funds via the Arbitrum chain, ensuring that all assets are ultimately stored on Ethereum for maximum security. The platform is backed by the Amber Group, a prominent player in digital asset trading and liquidity provision. edgeX aims to become a strong competitor in the market, especially following the anticipated airdrop and success of Hyperliquid. Users can earn points through trading, which may later be converted into tokens. The tutorial for using edgeX includes steps for registration, making the first deposit, trading to earn points, and checking earned points. It is recommended for new users to start with a minimum deposit of $100 to earn points. Additionally, edgeX offers features like leverage trading and the ability to create sub-accounts for simultaneous long and short positions. Common questions include the availability of spot trading (expected in 2025) and the need for a small balance of Arbitrum ETH for transaction fees. The platform has launched an ongoing Points Alpha season, encouraging users to participate and earn rewards.

Introduction to edgeX Background#

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 on-chain financial infrastructure for liquidity and 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, HTX, and are developing multiple applications based on trading and liquidity.

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Security of edgeX#

The edgeX account system is built on the ETH mainnet. To facilitate users, it supports deposits through the lower gas fee ARB chain and allows free cross-chain transfers of funds to the mainnet via its own liquidity pool. Regardless of which chain users deposit through, the final funds are stored on Ethereum ETH to maximize 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 exchange, 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, with product capabilities on par with Hyperliquid.

Did You Know: Amber Group is a leading global provider of digital asset trading, asset management, and infrastructure. As a core participant in the market, Amber Group is also one of the largest liquidity providers and validators for mainstream exchanges and hundreds of crypto projects.

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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 focus on trading on edgeX 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 a mobile browser. Note: You must use a mobile browser; the email input box may not display on a computer.

  1. Enter a commonly used email address and click the “Confirm” button—> Enter the 6-digit verification code received in your email to complete registration.
  2. Click the “Android APK” download link 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.
  3. After installation, click “Connect” on the homepage and select “Email Login.”

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Step 2 Complete Initial 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 for beginners to 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 assets like USDT), 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 for newcomers to 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):

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【Note】When withdrawing from CEX, be sure to select the Arbitrum chain, and the address must be the edgeX address, with the USDT amount needing to 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 offers point rewards, it also involves fees and potential loss of principal, so avoid over-investing.

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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 (ranking 117), with a fee loss of about $5, which is relatively cost-effective.

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Common Questions about edgeX#

  1. 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.

  2. Can edgeX open both long and short positions?
    You can create sub-accounts through your wallet to hold both long and short positions simultaneously. Switch to the corresponding account during operations for a good experience.

  3. My wallet has a USDT balance, but I 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 unfamiliar, it is recommended to use Method 2 to deposit from CEX.

🔥🔥🔥 Useful Tools for Alpha Finding#

1️⃣ Axiom Dog Tool https://axiom.trade
2️⃣ Gmgn Dog Tool https://gmgn.ai
3️⃣ dbot Dog 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.

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