edgeX is at the forefront of DeFi innovation, pioneering a high-performance, modular financial system.
As
Bitcoin
ETFs
gain
approval,
blockchain
technology
and
crypto
assets
are
increasingly
capturing
the
public’s
attention.
Driven
by
Wall
Street
capital,
BTC’s
price
recently
surged
to
nearly
$74,000.
As
crypto
assets
move
further
into
the
mainstream,
choosing
a
secure
and
reliable
platform
to
buy
and
hold
these
assets
has
become
crucial.
In
recent
years,
several
crypto
trading
and
asset
management
platforms
have
collapsed—such
as
the
downfall
of
FTX,
the
default
of
Genesis,
a
lending
platform
under
the
Digital
Currency
Group
(DCG),
and
the
collapse
of
Babel
Finance.
These
incidents
have
prompted
regulators
to
tighten
oversight
and
reinforce
Know
Your
Customer
(KYC)
requirements.
However,
another
solution
is
to
turn
to
fully
decentralized
platforms.
Due
to
their
decentralized
and
non-custodial
nature,
these
platforms
do
not
require
KYC
or
regulatory
oversight,
allowing
them
to
operate
autonomously
on-chain,
ensuring
user
safety.
This
is
precisely
what
edgeX
aims
to
achieve
by
building
a
fully
decentralized
financial
system.
edgeX:
A
High-Performance
Modular
Financial
System
edgeX
is
a
high-performance,
modular
financial
system
designed
to
help
users
build
decentralized
finance
(DeFi)
products
effortlessly,
even
without
coding
knowledge.
Incubated
by
Amber
Group,
a
globally
leading,
compliant
liquidity
provider
and
digital
asset
manager
with
approximately
$5
billion
in
assets
under
management,
edgeX
serves
around
30
banks
and
2,000
institutions.
The
innovative
modular
design
of
edgeX
offers
the
flexibility
and
simplicity
of
assembling
LEGO
bricks,
catering
to
the
diverse
needs
of
different
users.
The
platform’s
modules
are
designed
with
minimal
barriers
to
entry,
ensuring
high
performance
and
scalability
for
all
users.
edgeX
integrates
multiple
modules,
including
trading,
liquidity,
lending,
insurance,
leverage,
UI/UX,
and
wallets.
This
allows
both
developers
with
programming
experience
and
regular
users
to
easily
create
their
own
DeFi
products,
fostering
an
open
financial
ecosystem.
The
official
trading
platform,
edgeX
exchange,
will
fully
demonstrate
the
powerful
capabilities
of
this
modular
system
by
seamlessly
combining
various
features
and
interactions,
providing
users
with
a
convenient
experience
similar
to
that
of
a
centralized
exchange
while
ensuring
the
security
of
their
assets.
The
Team
and
Technical
Expertise
Behind
edgeX
The
edgeX
team
comprises
seasoned
professionals
with
extensive
experience
in
both
cryptocurrency
trading
and
traditional
finance.
The
team
members
hail
from
prestigious
financial
institutions
like
Morgan
Stanley,
Barclays,
Goldman
Sachs,
and
Bybit
and
bring
over
seven
years
of
experience
in
exchange
operations.
Since
2017,
the
team
has
facilitated
trading
volumes
of
up
to
$2
trillion.
Moreover,
edgeX
is
backed
by
a
top-tier
global
tech
development
and
security
team,
ensuring
the
platform’s
performance
and
security
are
at
the
forefront
of
the
industry.
edgeX
Product
Roadmap
The
edgeX
product
development
roadmap
is
as
follows:
–
August
2024:
Launch
of
edgeX
mainnet
Web
platform
–
September
2024:
Launch
of
edgeX
iOS
&
Android
mobile
apps
–
October
2024:
Launch
of
edgeX
Epool
and
commencement
of
global
roadshows
–
Q4
2024:
Development
of
edgeX
ecosystem
components
–
Q1
2025:
Release
of
edgeX
L1
blockchain
network
–
Q2
2025:
Become
a
top
3
decentralized
derivatives
platform
Through
its
high-performance
modular
design,
edgeX
represents
a
significant
breakthrough
in
the
DeFi
space,
promoting
the
development
of
a
more
scalable
and
user-friendly
financial
system.
The
modular
product
design
of
edgeX
offers
comprehensive
plug-and-play
modules,
paving
the
way
for
a
more
innovative
and
efficient
financial
future.
By
offering
such
an
innovative
platform,
edgeX
is
redefining
the
boundaries
of
DeFi,
providing
a
safer,
more
efficient,
and
more
user-friendly
decentralized
financial
system
for
users
worldwide,
making
on-chain
finance
truly
accessible.
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading cryptocurrency and securities.
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