As Bitcoin ETFs gain popularity, blockchain technology and crypto assets are gaining more and more public attention. Driven by capital from Wall Street, the price of BTC recently soared to nearly $74,000. As crypto assets become more 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 fall of FTX, the failure of Genesis, a lending platform under Digital Currency Group (DCG), and the collapse of Babel Finance. These incidents have prompted regulators to increase oversight and strengthen 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 leading, globally compliant liquidity provider and digital asset manager with ~$5 billion in assets under management, edgeX serves ~30 banks and 2,000 institutions.
edgeX’s innovative modular design provides the flexibility and assembly simplicity of LEGO bricks, meeting 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 developers with programming experience and regular users to easily build 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 is comprised of seasoned professionals with extensive experience in both cryptocurrency trading and traditional finance. The team members come from prestigious financial institutions such as 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. Additionally, edgeX is backed by a leading global technology and security development team, ensuring that the platform’s performance and security are industry-leading.
edgeX Product Roadmap
The edgeX product development roadmap is as follows:
– August 2024: Launch of the main edgeX web platform
– September 2024: Launch of edgeX iOS and Android mobile apps
– October 2024: Launch of Epool edgeX and start of global roadshows
– Q4 2024: Development of edgeX ecosystem components
– Q1 2025: Launch of the edgeX L1 blockchain network
– Q2 2025: Become a Top 3 Decentralized Derivatives Platform
With its high-performance modular design, edgeX represents a significant step forward in the DeFi space, enabling the development of a more scalable and user-friendly financial system. The modular design of the edgeX product offers complete plug-and-play modules, paving the way for a more innovative and efficient financial future.
By delivering such an innovative platform, edgeX is redefining the boundaries of DeFi, providing a more secure, efficient, and user-friendly decentralized financial system for users around the world, making on-chain finance truly accessible.
Disclaimer: The information provided in this press release does not constitute a solicitation of investment and is not intended to be investment advice, financial advice or trading advice. You are strongly advised to conduct your own due diligence, including consulting a professional financial advisor, before investing or trading. cryptocurrency And securities.
