edgeX to launch EDGE token with a 100,000 token offering

Decentralized derivatives trading platform edgeX is set to launch its native EDGE token, with trading scheduled to open at 20:30 UTC today. The launch is accompanied by an airdrop and a 100,000 EDGE token offering on the MEXC Launchpad platform, providing early access for new and existing users.

According to an announcement from the MEXC exchange, the offering is structured to incentivize new user acquisition and platform activity. The launchpad event features three distinct subscription pools with varying discounts and eligibility criteria, creating a multi-tiered entry for interested participants.

The offering is divided into three parts:

A 40,000 EDGE pool exclusively for new users at a price of 0.35 USDT, a 50% discount from the 0.70 USDT reference price.
A second 40,000 EDGE pool open to all users at approximately 0.45 USDT, representing a 30% discount.
A final 20,000 EDGE pool available for subscription with USD1 tokens at a price of roughly 0.45 USD1.

Participation in all pools is contingent upon completing Advanced KYC verification, maintaining a net deposit of at least $100, and meeting minimum trading volumes in both spot and futures markets. For new users, the requirement is at least 100 USDT in spot and 10,000 USDT in futures trading. For other pools, the futures trading requirement increases to 20,000 USDT.

The launch of the EDGE token is expected to create significant initial price volatility as airdrop recipients and launchpad subscribers decide whether to hold or sell their newly acquired tokens. The event will likely increase awareness for the edgeX platform, but the token's long-term performance will depend on its utility within the ecosystem and the project's ability to attract and retain a user base. To further encourage participation, MEXC is also offering a 5 USDT futures bonus for each successful referral to the Launchpad.

This article is for informational purposes only and does not constitute investment advice.