πŸ’°$100,000 Binance Web3 Wallet Trading Campaign Tutorial

APX Finance is thrilled to partner Binance Web3 Wallet to offer $100,000 APX trading rewards! This step-by-step guide will teach you how to trade perpetuals on APX V2 on-chain DEX via the Binance Web3 Wallet to earn $APX.

Read this announcement for more details on the campaign rules and rewards: [link].

Visit this link to see the campaign landing page: [link]

How to participate from campaign landing page

The campaign landing page shows you the dates and time periods of the weekly rounds, the reward pools, your trading volume + eligibility status and the volume leaderboard.

To navigate to APX V2 trading, tap [Trade] on the bottom left. You will be automatically directed to APX V2 homepage.

Step-by-Step Tutorial

Step 1: Create your Binance Web3 Wallet

Download the Binance mobile application from Apple App Store or Google Play Store. Sign up for a new Binance account. Skip this step if you already have a Binance Web3 Wallet.

After your account is created, tap on [Wallets] on the homepage. Then, tap on [Web3] and create your wallet.

After your wallet is created, you can add funds into your Binance Web3 Wallet. Tap [Receive]. You can choose to move funds from Binance exchange into your Web3 Wallet, or receive crypto from other DeFi wallets.

Step 2: Access the APX dApp on Binance Web3 Wallet

In the navigation bar, tap [Discover] to see supported dApps. Look for APX Finance under [Trending DApps]. Open the APX dApp.

You will be brought to the APX v2 homepage by default.

Step 3: Connect your Binance Web3 Wallet to APX V2

Connect your Binance Web3 Wallet to APX v2 to start trading. Select [Connect]. A pop-up window will appear. Select [Binance Web3 Wallet] to connect your wallet.

Before trading, you have to select a margin asset. For example, if you choose USDC, you'd be prompted to tap [Approve USDC]. Tap [Approve]. No registration or deposits are needed.

APX v2 supports multiple margin assets aside from USDC. Tap on the margin asset dropdown menu to see the full list.

Now, select your preferred network and trading pair. Tap the blockchain icon on the bottom right to see the supported V2 networks. Tap the trading pair dropdown menu on the top left to see the trading pairs available.

Tap the leverage pencil icon to adjust leverage. APX V2 currently offers up to 1001x leverage for BTCUSD and ETHUSD. All other crypto trading pairs and forex trading pairs have a maximum leverage of 75x and 200x, respectively. Take profit/stop loss functions are also supported.

Step 4: Trade any perpetual contract on APX V2

To open a position, select long/short, your preferred trading pair, leverage, margin amount and set your TP/SL. For this example, tap [Long BTC] to open a position. Tap [Confirm] to place your order.

A pop-up window will appear while your order is being confirmed. When the window states [Confirmed Success], your order is successfully placed.

Step 5: How to close positions

You can view your open positions under [Positions]. To close your position, click on the [Close all] button. If you have more than 1 position, you can select which positions to close individually. A pop-up window will confirm your closing of position.

You can now start trading on APX v2. Happy trading!

Campaign Rewards

To qualify for rewards, participants have to trade perpetuals on APX V2 via Binance Web3 Wallet and fulfill the following criteria:

  1. Weekly Welcome Rewards ($20,000 APX): All new and existing traders who trade perpetuals on APX V2 and hit a minimum of 5,000 USD trading volume will equally share this pool. Capped at $10 APX per participant.

  2. Weekly Volume Rewards ($5,000 APX): The top 10 traders by volume who have traded at least 5 million USD trading volume will split this pool. Volume rewards are open to both new and existing traders.

Ranking

Reward (APX)

1st

$2000

2nd

$1000

3rd

$700

4th

$500

5th

$300

6th

$200

7th

$100

8th

$100

9th

$50

10th

$50

APX v2 supports up to 1001x leverage.

  • With a capital of 50 USD and 100x leverage, your trading volume is 5,000 USD. This is the requirement to obtain the welcome reward.

  • With a capital of 5,000 USD and 1001x leverage, your trading volume is 5,005,000 USD. To obtain the volume reward, you need a minimum trading volume of 5,000,000 USD and be in the top 10 traders by volume.

For further questions or help, visit the APX Telegram Community: https://t.me/apolloxchange/149756

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