LogX is a decentralized Futures trading platform with high revenue potential and hence airdrops. Airdrops favor high volume traders and those we can find underfarmed avenues.
| Expected Rewards: $$$ Time Spent: 1-4 hours monthly Status: Mainnet Live Airdrop confirmed Platform: Orderly Network | Futures trading platform with high revenue potential and hence airdrops. Airdrops favour high volume traders and those we can find underfarmed avenues. Key Objectives: * Trade on LogX and gain $LOGX * Rank on Leaderboards to get massive bonuses Tips: * Try to farm on different chains, especially those with minimal volume * Look out for weekly boosts and leaderboards |
One of the most exciting opportunities for crypto traders: the LogX airdrop. Both LogX Mainnet and Testnet are now LIVE. If you’re interested in trading perpetuals on-chain and earning from airdrops, this guide will help you navigate through the essential platforms and strategies you need to maximize your returns.
What is LogX?
LogX is a broker on Orderly Network’s ecosystem, which is renowned for its high-speed transactions and deep liquidity, making it an ideal platform for decentralized finance (DeFi) trading. In addition to offering robust trading infrastructures, LogX is funded $6.1M by top VCs like Coinbase, Sequoia, Hashed, etc. which further cements its credibility in the market.
Why Participate in LogX Airdrops?
Participating in LogX airdrops not only helps you get exposure to crypto trading without risking real money but also provides opportunities to earn rewards and other incentives. These airdrops are an excellent entry point for both novice and experienced traders looking to maximize their earnings.
Understanding LogX Platforms
LogX operates primarily on two platforms: LogX Pro and LogX OG. Here’s a breakdown of each:
- Exclusively for perpetual trading.
- Maximizes efficiencies in terms of transaction fees and speed.
- Requires USDC for collateral and positions.
- Supports various Ethereum Layer 2 chains.
- Allows deposits of both USDT and USDC as collateral.
- Offers liquidity pools where you can deposit stable coins to earn yields and airdrops.
Step-by-step guide of LogX airdrop:
1. Choose the Right Platform
- Decide whether LogX Pro or LogX OG suits your trading style and needs.
- LogX Pro is ideal for traders focusing on efficiency and speed.
- LogX OG is better for those looking to diversify across multiple chains and participate in liquidity pools.
2. Set Up Your Account
- Create an account on LogX and choose the appropriate platform.
- Deposit the necessary collateral (USDT or USDC).
3. Trade for Airdrops
- On LogX Pro: Engage in perpetual trading. Using USDC, open and close positions to boost your trading volume.
- On LogX OG: Deposit stable coins in liquidity pools and actively trade on supported Ethereum Layer 2 chains.
4. Participate in Competitions
- LogX often runs trading competitions with lucrative rewards.
- For instance, the Arbitrum Trading Rush offers significant incentives:
- 1st place: Earn 100,000 $ARB
- 2nd place: Receive 60,000 $LogX
- Top 50 traders share a pool of 40,000 $LogX
- Daily top trader earns 500 $ARB
- Even if you don’t rank in the top 50, trading consistently can still earn you part of a pool of 20,000 $LogX
5. Utilize the Incentivized Testnet
- LogX’s Testnet allows you to participate without using real money.
- Engage in Testnet activities like trading perpetuals and using the predictions market to earn rewards.
- Monitor your progress and tasks via the Lumix dashboard to ensure you qualify for the airdrop.
6. Apply Referral Codes
- Make sure to use referral codes: 6557F138 for additional benefits like a 10% trading fee rebate.
- Always check and apply the referral code to ensure it’s active.
More details about LogX Airdrop by senior analyst, Angela Wang from Boxmining:
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