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V2X Arbitrum Dex Testnet

V2X is a dex on Arbitrum.

It is in the testnet phase now we can participate on the testnet and can grab Genesis crew and NFT.

This is an early project so precautions must be followed while joining early projects.

โŒ Never use Fund loaded wallet

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V2X is a perpetual dex on Arbitron.

V2X is Defi believers whose goal is to create an effective replacement for centralized entities that negate the sustainability of the Crypto Market.

They promise to provide the following facility to users:

  • Providing CEX level of UI/UX

  • The virtual liquidity pool, quoted in USD

  • Stability against market conditions

  • Fair distribution of rewards to the community

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Testnet is launched along with Trading competition.

The team has the following reward for testnet users have a look at the attached photo below ๐Ÿ‘‡

Reward
Reward

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Letโ€™s get started with task ๐Ÿ“

We have to perform the following task:

  • Whitelist your Address

  • Get Arbitrum goerli ETH

  • Trade on V2X

Whitelist your Address

  • Head Toward Discord

  • Verify Yourself and head to Wallet Submission Section

Wallet Submission
Wallet Submission

After clicking Add registration it will ask for the tester role first to submit the address.

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We have to get a tester role from their Crew event

Crew event for tester role
Crew event for tester role

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Get Arbitrum ETH

  • At first, Get goerli ETH From the Faucet

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  • Now Bridge Goerli ETH to Arbitrum ETH

Bridge Goerli to Arbitrum
Bridge Goerli to Arbitrum

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Claim Mock USD and Deposit on Collateral

  • First Go to their Website

  • Click on trade

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  • Connect wallet (if you havenโ€™t added Arbitrum goerli RPC no worry popup will appear automatically for adding Arbitrum to metamask just approve it)

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Now Click on get Mock Usd & claim

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Now Scroll down you will see Collateral List

Hit on Deposit

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Click on Approve

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Deposit all Mock USD

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Perform Trade on V2X

Perform Buy and sell using Mock USD which you deposited.

For trading competition your rank matters.

Grab much profit from your trade positions and close your positions by taking a profit.

Buy
Buy
Sell
Sell

Settling Position by closing it

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๐Ÿ“ŒMust read Trading Rules if you are thinking of participating in a trading Competition

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This is all we have to do.

If you are participating trading competition Use your Mock USD carefully cause they wonโ€™t be claimed again and again.

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