ApolloX (APX) is a decentralized crypto derivatives trading platform that offers users a range of features and tools to trade and invest in crypto perpetuals. Here's how APX is used:

APX provides two main trading options: V1 Order Book Perp and V2 On-Chain Perp. V1 supports multiple blockchains, including BNB Chain, Ethereum, Arbitrum, zkSync, Base, and Manta, offering up to 250x leverage and competitive fees. V2, available on BNB Chain and Arbitrum, offers up to 1001x leverage, zero slippage, and low fees. Both options allow users to trade a wide selection of markets, including crypto and forex pairs.

To trade on APX, users connect their decentralized wallets to the exchange and transfer tokens into the smart contract for fund custody and settlement. They can then use these funds to trade derivatives off-chain, with the profit and loss (PnL) accounted for in the ledger. After settlement, users can withdraw their funds by calling the smart contract.

APX also offers a Permissionless DEX Engine, a permissionless SDK broker solution that allows other projects to launch their own on-chain perpetual exchanges. This engine supports BNB Chain and Arbitrum networks, providing deep liquidity via the ALP pool and high leverage of up to 1001x. Partners can customize their domain, earn commissions on trading fees, and enjoy dedicated client support.

APX allows users to stake ALP to earn platform fees and staking rewards. Additionally, staking $APX in the DAO can earn more $APX. This provides a passive income stream for users who participate in the platform.

• Dual Product Offering: Users can choose between V1 order book perp and V2 on-chain perp, offering flexibility and a wide range of trading options.
• High Leverage: APX offers up to 1001x leverage for certain trading modes.
• Minimal Slippage: V2 classic mode has as low as 0.01% slippage, and Degen Mode offers zero slippage.
• Reduced Fees: APX offers competitive fees compared to other platforms.
• Trustless Environment: No third-party intermediary is required, and users can connect their DeFi wallets directly to start trading.

Overall, APX provides a robust and flexible trading platform for users to engage in crypto derivatives trading with high leverage, low fees, and minimal slippage.

To store ApolloX (APX) tokens, you have several options:

1. Exchanges' Wallets: You can store your APX tokens on the wallets provided by exchanges like MEXC or Binance. This is a convenient option, but it is generally recommended to use cold wallets for long-term storage due to security concerns.

2. Crypto Wallets: You can use dedicated crypto wallets like Trust Wallet, which support a wide range of cryptocurrencies including APX.

3. Cold Wallets: For maximum security, consider using cold wallets, which are offline and not connected to the internet. This is the safest way to store your APX tokens for the long term.

4. Atomic Wallet: The Atomic Wallet is a multi-asset wallet that supports over 1000 coins and tokens, including APX. It is trusted by 5 million users worldwide and offers private and secured storage without requiring registration or KYC.

5. Other Wallets: You can also use other wallets that support APX, such as the ApolloX Wallet App, which is available for desktop and mobile devices.

Remember to always prioritize security and choose a wallet that fits your needs and risk tolerance.

To buy ApolloX (APX) tokens, you can follow these steps:

1. Create an Account:

   • Go to a reliable centralized exchange (CEX) like Gate.io, MEXC, or Binance, and register for an account. This typically involves providing personal information and verifying your identity.

2. Verify Your Account:

   • Complete the Know-Your-Customer (KYC) and security verification processes to ensure the security of your account. This may include enabling two-factor authentication.

3. Buy a Base Currency:

• Purchase a base currency like USDT, ETH, or BNB using fiat money through the exchange's services or third-party payment platforms like PayPal or Robinhood.

4. Transfer to the APX-Supporting Exchange:

   • If the CEX you used to buy the base currency does not support APX trading, transfer the base currency to an exchange that does support APX trading.

5. Buy APX:

   • Use the base currency to buy APX tokens in the spot market. You can do this by selecting the appropriate trading pair, such as APX-USDT or APX-ETH.

Alternatively, you can also use a decentralized exchange (DEX) like Pancake Swap. For this:

1. Download and Set Up a Wallet:

   • Download a Web3 wallet like Trust Wallet and set it up. Make sure to keep your seed phrase safe.

2. Buy BNB:

   • Buy BNB as your base currency using a CEX like Binance.

3. Transfer BNB to Your Wallet:

• Transfer the BNB from the CEX to your wallet.

4. Choose a DEX:

   • Select a DEX that supports the blockchain your wallet is on, such as Pancake Swap.

5. Connect Your Wallet:

   • Connect your wallet to the DEX using your wallet address.

6. Trade for APX:

• Select BNB as the payment and APX as the coin you want to acquire. If APX is not listed, you can input its smart contract address.

Remember to be cautious of scams and ensure you are using official platforms and contract addresses.