DeFi protocols on CoinEx - 0X Protocol (ZRX)

0x protocol is a public protocol designed to allow a peer to peer exchange of tokens on the Ethereum blockchain. The OX protocol was built on an off-chain order impart with on-chain arrangement. The protocol signs orders, made the settlement and transmits it to the blockchain.

0x Protocol enables decentralized loans. 0x Protocol has built an ecosystem that accommodates lenders and borrowers by allowing themselves to organize and determine the market price and conditions for their loans.

0x Protocol is a wide project doing absolutely well in the industry. Ever since the project was launched, they have coherently built different projects on the 0x protocol. Some of them are DeversiFi, Radar, and ParaDex.

Why 0x Protocol so Important?

The centralized stock market is only built on trust and once this trust faded away, the system became obsolete. The centralized system is facing many challenges and it is unreliable. The world adoption of cryptocurrency is growing and we can't be depending on banks to buy cryptocurrency or depending fully on centralized digital exchange to trade cryptocurrency nor depending on these centralized stock markets to acquire loans because they are not effective and any of them can fail and stop working any time. Frankly speaking, decentralized exchange and decentralized stock markets is simply the solution to the challenges facing centralized stock markets, no tax, nor centralized authority. The 0x protocol has built an open-source decentralized exchange that has an exceptional features making it better than other Ethereum-built DEXes.

Advantages of 0x Protocol over other Ethereum-built DEXes

0X protocol enables its users to send a token and also cancel orders without any correlated gas fee unlike the other Ethereum-built DEXes doing the opposite.

The 0X protocol permits interactivity between DApps. This feature helps in promoting the liquidity of the networks.

0X Coin (ZRX)

The ZRX Coin is the digital currency of Ox Protocol, it was launched in 2016 and it can be utilized in 0x ecosystem.

0x Coin (ZRX) Statistics

0x Price - $0.473357
0x ROI - 323.68%
Market Rank - #50
Market Cap - $340,937,487
24 Hour Volume - $51,195,786 USD
Circulating Supply - 720,255,196 ZRX
Total Supply - 1,000,000,000 ZRX
All Time High - $2.53 (Jan 09, 2018)
All Time Low - $0.103962 (Aug 16, 2017)

Use Case of ZRX

• The 0X coin (ZRX) can be used for governance functions within the 0x ecosystem. ZRX can be used for voting on protocol upgrades.

• The ZRX coin can as well be used by relayers to create liquidity pools.

• Holders of ZRX can earn liquidity rewards shared by liquidity providers

• ZRX coin enables holders to make decisions about the development of the 0x protocol.

How to Buy ZRX Coin

If you want to be a decision maker in 0x Protocol, or you want to be earning some liquidity rewards, just buy ZRX and hold. As a cryptocurrency trader, trading of ZRX should be also put into consideration. ZRX is a strong coin from a strong project, its value is really gaining ground in the crypto market.

To purchase ZRX Coins, check on CoinEx Exchange. This is simply the best exchange for whosoever that want to be trading ZRX. The price of ZRX is far better on CoinEx and there is enough liquidity on the ZRX market.

BUY, SELL, TRADE ZRX ON CoinEx NOW!

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