0x Price today
0x, also known as ZRX, has a price today of 0,67$ and a market capitalization of 671.000.000$, which is 0,33% of the total. 0x has a total of 1.000.000.000 coins in circulation.
In the last 24 hours, the price of 0x has decreased -0,12$, which is -15,02% of its valuation.
What is 0x?
0x is an open, permissionless and limitless protocol that allows users to trade ERC20 tokens on the Ethereum blockchain. Its founder founded 0x in October of the year 2016. It makes people believe in a future where users will trade all types of assets as tokens publically on the blockchain platform.
The 0x project has found decentralized exchanges better and secure but there are also some problems with them. So, it tries to come up with a solution by developing a standard protocol which will be applicable to all orders relay off the blockchain.
0x has another perfect and unique Ethereum token, called ZRX. Users have to use it for the payment of the Relayer’s trading fees.
- 0x shares liquidity through a standard API. Relayers can easily collect liquidity pools.
- 0x is permissionless, open source, and free to use. Users can trade for free directly with a known counterparty. To access their liquidity pool they need to pay a relayer some ZRX.
- It’s an advanced and faster-decentralized
0x basically uses decentralized blockchain which is more advanced than Ethereum. Its main focus is on the off chain ordering relay. This reduces network bloat by cutting back on gas prices. It costs gas a fee paid in Ethereum to ensure that the miners process these transactions on the blockchain.Visit website open_in_new
|Price in BTC||0.00011029 BTC|
|Current Supply||1.000.000.000 ZRX|
|Total Supply||1.000.000.000 ZRX|
|24h Volume (coin)||676.748 ZRX|
|24h Volume (currency)||$456.101|
|Last updated||2018-08-14 20:21:27 +01:00 BST|
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