How & Where to Buy 0x (ZRX)

Buying 0x (ZRX) for funds from your bank requires a 2-step process. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells ZRX in exchange for bitcoin or Ether.

Step 1: Buy BTC or ETH at Coinbase

Sign up and purchase bitcoin (BTC) or Ethereum (ETH) at Coinbase.

If Coinbase is not available in your jurisdiction, view our list of exchanges that sell BTC or ETH for Government issued money.

Step 2: Go to a supporting ZRX exchange:

Transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges listed below.

ALL ZRX EXCHANGES

Use 0x: Ways to send & spend ZRX

0x Price & Information

Current ZRX price and historical price chart

Technical Information

Start Date: 15/08/2017
Hardcap: 24,000,000 USD
Blockchain: ETH (ERC20)
Whitepaper

What is 0x?

0x (also known as District 0x) is an open source, peer to peer, free and decentralized protocol that allows for low friction and trustless exchange of Ethereum-based coins. It offers an ERC20-based native currency called the 0x protocol token (sym. ZRX). Basically, 0x offers a platform and set of protocols to build user-facing DApps on Ethereum network. It also allows for the creation of a number of subject-oriented “districts” that divides DApps into categories of utility. There is a fixed supply of 1,000,000,000 ZRX.

History of 0x

0x was founded by Amir Bandeali and Will Warren in 2016. In Q4 2016, the pre-alpha version of the platform was released and tested on the Ropsten testnet. The project went live in 2017 via a massively popular crowdsale on 15th April 2017, where it could be purchased using ETH. Shortly afterward, the token had obtained a market capitalization of greater than $100 million, reaching over $1 billion in January 2018. It is currently one of the most successful and popular Ethereum tokens to ever be developed.

How 0x Works

0x is basically an Ethereum-based platform which aims to bring standards to the creation of DApps on the Ethereum network. Its goal is to improve the interoperability of Ethereum DApps. Different DApps offer different Smart Contracts and tokens which can freely interact with one another if they are built upon 0x platform. The only condition is that the DApps must conform to ERC20 token development standards.

0x doesn’t offer a new network, rather it utilizes the existing Ethereum blockchain. 0x tokens (ZRX) are used to pay Relayers (think miners) who host and maintain public order books (ledger) for the 0x platform. 0x tokens are also used to maintain a DAO (decentralized autonomous organization) responsible for maintaining stability of 0x’s platform, which was also created using 0x.

Why 0x?

0x is not a DApp itself but rather a platform for the standardization of Ethereum DApps. It comes with several advantageous features with the goal of helping Ethereum DApps function more smoothly and integrate seamlessly.

  • Tokenized World: 4.2 billion tokens are running on the Ethereum network as of 2017 and this number is expected to grow faster in years ahead. A platform to bring standards to a system on the verge of chaos is highly valuable.
  • Token Interoperability: 0x standardizations allow DApps to interact and interoperate easily. With Smart Contractual DApps and DAOs being formed at an increasing rate on the Ethereum platform, 0x has great transformative potential.
  • Off-chain Ledger: 0x maintains its records separately from the Ethereum blockchain, which massively reduces the friction and the power required to be a miner/relayer. Only 0x-related transaction data is kept on the blockchain.
  • Stability of Ethereum: 0x utilizes the well-tested Ethereum network which allows for security, stability and advanced features like Smart Contracts on its platform.
  • Prominent Backers: the 0x team consists of Jeb McCaleb, inventor of eDonkey, Fred Ehsram, founder of Coinbase, and other experts of the field. With this team, the project is in well-experienced hands.
  • Native Coin: 0x offers ZRX, they native token of its platform which offers liquidity and is currently traded on leading crypto-exchanges.

Talk About 0x

2 Comments

  1. GolfrBob2018 GolfrBob2018 on January 23, 2018 at 3:51 pm

    Do you think Zrx will be available on Bittrex exchange?

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