zrx

Trade 0x (ZRX) on Beaxy

The 0x (also known as ZRX) Token is a decentralized cryptocurrency that can be used for transactions on the Ethereum Blockchain. In addition, similar to Ethereum, 0x (ZRX) Tokens are created by maintaining and running the 0x platform.
I give I get
USDC

=

I get
0.0
 zrx
ZRX profile

Features of 0x (ZRX)

Open-sourced and Decentralized
0x (ZRX) has an open-source protocol that allows anyone to examine its code and help fix any issues that may be found in it. 0x (ZRX) Tokens can be exchanged without the reliance of third-party entities for verification.
Smart Contracts
The 0x (ZRX) exchange implements the use of smart contracts, which allows users to perform a number of tasks directly and without any interference from third-party entities or middlemen.
ERC-20 compatibility
The 0x (ZRX) exchange is fully compatible with ERC-20 tokens, which is quite popular on the Ethereum platform. This makes it compatible with almost all tokens that are currently tradable on Ethereum.
Scalability
The 0x (ZRX) platform allows for the capability for more trades to take place in a certain order without slowing down the Ethereum Blockchain. It does this by keeping unnecessary data outside of the network.
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions mobile

ZRX Technology

The 0x (ZRX) Token is a type ERC-20 Token that was primarily created to allow for the easy use of the protocol 0x platform. The 0x (ZRX) Token is part of the 0x project which was created by Will Warren and Amir Bandeali in October 2016. Since then, the 0x has undergone a series of changes to address the requirements of the ever-growing decentralized exchange scenery.
As of writing this, the 0x project has sold a total supply of 1,000,000,000, ZRX tokens with almost 150,000 holders. The functions carried out in the 0x platform fully depend on a large communication structure with intertwined smart contracts. With this structure, developers can use and adapt their DApps to the technical needs to access 0x (ZRX) as well as the benefits that go along with it. The structure of the 0x project consists of Relayers and Extensions
Relayers Relayers (often known as Exchanges) process the transactions and requests made by clients on the network. Relayers act as intermediaries between the creators of exchange or order and the interested participant. Simultaneously, the Relayers maintain the online order book. This means that the Relayers have the task of overseeing the entirety of the operations that are being carried out in the network.
Relayers usually have two ways of operating within the network. The first one is through peer-to-peer communication (P2P). Here, the owners of the 0x (ZRX) Tokens do not need the intervention of a third-party entity in order to receive verification of a transaction from the Blockchain. Instead, they would use the 0x smart contract, where each user can create their own order and advertise it the way they want.
With the built-in 0x smart contract, when another participant would want to accept an order, they would just accept the order and execute it. From here, they would use the 0x smart contract to finalize the exchange without a third-party intermediary.
The second way of operating is through the order of transmission. This basically involves Relayers taking in exchange orders, displaying them, and waiting for interested participants to accept them. This would categorize the Relayers’ function as an intermediary as they display the details of exchange orders to other users. Extensions With the rising popularity and growth of decentralized exchanges, a need for various changes grew with it. This is why the 0x platform can extend its functionalities with the help of extensions. With this, the 0x platform is able to use what it calls the ‘extensions contract’. Basically, extension contracts are a type of smarts contract that extends how 0x orders can be carried out.
For example, an extension contract in the 0x network can do certain tasks or functions depending on its users. Extension contracts can also be used to confirm the specific group that users belong to. Extension contracts can also be created to merge multiple decentralized finance projects.

How to mine 0x (ZRX)?

One of the main reasons why many would prefer to mine cryptocurrency instead of buying them on trading platforms is that mining is the most profitable in the long term. However, 0x (ZRX) Tokens, as well as most ERC-20 type tokens cannot be mined through popular methods. This also includes the Proof-of-Work (PoW) mining method. Proof-of-Work mining creates and controls the currency through the use of running an arithmetic code to verify a transaction, meaning there is an absence of a central mint. In the case of 0x (ZRX) tokens (or almost all ERC-20 type tokens), it is a part of the Ethereum platform which has a centralized owner. While there have been numerous attempts to mine 0x (ZRX) and most ERC-20 type tokens, many had been done in vain. This is because most of the attempts had not added the ability to adjust the difficulty target when mining. Though, in February 2018, the 0xBitcoin contract was rolled out that had the ability to automatically adjust the difficulty mechanism in the solidity contract. Here, similar to Bitcoin, tokens become harder to mint as the mining hash rate increases. This allowed users to create ERC-20 type tokens. This also meant that while 0x (ZRX) Tokens as well as all ERC-20 token types couldn’t be mined, they could be automatically distributed through smart contracts built on Ethereum. However, keep in mind that purchasing 0x (ZRX) Tokens are easily available in a vast majority of exchanges, so finding them will be of no problem.

Risks of 0x trading

There will always be an inherent risk when trading with any cryptocurrency. However, it is always up to you to decide whether the investment is worth it. This can be done through proper risk management and adequate research. While the advantages of trading 0x (ZRX) coins can outweigh the risks, the ones listed below are pointers that traders must be aware of. Code-based reliability Its non-existing reliability for third-party entities can be a double-edged sword. 0x (ZRX) Tokens use features such as multi-signature contracts in its coding in order to ensure anonymity and security. While it is a fairly secure method, an error in the coding could make it prone to being exploited. An example of this can be the DAO hack in June 2016 which affected nearly $50 million worth of Ether tokens. Non-refundable Due to the security system as well as the anonymity provided, transactions can be very hard to track and refund after the transaction has been carried out. While it isn’t the issue with 0x (ZRX) network themselves, it must be noted that transactions should be thoroughly reviewed before carrying it out. Low volatility Decentralized exchanges usually have a low number of people participating in it. Unlike Bitcoin, Litecoin, and Ethereum, which have surged in popularity, 0x (ZRX) Tokens can be a rather obscure cryptocurrency to invest in. As such, the value of 0x (ZRX) could remain the same for long stretches of time, making it an impracticable investment at certain periods.
 zrx
shadow
shadow
Invest

ZRX on Beaxy

Trade other cryptocurrencies on Beaxy

USDC is a stablecoin and its value is anchored to that of the United States Dollar.

ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.

BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.

NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.

XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.

Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.

Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.

Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.

EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.

You can easily move in and out of Bitcoin Cash on Beaxy. Swap Bitcoin Cash for Bitcoin directly by placing an order on the exchange.

BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap Beam and Bitcoin on Beaxy.

DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.

Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.

AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.

MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.

ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.

VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.

WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.

ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.

TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.

GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.

Chainlink (LINk) is a decentralized oracle network that connects smart contracts on its platform to verifiable data hosted by nodes on the network.

Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.

NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.

POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.

FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.

ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.

USDC is a stablecoin and its value is anchored to that of the United States Dollar.

ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.

BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.

NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.

XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.

Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.

Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.

Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.

EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.

You can easily move in and out of Bitcoin Cash on Beaxy. Swap Bitcoin Cash for Bitcoin directly by placing an order on the exchange.

BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap Beam and Bitcoin on Beaxy.

DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.

Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.

AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.

MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.

ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.

VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.

WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.

ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.

TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.

GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.

Chainlink (LINk) is a decentralized oracle network that connects smart contracts on its platform to verifiable data hosted by nodes on the network.

Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.

NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.

POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.

FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.

ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.

Trade 0x (ZRX) on Beaxy
Start trading on a professional exchange built on a powerful engine.