0x is a protocol that facilitates the exchange of ERC20 tokens. Anyone can use 0x to work with a decentralized exchange.
The protocol allows you to relay ERC20 tokens between users in a safe and fast mode using Ethereum smart contracts. Ultimately, all assets, including fiat, goods, stocks, could potentially be represented as a token. The purpose of the protocol is to use any Ethereum tokens effectively.
ZRX has two main functions:
Two well-known crypto enthusiasts Amir Bandeali and Will Warren united their efforts to create the 0x protocol and, as a consequence, the ZRX cryptocurrency.
The work on the ZRX cryptocurrency project was launched in 2016 when Bandeali and Warren put together a team of professional programmers who wanted to develop and popularize cryptotechnologies. Almost at the same time, the first based on 0x technology solutions smart contracts were launched. At that time they worked in test mode.
Since 2017, the development team has expanded. It was marked by the release of several test versions of smart contacts and the implementation of improvements in the 0x work. In the summer of 2017, the creators of this crypto project organized the first ICO. Thanks to this stride, they managed to raise about $24 million and finance the next steps to promote and refine their brainchild.
Let’s say you want to buy 0x. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy ZRX.