0x's price today is $0.43 USD, with a 24-hour trading volume of $33,341,173 USD. ZRX
is down -0.06% in the last 24 hours. 0x is currently ranked #211 with a
market capitalization of $369,839,567 USD.
0x is an open, decentralized protocol where Ethereum based tokens and assets can be exchanged. Developers can at any time build their decentralized exchange apps on the 0x platform where all transactions/exchanges are executed through a smart contract with payment settled using 0x tokens called ZRX. Apart from using ZRX tokens for payment, they will be used as votes when it comes to 0x protocol update.
0x brings about decentralization by doing away with the problems that is systemic with centralized exchange: that of fraud and a possibility of users being front ran. By running on Ethereum, 0x protocol also brings standardization especially with Dapps which often vary in quality because the best practices to be adopted are not aligned.
With 0x, all trade orders are relayed off the chain and will only be chained when it is needed for completing that order. This way, processing fees goes down and improves the efficiency of the main chain.
Release Date: August 8, 2017
What type of cryptocurrency is 0x?
The ZRX token on the 0x network is classified as a type of Currency.
What is 0x All-Time High price (ATH)?
On January 13th, 2018 12:00:00 AM, 0x hit a historic high of $2.50 USD.
It has been about 6 years ago since 0x reached its peak.
What is 0x All-Time Low price (ATL)?
On March 13th, 2020 02:27:49 AM, 0x reached a bottoming price of $0.1206670000 USD.
About 3 years ago has passed 0x has seen such a low price.