0x's own Ethereum token (ZRX) is used to pay trading fees to relayers, which are used to connect makers with takers.
Is ZRX coin a good investment?
0x (ZRX) Overview According to our 0x price prediction, ZRX price is expected to have a 0.93% decrease and drop as low as by December 23, 2023. Our technical indicators signal about the Neutral Bullish 54% market sentiment on 0x, while the Fear & Greed Index is displaying a score of 70 (Greed).
What currency is ZRX?
0x (zrx) is a cryptocurrency that works as an Ethereum token. It is used as a backing commodity for the 0x protocol. The 0x protocol allows the trading of Ethereum tokens.
What is the name of ZRX coin?
ZRX is the digital asset token used to pay Relayer fees and participate in the governance of the 0x protocol. It is built on Ethereum in accordance with the ERC20 standard for tokens. ZRX can be bought and sold for fiat currency or other digital currencies.
What does ZRX crypto do?
ZRX is a utility token that is used to reward relayers with trading fees for hosting an order book.
Why do wallets start with 0x?
The 0x protocol is designed to enable hassle-free trading of ERC20 tokens and other assets on the Ethereum blockchain, without relying on centralized intermediaries such as traditional cryptocurrency exchanges.