0x is a protocol for decentralised token and asset exchanges that runs on the Ethereum blockchain. Developers can use 0x to create their own apps for cryptocurrency exchanges with a wide range of functions, such as the ability to conduct trade tokens running on Ethereum outside of the exchange.
Trades are made via Ethereum smart contracts that are open and free to use, which means any DApp can be connected to it without problems. DApps built on the protocol can access public liquidity pools or create their own liquidity pools and charge a transaction commission for the resulting volume. The protocol doesn't charge users anything or extract value from one group of people for the benefit of another group.
Opportunities for traders
ZRXUSD began trading in August 2017. During the first cryptocurrency growth wave, its market capitalisation reached $2.53 million, and the token's value was $2.53.
The second cryptocurrency growth wave started in March 2020, leading ZRX's market capitalisation to reach $600 million in August. ZRXUSD's average intraday volatility is 9.7%.
How to buy and sell ZRXUSD
You can buy and sell CFDs for ZRXUSD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.