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0x Coins (ZRX): Everything you Wanted to Know before Investing!

Have you traded cryptocurrencies through cryptocurrency exchange? If yes, you must have come across 0x coins or ZRX already. It is one of the most popular token pairs the cryptocurrency exchange offers to its users who are buying and selling cryptos on their platforms. 

But what is 0x ZRX? It is nothing but a popular emerging digital asset. Why should you buy 0x tokens? These are some of the frequently asked questions about 0x. Let me walk you through the various aspects of this altcoin so that you can make a choice whether you should buy this coin.  

What Is 0x (ZRX)? How does it Work?

0x is an infrastructure protocol, allowing users in trading ERC20 tokens and other digital assets easily on the Ethereum blockchain. The best thing here is that you don’t have to rely on centralized intermediaries such as cryptocurrency exchanges for making such trades. Will Warren and Amir Bandeali are the founders of 0x protocol. They founded it in 2016. Currently, Will Warren is the CEO and Amir Bandeali is the CTO of 0x. 

0x protocol uses  a collection of open-source, publicly auditable smart contracts for achieving this functionality of decentralized exchange. These smart contracts work together for producing a trading protocol that is flexible and low friction is nature. This ensures that developers are able to weave them into their products. 

An ERC20 utility token called ZRX powers the 0x protocol. The network uses “Nodes” or “Relayers”, which:

  1. Hosts an off-chain order book, 
  2. Offers user-facing applications presenting this information,  
  3. Allows users to make, fill, and cancel transactions.

As trading protocol fees, the payments are done in terms of ZRX tokens. You can also use ZRX coins for participating in:

  • Governance of platform
  • Helping holders suggest and vote on protocols 0x changes

0x overhauled ZRX tokens in 2019. They added extra functionalities and also allowed holders of the ZRX tokens to delegate their stake to a market maker for earning rewards passively. However, in the process the holders of the token retain their voting capacity.

0x Coins (ZRX): Facts & Figures

All these facts and figures will help you to make a decision on investing in ZRX:

  • ZRX price: US$1.03 (as of Oct 7, 2021)
  • Trading Volume (24h volume): US$77,472,000 (as of Oct 7, 2021)
  • All-Time High (ATH) Price: US$2.53 (reached on Jan 09, 2018)
  • All Time Low (ATL) Price: US$0.104 (reached on Aug 16, 2017)
  • 24h Low: US$0.996 (as of Oct 7, 2021)
  • 7d Low: US$0.8854 (as of Oct 7, 2021)
  • YTD (Year-To-Date) Return: 171.85% (Jan 1, 2021 to Oct 7, 2021)
  • Market Cap: US$871,226,261
  • Crypto Rank (in terms of market cap): 108
  • Fully Diluted Market Cap: US$1,030,620,354
  • Max Supply: 1,000,000,000
  • Total Supply: 1,000,000,000
  • Circulating Supply: 845,341,601.79 ZRX (85%)

What Makes 0x Unique?

  1. One thing that is unique about 0x is that it supports both fungible tokens (such as ERC20) and NFTs or Non Fungible Tokens (such as ERC-723). This is significantly different from many other Ethereum decentralized exchange protocols. You can use 0x for the permissionless trading of multiple digital assets. Therefore, as a holder, you can buy, sell, and exchange a wide array of Ethereum assets via different types of apps. 

  1. 0x has multiple use cases such as:
  • eBay-style marketplaces for digital goods and services
  • OTC trading desks
  • Exchange functionality for DeFi protocols
  • Decentralized exchanges

  1. You can use 0x for building products where exchange of digital assets is not the main thing. In-game purchases and portfolio management platforms can be built with 0x.

How Is the 0x Network Secured?

As 0x has been developed on top of the Ethereum blockchain, network security is maintained through a combined effort of both:

  • Massive Ethereum miner
  • Node network

0x Price Prediction

Currently as of October 7, 2021, the price of each ZRX is US$1.03. The price predictions for ZRX tokens are:

  • By 2021-end, the 0x price is expected to be anywhere around US$2.43. 
  • By 2024, the ETH price is likely to be anywhere around US$3.08. 
  • By 2025-2026 (in the next 5 years), the 0x price is likely to be anywhere from US$4.4 to US$22. 

Where Can You Buy 0x (ZRX)?

You can buy ZRX in almost all reputed cryptocurrency exchanges including:

  1. Coinbase Pro
  2. Binance 
  3. BitMax and more than 200 crypto exchanges.

You can use credit cards, debit cards, or bank account transfers to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 

The most popular price pairs of ZRX are:

  • ZRX / BTC
  • ZRX / USDT
  • ZRX / ETH
  • ZRX / USD
  • ZRX / EUR
  • ZRX / KRW

What are the Best Crypto Wallets to Store 0x Coins (ZRX)?

The best 0x wallets to store 0x ZRX tokens are:

  • Atomic Wallet (Desktop, Mobile wallet)
  • Ledger Nano S (Hardware wallet)
  • Ledger Nano X (Hardware wallet)
  • MyEtherWallet (Web wallet)
  • Trezor Wallets (Hardware wallet)
  • Coinbase Wallet (Mobile wallet)
  • MetaMask (Browser Extension)

Invest in 0x Coins (ZRX) and Other Cryptocurrencies

You can buy and sell 0x coins (ZRX) and other cryptocurrencies against various fiat currencies (US Dollar USD, British Pound, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs, and bitcoin cash markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 

You can also diversify your crypto coin portfolio by including other cryptocurrencies such as BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others. 

Also, invest in various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. 

Invest in NapBots: A Dynamic Cryptocurrency Index

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NapBots provides you various indices that include a basket of tokens with high market capitalization and are categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.

The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a monthly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 

Get started with crypto-asset investing by investing through, a dynamic crypto index for expanding diversified exposure to bitcoin and leading crypto-assets at reduced financial barriers and no human error.