0x is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain. 0x team has created ZRX token with the goal to drive decentralized exchange. This protocol involves smart contracts from ETH making it possible to exchange the ERC-20 tokens in the Ethereum blockchain.
ZRX token has existed since 2016 and already gained some popularity among cryptocurrency traders. The mechanism of operation of ZRX tokens is not only in cryptocurrency trading. ZRX tokens are also used on the 0x network to reward members and to vote on 0x decisions and development. Therefore, this creates additional demand for the asset.
Also, ZRX is built on top of the Ethereum blockchain - that’s why it is protected against attacks by the combined efforts of the massive Ethereum miner and node network. The asset is gaining popularity in crypto trading and is ranked in the top-55 cryptocurrencies.
Sometimes you may hear people asking, “what is 0x (ZRX) coin?”. But the thing is that there is a difference between coins and tokens. Coins are native to their own blockchain. Tokens are built on top of another blockchain, just like ZRX is.
How it works?
How to buy ZRX with a credit card in a few clicks?
One of the easiest ways to get cryptocurrency is a purchase with a debit or credit card. Cryptocurrency platforms understand the importance of such tools and make a lot of effort to ensure that such purchase transactions are done in the shortest possible time.
If you want to buy cryptocurrency with your card, you need to select a platform that supports not only cryptocurrency assets, but also fiat money. This is an important point!
For example, using CEX.IO Instant Purchase service, you can buy ZRX for USD, EUR, GBP, or RUB fiat currencies. The delivery of the coin to your account will be just immediate. Any Visa or Mastercard card can take place in such buy operations with CEX.IO Buy/Sell tool.
The principle of operation is extremely simple. You need to select the currency to buy, then indicate the amount of US dollars or other fiat currency you will use to buy cryptocurrencies. Alternatively, enter the amount of 0x you want to buy - and you will see how much fiat you’ll need to pay for it. The press “buy”, fill in the card information, confirm a purchase - and that's all!
It is also possible to top up your CEX.IO account with a debit or credit card for the future cryptocurrency purchase on the exchange.
It doesn’t matter what your card's currency is because the deposited amount in local currency will be converted to the deposit currency you select on CEX.IO. Just go to the Finance section, choose fiat currency for the deposit (USD/EUR/GBP/RUB), and press the “Deposit” button. If deposit currency differs from the specified one, your funds will be converted to the deposit currency at your bank’s current exchange rate.
Please note: before making the first deposit, you need to link your card to your CEX.IO account and make sure that your bank accepts operations with cryptocurrencies. After you'll get your card verified - you can top up your balance. Then, when you'll get a fiat-positive balance - go to the Trade page and buy ZRX placing the corresponding order for the purchase.
Where to buy 0x (ZRX) token safely?
Now, when you know how to buy 0x token, it’s time to find out where to buy zrx.
The most popular and convenient way of working with cryptocurrencies are cryptocurrency exchanges and platforms. The services with broad functionality that do not limit to supporting one or two possible functions. The choice of such platforms is also wide enough. What should you pay attention to when choosing a platform so as not to be deceived?
Here are a few basic points to keep in mind before joining an exchange:
Reputation— is always the major point, which defines the brand in general.
Security — it’s important to know your money is safe.
Payment methods — every platform has different methods, make your own analysis and find out what fits you more.
Verification requirements and geographical restrictions — If the platform requires verification, it means they know their customers and where their money comes from. Alsom, given the fact that not all the exchanges are available worldwide, make sure the platform provides service in your location.
Support — best services offer 24/7 support.
Liquidity — is also an important point for making profitable trades at real market rates.
The CEX.IO platform complies with all the points listed above. Therefore, we can say that it is a platform that fits your needs.
As one of the world’s most popular fiat-to-crypto and crypto-to-fiat cryptocurrency exchanges CEX.IO is a suitable platform both for all market players.
Except for crypto trading, CEX.IO also offers staking program to earn on PoS cryptocurrencies, loan service for crypto-baked loans, cryptocurrency calculator for the fast calculations, and more presented on CEX.IO. Moreover, the team does not stop expanding the service with more options to engage and earn with cryptocurrencies.