Cryptocurrency Price Prediction: 0x (ZRX) Poised For Growth With More Investors And Major Exchange Listings.

Created in 2016, 0x facilitates the offering of token trading to users without having to store user funds. 0x uses a protocol that involves Ethereum smart contacts that allow users to run a decentralized exchange.

The 0x (ZRX) is an open and permissionless protocol that allows developers to build networks to exchange digital assets like game token etc. It is popularly referred to as the protocol for trading tokens. Projects that are building on the 0x protocol include Maker (Dai stablecoin), Ethfinex exchange and Paradex, a relayer which was recently bought by Coinbase.

The 0x team are working on major advancement and are is expected to release the second version of its decentralized market protocol soon.

SEE ALSO:   Cryptocurrency Prices List Live Chart: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), NEM (XEM) - Sun Aug 19

Major Exchange Listings

Bithumb cryptocurrency exchange recently added the coin. The South-Korean based trading platform is among the top 10 cryptocurrency exchange by trading volume. Read our review of the Top 10 Cryptocurrency exchanges here.

Another major exchange that may soon list the coin is Coinbase. To be listed on its platform, Coinbase said in a post last year that a digital asset must strongly align with [its] framework and promote [its] mission of creating an open financial system for the world. The criteria outlined in its “GDAX Digital Asset Framework” reflected quality engineering, quality products, liquidity, and scalability; all areas ZRX has good claims on. But that is not all.

SEE ALSO:   Cardano Price Predictions 2018 Cryptocurrency to obtain more attention this year Cardano Ada Price Today Ada Cardano News -Sun Aug 19

Coinbase recently acquired Paradex, a P2P trading platform that runs on the Ox platform. Coinbase (GDAX) currently trades only four coins; bitcoin, ether, litecoin and bitcoin cash. With the implementation of Paradex and rebranding to Coinbase Pro, ERC20 coins like ZRX may soon be listed on the platform.

0x (ZRX) Price Prediction

As the cryptocurrency markets seem set to recover heading into the second half of the year, 0x may just be at a good place to shoot up. With the Bithumb listing and growing popularity in South Korea, it seems only a matter of time for 0x to take a major leap. Observers and analysts believe it a good long-term prospect and 2018 will be a good year overall for the coin. This, especially if investors stay committed.

SEE ALSO:   Cardano Price Prediction: ADA to Increase by 8,000% by the End of This Year - News Today -Sun Aug 19


LEAVE A REPLY

Please enter your comment!
Please enter your name here

3 × three =

This site uses Akismet to reduce spam. Learn how your comment data is processed.