How to buy 0x (ZRX)

Learn more about 0x: How, where, why (and why not) to buy.

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0x is a completely open source and permissionless protocol designed to work with ERC20 tokens.

The features that Ox highlights the most are:

  • Off-chain orders. It lets ERC20 tokens be traded on the Ethereum blockchain with reduced gas costs and blockchain bloat.
  • Standardization and ease of use. It offers standardized APIs, a well-developed programming library and thorough documentation for ERC20 developers to create smart contracts and the like.

The 0x Protocol uses the ZRX token to offer transfer and storage of value across multiple ERC20 projects, execute transactions on the 0x protocol and act as a common token.

What does this mean? For starters, there is the possibility that you might be able to seamlessly spend ERC20 tokens interchangeably across a wide range of projects.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy 0x (ZRX)

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
Cryptocurrency
BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO, FUN, ETC, BCC, POE, DASH, ELF, & 80+ more
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support. Binance are not regulated in the UK for margin trading and you should use an authorised provider. Margin trading is a complex and comes with a high risk of losing money rapidly due to leverage.
Cryptocurrency
Bank transfer (SEPA)
SWIFT
Wire transfer
Faster Payments Service
GBP, EUR, USD, CAD, SGD, AUD, JPY, MXN
BTC, ETH, BCH, XRP, LTC, EOS, XLM, USDT, ADA, XMR, TRX and 50+ more
BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.
Credit card
Debit card
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC, ETH, XRP, BCH, EOS, LTC, XLM, ETC, ZEC, ZRX, REP, BAT, LINK, DAI, USDC
Get US$10 in free bitcoin when you buy US$100 or more of any crypto. T&Cs apply.
Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Credit card
Cryptocurrency
USD
BTC, BCH, MIOTA, XVG, NEO, ADA, XRP, TRX, ONT, ZIL, GAS, LTC, ZRX, QTUM, ETH, ETC, VET, ICX & 300+ more
CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Credit card
Debit card
USD, EUR
BTC, BCH, ETH, XMR, ZEC, DASH, XRP, ETC, LTC, DOGE, XLM,1ST, ADX, AMP, ANT, BAT, & 75+ more
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
OKEx Cryptocurrency Exchange
Bank transfer
Cryptocurrency
WeChat
USD, CNY
BTC, ETH, LTC, EOS, TRX, ETC, BCH, TRUE, XRP, ABT, HSR, MITH, BTM, AUTO, IOST, & over 119+ more
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Cryptocurrency
-
BTC, ETH, HT, LTC, PAI, BCH, XRP, DASH, IOST, EOS, TRX, ETC, OCN, ONT, ELF, ABT, CMT, ELA, & 78+ more
Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Cryptocurrency
Wire transfer
USD, EUR, GBP, JPY
BTC, BCH, BTG, IQ, TRX, GNT, AVT, DASH, DATA, EDO, EOS, ETC, ETH, LTC, MIOTA, NEO, OMG, QTUM, SAN, USDT, XMR, XRP, BAT, ZRX, FUN, MANA, SPANK, TNB, RLC, RCN, REP, ELF, AID, SNGLS, SNT, QASH, YOYO, MITH, ETP, XTZ, CNN, BOX, GOT, TKN, UTN
Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
Coinbase Pro
Bank transfer (ACH)
Bank transfer (SEPA)
Wire transfer
USD, EUR, GBP
BTC, BCH, ETH, LTC, ETC, ZRX, BAT
Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
Bittrex Digital Currency Exchange
Cryptocurrency
Wire transfer
USD
BTC, ETH, BOXX, XVG, SC, XRP, DOGE, STRAT, XMR, ADA, OMG, ETC, BCC, XLM, DGB, UKG, & 128+ more
Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Poloniex Digital Asset Exchange
Cryptocurrency
-
BTC, ETH, XRP, DOGE, XLM, ETC, STRAT, LTC, SC, DGB, BCH, LSK, XMR, LOOM, BAT & 50 more
Trade various coins through a global crypto to crypto exchange based in the US.
Cryptocurrency
-
BTC, BCH, XMR, DAG, ETH, XRP, EOS, LTC, ADA, TRX, NEO, ONT, STEEM, BTM, BCD, ZINC, VET, OLT, USDT, BSV, & 134+ more
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Livecoin Cryptocurrency Exchange
Cryptocurrency
Payeer
Perfect Money
Qiwi
USD, EUR, RUB
BTC, BCH, ETH, LSK, LTC, XMR, XEM, DASH, BCC, CLOAK, EMC, NEO, TIME, SHIFT, STRAT, & 146+ more
Trade at an exchange that has an extensive offering over 160 coins and numerous fiat and altcoin currency pairs.
BitBay Cryptocurrency Exchange
Cryptocurrency
Express Polish Post Office 24/7
Express Zabka Market
Wire transfer
USD, EUR, PLN
BTC, BCC, BTG, LTC, ETH, LSK, GAME, DASH, KZC, XRP, XIN,ZEC,XMR
This Polish-based exchange offers a variety of accessible payment methods, including Express Polish Post Office 24/7 service and Express DotPay.
Mercatox Cryptocurrency Exchange
Cryptocurrency
Payeer
Perfect Money
Yandex Money
USD, EUR, RUB
BTC, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX, DSR, XCPO, LTC, XRB, VERI, LOC, & 84+ more
Supporting over 100 coins, you can exchange a variety of cryptocurrency pairs on this peer-to-peer platform.
Bitit Cryptocurrency Marketplace
Cashlib
Credit card
Debit card
Neosurf
USD, EUR, GBP, JPY, CNY, KRW, AUD, CAD, DKK, NOK, SEK, TRY, HKD, SGD
BTC, ETH, XRP, DASH, LTC, BCH, ETC, OMG, ZRX, CVC, BNT
Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
ShapeShift Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, BTG, ETH, ETC, FUN, 1ST, ANT, BAT, BNT, BLK, CVC, CLAM, DASH, DCR, DGB, DNT, GAME & 29+ more
Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
Altcoin.io Decentralised Exchange
Cryptocurrency
-
*Note that while the platform is under development, it is expected to support BTC, ETH, REP, ANT, BAT, EOS, SALT, CVC, DNT, SNT & 20+ more
Launching in 2018, Altcoin.io is a decentralised peer-to-peer cryptocurrency exchange powered by atomic swaps. Sign up now for early access.
BigONE Cryptocurrency Exchange
Cryptocurrency
-
BTC, ETH, EOS, USDT, ADX, AE, AIT, ATN, ATT, BAT, BCDN, BIG, BTO, CANDY, CDT, CHAT, AT, CPS & over 60+ more
A crypto-to-crypto exchange listing over 100 pairings and low trading fees.
Cointree Cryptocurrency Exchange - Global
Cryptocurrency
-
BTC, ETH, XRP, BCH, EOS, XVG, LTC, ADA, MIOTA, TRX, NEO, DASH, XMR, XEM, VET, ETC, ICX, QTUM, OMG, & 70+ more
Buy and trade 100+ cryptocurrencies on this global cryptocurrency exchange.
DDEX Cryptocurrency Exchange
DDEX Cryptocurrency Exchange
Cryptocurrency
-
EOS, XYO, NPXS, HOT, CNN, ZRX, KIN, NCT, BAX, ZCO, NBAI, POLY, POE, TFD, REN, LBA, & 25+ more
Cryptocurrency
USD
OMG, TRX, ZRX, SAN, ATMI, AID, BAT, SNT, QSH, REP, DAT, TNB, RLC, EDO, AVT, ELF, FUN, & 12 more
With a focus on tokens linked to the Ethereum network, Ethfinex is an exchange listing several ERC-20 compatible tokens and is owned by the team behind Bitfinex.
Stellarport Exchange
Cryptocurrency
-
XLM, BTC, BCH, USDT, OMG, ZRX, KIN, MOBI & more
Stellarport taps into the Stellar Decentralised Exchange to provide buyers and sellers with access to XLM and various other cryptocurrencies.
IDEX Cryptocurrency Exchange
IDEX Cryptocurrency Exchange
Cryptocurrency
-
EOS, RFR, CS, AUC, BEE, BANCA, CNN, EOSDAC, FSN, NBAI, TRAC, VET, XBP & 60+ more
A decentralised cryptocurrency exchange where you can trade over 250 ERC20 tokens.

Compare up to 4 providers

How does 0x work?

One of the main applications of the 0x protocol is for the creation of decentralized smart contract-operated exchanges. This is necessary to mitigate the risks of theft or misconduct found with centralized exchanges.

However, there are several problems with that idea, including:

  • The gas costs of creating, cancelling and adjusting orders on exchanges will quickly add up.
  • There are challenges with maintaining enough liquidity across each exchange (especially with the above costs).
  • Unexpected changes in one place might have unexpected results elsewhere.

0x aims to solve these problems with:

  • Off-chain functions to reduce the gas costs and blockchain bloat.
  • Standard APIs that allow for aggregate pools of liquidity across different exchanges.
  • A modular system that allows for upgrades of individual components without unduly affecting other components, or disrupting existing markets.
What are the relayers?
Orders are transported off-chain. In other words, they’re transported by 0x instead of Ethereum. This is done by relayers which collect a small fee each time they facilitate a trade. Anyone can build a relayer.

0x is already used by a range of different exchanges. Many of the exchanges that carry out smart contract-facilitated trading are already using 0x.

What should I consider before buying ZRX?

0x is explicitly designed to enable cross-chain functionality among multiple ERC20 tokens and to act as a common unit of exchange among them where needed.

The token itself is used to pay the nominal relayer fees, and the exceptional utility and wide use of the 0x platform may see demand for the token grow from there.

Other than that, you might imagine ZRX as a generic unit of currency which can be freely traded for others at current rates. By its nature, ZRX trading is probably going to be largely automated and done on an as-needed basis.

The 1 billion coin supply limit (of which 500 million are in circulation), next to its utility and wide use, suggests that it may still have a lot of room to grow.

It’s worth considering the potential for growth in cryptocurrency as a whole, and the number of ERC20 tokens that have yet to launch but will almost certainly be using the 0x protocol in the future.

Even if/when the Ethereum blockchain finds a way to drop its gas costs to negligible levels, 0x’s potential to bridge ERC20 tokens might still find it being widely used.

ZRX might be viewed as a relatively safe token, but that may mean that it won’t see the same explosive growth as other tokens. If there is sudden growth, you probably want to find out why. Perhaps someone abruptly dropped a lot of money into ZRX or something exciting just happened elsewhere. As always. it’s important to conduct plenty of research before considering buying ZRX.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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