What is 0x (ZRX)? 

Cryptocurrency

0x (ZRX) is a protocol built on the Ethereum network that provides infrastructure for decentralized exchanges (DEX). This system allows users to trade crypto assets securely and at low cost.
0x protocol enables transactions to start off-chain and be finalized on-chain, providing speed and cost advantages. The ecosystem’s native token,
ZRX coin, is a key element that supports the functionality of the network.
What is ZRX Coin?
ZRX coin is the native token of the 0x protocol and is used in both governance and incentive mechanisms. Token holders have voting rights on decisions about the protocol’s future, while transaction fees are paid in ZRX. In addition, liquidity providers are rewarded with this token. Thus, ZRX coin is not only a digital asset but also an economic unit that ensures the sustainability of the protocol.
ZRX Token Project
0x protocol was developed in 2017 to provide secure and transparent transactions in the
decentralized finance ecosystem. The project is built on an open-source infrastructure that allows different tokens to be exchanged on-chain. Developers can integrate this protocol into their own DEX platforms, offering users a fast and reliable trading experience.
ZRX coin plays a critical role in the ecosystem for transaction fees and governance functions.
Who Founded ZRX?
The
0x project was launched in 2017 by Will Warren and Amir Bandeali. Both founders have experience in finance and engineering. Developed on
Ethereum, this protocol quickly attracted the attention of investors and developers. The project’s vision is to provide a scalable, secure, and user-friendly infrastructure for decentralized finance applications.
How Many 0x (ZRX) Coins Are in Circulation?
The circulating supply of
ZRX coin is approximately 847 million. The maximum supply is capped at 1 billion tokens. This limited supply policy reduces inflation risk and is considered one of the factors that help maintain the token’s value. Since most of the supply is already in circulation, ZRX benefits from higher liquidity in the market.
What Makes 0x Unique?
0x protocol stands out with its feature of off-chain order matching and on-chain settlement. This method provides users with low-cost and high-speed transactions. In addition, its open-source structure allows developers to use this protocol in their own projects. Transparency, flexibility, and compatibility with DeFi applications are the main characteristics that distinguish 0x from similar projects.
What Gives 0x Value?
The main factor that gives 0x value is its wide potential for use in the DeFi sector. While the protocol supports the growth of decentralized exchanges,
ZRX coin is used for transaction fees, liquidity incentives, and governance mechanisms. These economic functions are the key elements that strengthen the token’s value. In addition, 0x’s strong technical infrastructure and industry partnerships also contribute to the long-term potential of ZRX.
How to Buy ZRX Coin?
To buy a
ZRX coin, you need to use a reliable crypto exchange. You can buy ZRX quickly and securely on CoinTR. Here are the steps:
-
Register and complete your KYC verification.
-
Deposit Turkish Lira (TRY) into your account.
-
Enter the amount you want to buy and confirm the transaction.
Once the transaction is complete, the ZRX coin is transferred to your wallet. CoinTR’s user-friendly interface and security measures make the purchase process easier.
Where to Buy ZRX Coin?
ZRX coin is traded on both global and local crypto exchanges. In Türkiye, one of the reliable crypto platforms that users can prefer is
CoinTR. By registering on CoinTR, you can quickly trade using the
ZRX/TRY or
ZRX/USDT pairs. The platform makes ZRX transactions practical thanks to low fees and an easy-to-use interface. In addition, you can securely track your balances and past transactions through CoinTR.
ZRX Coin Future
The
future of ZRX coin is closely linked to the adoption rate of the 0x protocol in the DeFi ecosystem. The protocol stands out with its flexible and low-cost infrastructure for
decentralized exchanges. If 0x protocol continues to gain wider acceptance among developers and users, the role of ZRX coin within the ecosystem will strengthen. However, overall crypto market volatility and competition are also factors that determine the future. Therefore, the ZRX coin is seen as a digital asset with strong potential, but one that should be followed carefully.
ZRX Coin Comment
ZRX coin comments in the crypto community generally focus on the project’s technological aspects and use cases. Users view the off-chain transaction model offered by 0x as an important improvement, as it provides speed and cost advantages. In some
zrx comments, it is mentioned that the intense competition in the DeFi ecosystem could cause price performance to be volatile. Overall, the community considers the infrastructure of
0x protocol strong, but notes that the
market value of ZRX coin may carry uncertainties. For this reason, investor opinions include both positive expectations and potential risks.
Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
Recommended
- CryptocurrencyWhat is Loopring (LRC)? Loopring is a protocol built on the Ethereum network that aims to improve scalability and reduce transaction fees. This system allows decentralized exchanges (DEXs) to operate faster and at a lower cost. Loopring’s native token, LRC coin, plays an important role in the functioning of the network. What is LRC Coin? LRC coin is an ERC-20 token developed on Ethereum and serves as the native cryptocurrency of the Loopring protocol. LRC is used to pay transaction fees, provide liquidity, and run inc
2025-09-04
- CryptocurrencyWhat is Ethereum (ETH)? Ethereum is an open-source and globally accessible blockchain platform that enables the development of smart contracts and decentralized applications (dApps). Launched in 2015, Ethereum goes beyond being just a digital currency; it serves as a programmable infrastructure for finance and technology. The native cryptocurrency used on the Ethereum network is called Ether (ETH). ETH is used to process transactions on the network and support economic activities within the system.
2025-01-30
- CryptocurrencyWhat is Bitcoin (BTC)? Bitcoin (BTC) is a decentralized digital currency. It was introduced to the cryptocurrency market in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. Based on blockchain technology, Bitcoin enables peer-to-peer (P2P) money transfers without the need for a central authority. With this feature, it stands out as an alternative digital payment method to traditional financial systems. The most notable characteristic of Bitcoin is its limited supply of 21 million coins. Th
2025-01-28