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What is 0x (ZRX)?
Ignat avatar
Written by Ignat
Updated over a week ago

0x is an infrastructure protocol that allows users to trade ERC-20 tokens and other assets without relying on intermediaries like cryptocurrency exchanges. It is powered by ZRX (an ERC-20 utility token), which gives its holders the power to vote on decisions concerning the development of the network and can be staked to earn rewards.

0x is one of the most prominent examples of decentralised cryptocurrency exchanges. Connecting buyers and sellers directly, the platform often refers to its solution as the ‘Craigslist for cryptocurrencies’ meaning that any developer can build their own cryptocurrency exchange and post it online.

Check out this article to choose the most convenient way to buy cryptocurrencies, including ZRX.

NB: For ZRX transfers, Cryptopay supports ERC-20 network only. All the funds sent via other networks (e.g. BEP-20 etc.) will be lost forever.

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

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