What is 0x Protocol (ZRX)? How does it work?

BtcTurk | Global
2 min readAug 4, 2023

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0x Protocol is an infrastructure protocol in which ERC-20 tokens and other assets are traded on the Ethereum blockchain without the need for centralized platforms. 0x Protocol was founded in 2016 by Will Warren and Amir Bandeali. 0x Protocol’s token is ZRX. If you have questions like: what is 0x Protocol (ZRX), how does 0x Protocol (ZRX) work, how do you buy 0x Protocol (ZRX) and how do you trade ZRX/TRY and ZRX/USDT trading pairs, you will find the answers in this article.

What is 0x Protocol (ZRX)? How does it work?

0x Protocol is an infrastructure protocol in which ERC-20 tokens and other assets are traded on the Ethereum blockchain without the need for centralized platforms. 0x Protocol supports ERC-723 tokens as well as ERC-20 tokens.

ZRX is an ERC-20 based token running on the Ethereum network. Nodes that allow users to transact in the 0x Protocol receive payments with ZRX tokens. The ZRX token is also used in the governance of the 0x Protocol.

ZRX’s total supply is limited to 1,000,000,000 units.

0x Protocol was founded in the United States in 2016 by Will Warren and Amir Bandeali.

How do you store 0x Protocol (ZRX)?

ZRX is an ERC-20 based token. You can manage your ZRX balances using desktop, mobile or hardware wallets that support ERC-20 based Ethereum assets.

How do you buy and sell 0x Protocol (ZRX)?

You can use the BtcTurk | Kripto mobile app or website to buy and sell 0x Protocol (ZRX) with Turkish lira or Tether. If you are not a member of BtcTurk yet, you can become a member quickly on our website or mobile app. You can start trading 0x Protocol (ZRX) by depositing Turkish lira via one of our seven contracted banks, 24/7.

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