RE: The 0x Protocol (ZRX) Token Utility.

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The 0x Protocol (ZRX) Token Utility.

in cryptocurrency •  6 years ago 

Nice article great read!

Decentralized Exchanges are the future of the 21 century digital currency. Project 0x stands to be a game changer when it comes to decentralized exchanges in the future. That’s because Project 0x is a permissionless protocol that allows for developers to build their own decentralized exchanges for the swapping of tokens. In this sense, it isn’t unreasonable to think ZRX is going to help DEXs proliferate. How will it work? “Relayers” will be responsible for hosting off-chain order books. These relayers will get paid in the ERC20 ZRX token. Also Decentralized exchanges will play a major role once they overcome problems with liquidity. I know every thing we saw in the markets all have "Downsides" but the important is we know where is the good to invest. Actually 0x (ZRX) is already well known in the markets and one of the Best Decentralized Exchanges for Cryptocurrency Trading. Might say that project like 0x(ZRX) is really worth to invest. They already hit up to $2.37 last January and it is not impossible to hit that again as the community of ZRX getting bigger especially this days.

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But as far as i know Decentralized exchange is really complicated especially to the new users and they are also easy to hack because of lack of regulations.

That's what I know, if it's decentralized it is more secured and less of service attack. I don't know what is true now but recently 0x was listed on kucoin and maybe that would be a change and good news for 0x.

base on my perspective decentralized is much better but that doesn't that a project is a good if it's decentralized, most of the project that i invested with are decentralized and all of them failed and right now i only few funds left,for only one project and i see that 0x could retrieve my lost funds.

Thats right! 0x will be your salvation. The recent listing of them could pump it even in this bearish market. Everything will fall but 0x will not. 0x Protocol is preventing all those problems that decentralized exchange are facing.