Where to Buy 0x (ZRX) – Beginner’s Guide

0x coin, which goes by the ticker symbol ZRX, is recognized for its long-term decline against Bitcoin. The ZRX / BTC pair fell after the 2017 crypto bull market and has not bounced back. However, some ZRX investors remain hopeful, as prolonged reaccumulation periods can lead to stronger future bull markets.

In this guide we’ll ask is ZRX a good investment and review where to buy 0x coin in terms of which of the best crypto platforms have listed ZRX, and how to buy ZRX with low fees.

Where to Buy 0x – Best Platforms Reviewed

The best place to buy cryptocurrency depends on how far and how deep you want to get in your trading methods. Advanced investors might want be keen to head to the exchanges first. However, in reality brokers are usually better regulated and simpler to use as compared to online exchanges.

1. Crypto.com – Trade ZRX on Leverage

Crypto.com is another good option if you’re looking to buy 0x. According to CoinMarketCap, Crypto.com is one of the largest crypto exchanges globally, regularly handling over $2.6bn in daily trading volume. The platform offers a wide array of cryptos to trade, including small altcoins, DeFi tokens, and ERC-20 tokens. Since Crypto.com only charges a 0.4% maker/taker fee, users can purchase ZRX and any other crypto at much lower fees.

Besides the exchange aspect, Crypto.com also offers a convenient mobile app, which is targeted more towards retail investors. This app enables users to instantly buy ZRX with a credit card or debit card – with no fees for the first 30 days. After this period, each card purchase will accrue a 2.99% fee. Interestingly, although Crypto.com does allow fiat deposits via the app, it doesn’t support fiat currency itself on the exchange, at present.

The mobile application offered by Crypto.com is also packed with a host of valuable features, including a crypto debit card that allows users to spend their crypto holdings as if they were FIAT currency. The app also has a ‘Missions’ section, where users can complete tasks and earn rewards in Cronos (CRO) – the platform’s native token.

Crypto.com is also a derivatives platform, meaning there are perpetual futures pairs to trade ZRX and other cryptos on leverage. That’s on offer if you’re experienced and confident in your trading skill.

Lastly, ZRX owners can safely store their assets in the dedicated Crypto.com wallet app, which offers complete control over your private keys and has the biometric authentication feature as well, for added security.

Cryptoassets are a highly volatile unregulated investment product.

2. Coinbase – Popular Cryptocurrency Exchange with Large Asset Portfolio

Coinbase is a popular and reliable crypto exchange. Coinbase has numerous state licences in the US, remaining a popular choice for crypto investors for three main reasons:

• Wide base: Coinbase has a massive base of 73 million verified users, which adds to its credibility. Coinbase arrived in the market in April 2021, making it the first crypto exchange IPO to be listed on NASDAQ.
• Security: From a safety point of view, Coinbase stores 98% of customer funds offline: ‘geographically in safe deposit boxes and vaults around the world.’ Against cyber-theft, this is the same successful strategy used by ‘cold’ wallets, which are only connected to the internet at times of transactions.
• Variety: Coinbase offers a wide range of 50+ cryptocurrencies.

Apart from all these features, there is one important aspect which decided user’s favorite. Coinbase has a great reputation for security. However, when it comes to fees, Coinbase users have often raised discontent. The system combines flat fees and commissions, and can be confusing as well as expensive. We recommend that you steer clear of buying crypto with Coinbase direct with a credit card, since it will cost you a 3.99% commission. Last year, Coinbase COO Emilie Choi signalled good news about fees by saying that a ‘compression’ of the fee system is in the pipeline.

Coinbase offers a smartphone app for crypto trading on the move. With crypto markets changing so fast, researching the market is always a good idea. 1.6m reviewers on the App Store have given the Coinbase app a great average score of 4.7/5. 630k+ Google Play reviewers have lodged a slightly-lower average rating of 4.3/5. Another benefit users get is that Coinbase also offers a free crypto wallet. In a nutshell, Coinbase offers a reputable service with many strengths. Coinbase is a great platform for beginners to explore and buy crypto.

Cryptoassets are a highly volatile unregulated investment product.

3. Binance – Reputable Exchange to Buy ZRX with Credit Card

Binance is another large crypto exchange, like Coinbase. It boasts the largest volume of crypto trading globally. It also has low trading fees- just 0.1% commission available on buying ZRX, depending on how you do it. Another advantage of Binance is the large amount of crypto pairs on offer, 500 in all. You can buy ZRX direct with credit card at 1% commission.

There are various ways to buy ZRX with Binance. You can fund your account with fiat currency or credit card and use those funds to buy ZRX directly. Another option, if you are feeling a little more ambitious, is that you can check out Binance’s Peer-2-Peer trading system and trade crypto for crypto with other users. Be aware that this option is only recommended for more experienced investors and not beginners.

Coming to payment methods offered by Binance, PayPal fans will be glad to know that they can buy ZRX with Paypal, but only if they use P2P trading. For those who want to expose their portfolio to the ZRX price but don’t want exposure to the uncertainty of ZRX, Binance may have a unique solution. As an innovative step, Binance has introduced a wrapped version of ZRX, in January 2022. This is a token that is pegged to the ZRX price but is not hosted by the ZRX ledger blockchain.

Binance does not support newbie-friendly copy trading. What characterizes Binance is that it is aimed at the more experienced crypto investor. The exchange offers many powerful trading options at the expense of an interface that can be a little daunting to newbies.

You can get around this by signing up for the free Binance smartphone app. This allows you to simplify the normal interface by selecting ‘Binance Lite’. Reviewers of the Binance App on the App Store give it a high score of 4.7/5 (from 96k reviews). And 570k Google Play reviewers score it on average at 4.3/5. There seems to be a consensus amongst reviewers that Binance’s verification process can be frustrating (but not for everybody). Binance offers a free crypto wallet called the Binance Trust Wallet.

Cryptoassets are a highly volatile unregulated investment product.

What is ZRX?

0x aims to provide an infrastructure for the emerging crypto economy to let users trade ERC-20 tokens and other assets on the Ethereum blockchain without using traditional cryptocurrency exchanges. Its smart contract technology offers a base for decentralized finance (DeFi) to manage a new breed of financial services such as loans, savings, insurance, trading and so on, using cryptocurrencies as collateral.

Introduced in 2017, the ZRX cryptocurrency coin is a digital token that runs on the Ethereum blockchain and powers the open-source 0x protocol. The protocol allows different decentralized exchanges to interoperate, connecting liquidity providers. According to 0x Labs – the organization behind the protocol – it has powered the infrastructure for dozens of DeFi applications so far and enabled more than $120bn in trading volume among over 2.3 million traders.

The token was initially used to vote on protocol updates and pay trading fees for transfers using the protocol, then in 2019 the version 3 update to the project added staking capability for liquidity providers to receive tokens as a reward. The network has so far paid more than $1m in fees to ZRX holders and market makers. There were 847.5 million ZRX tokens in circulation on 15 March, representing 85% of the maximum 1 billion supply, according to CoinMarketCap. ZRX had a market capitalization of $403 million, making it the 134th largest cryptocurrency by value.

0x Price Now

Today the 0x price ranges from $0.226 – 0.247 USD with a 24-hour trading volume usually exceeding 21 million USD. The ZRX price can fluctuate by several percent a day.

The current CoinMarketCap ranking of 0x is #159, with a live market cap of 193.5 million USD. It has a circulating supply of 847.5 million ZRX coins and a maximum supply of 1 billion ZRX coins. The price of 0x has risen by 2.5% in the past 7 days.

The current price of ZRX is around 90% below the all-time high of $2.22. 

ZRX Price Chart

The ZRX price chart shows that the token, which was launched at $0.11 in August 2017, quickly made gains, reaching an all-time high of $2.53 in January 2018 as cryptocurrencies soared across the board.

ZRX Price History

It remained volatile for the rest of the year, trading down to $0.44, up to $1.86, and recording two more peaks before ending the year at $0.30. During 2019 it was more stable, moving between $0.15 and $0.30 for most of the year.

ZRX started 2020 with a price of as low as $0.18 and never exceeded $1 over that year. The highest price for 2020 was $0.7. The beginning of 2021 was more successful for ZRX, during which it made an attempt to reach its previous all-time high but the prices dropped again after ZRX made it to $215. Following the crash of the crypto market, ZRX was traded at a low price after that.

ZRX’s opening price for 2023 was 0.15. It reached its highest price of $0.31 at the beginning of March and since then is trading around the same levels.  

Is ZRX a Good Investment?

Here are some technical features of the ZRX cryptocurrency project that make the coin worth investing in: 

• The 0x API functions as a best-in-class liquidity aggregator, which helps users focus on their products and not worry about finding the best prices.
• The smart-order routing system of 0x splits up a transaction across several decentralized exchange networks so that you get the lowest slippage possible.
• Using 0x also frees you from worrying about adding new sources. 0x covers all the popular decentralized exchange networks such as Uniswap, Oasis, Dodo, Balancer, and many more.

As for the market analyses, ZRX took a bullish direction lot long after it went public, reaching its all-time high of $2.25. However, ZRX lost its value significantly and never recovered during 2018-2020. ZRX took another bullish run during 2021, following Bitcoin and many other high-profile cryptocurrencies hitting their all-time highs. The coin’s prices dropped again after that, and it is currently traded 90% above its all-time high. 

It makes ZRX quite a risky cryptocurrency that stands out with high volatility. While ZRX can be a good investment in the long run, just like any other cryptocurrency, risks are also associated with it. So, you can consider adding it to your portfolio but be cautious with this coin. 

ZRX Price Prediction

Technical indicators for cryptocurrency price predictions show different projections for ZRX price in 2023. Price Prediction is positive about the coin predicting that its average trading price for 2023 will be $0.31, possibly rising as high as $0.35 and dropping as low as $0.3. According to this platform, ZRX can only be traded above $2 in 5 years. 

Digital Coin Price indicates bullish predictions in the short-term, according to which 0x will have an average trading price of $0.48 in 2023 with a maximum price of $0.50 and a minimum price of $0.20. But the coin’s value will not reach $2 until the year 2030 and in 5 years, it can reach only $1.16. Wallet Investor’s bearish projections indicate that ZRX can drop from $0.228 to $0.0431 in one year. 

For some price predictions on trending coins and potential alternatives to ZRX, check out the this video on the best altcoins to hold until next crypto bull run:

Ways of Buying ZRX

Crypto-investors have a range of options to choose from to buy ZRX. Let’s have a look at some of the most popular ones.

Buy ZRX with a credit card or debit card

Exchanges like Coinbase and Binance allow you to make ‘instant buys’ of crypto with a credit card. But, once again, you need to watch out for any exorbitant commission fees. On the other hand, you can deposit funds into your online account for free with a credit card and then buy ZRX in seconds, with many platforms.

Choosing a ZRX Wallet

Crypto wallets are essentially the digital versions of the everyday backpack wallets most of us use to keep cash and cards. We generally use them to store our assets and move them from one place to another. On the blockchain, that means you can send and receive crypto to pay for things and get paid. What are called ‘gas’ fees apply, which is a fee charged by blockchains to make transactions. Most wallets charge commissions for exchanging crypto and staking crypto to earn rewards.

Every crypto wallet has its own set of pros and cons. ‘Cold’ wallets, for example, offer enhanced security because they are only connected to the internet at times of transaction. For convenience, ‘hot’ wallets are connected to the internet the whole time and generally thus can provide real-time updates and trading opportunities. A distinct advantage of crypto wallets is that they are mostly free to acquire. But as is with conventional wallets, the worst thing about crypto wallets is that there is always the risk that your assets will get stolen.

The safest types of wallets are considered those which are authorized by a regulatory authority, which is also why they are hard to find.

Conclusion

At the time of writing, some forecasts predicted that the ZRX price could rise in the coming years.  While some sites expected the ZRX price to fluctuate from $0.8 to $1.16 over the upcoming years, others expected the price to climb above the $2 mark by 2029. However, some platforms indicate that ZRX can crash and lose most of its value in a year. 

Though some platforms are quite bullish about ZRX price performance, it is important to remember that cryptocurrency prices are highly volatile and difficult to predict. Forecasters can and do get their 0x predictions wrong. You should do your own research to make informed trading decisions. Keep in mind that past performance is no guarantee of future returns.

In volatile cryptocurrency markets, it is important to research a coin or token to determine if it is a good fit for your investment portfolio. Whether ZRX is a suitable investment depends on your risk tolerance and how much you intend to invest, among other factors.

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