CryptoAltum Lists Ox ZRX on MT5
What is the 0x Protocol (ZRX)?
The 0x Protocol is one of the first decentralized exchanges on Ethereum for trading ERC-20 tokens. ZRX is the native governance token compliant with the ERC-20 standard on Ethereum. The DEX is unique. It combines state channels and the Automated Market Maker (AMM) model to reduce transaction costs and facilitate the trustless swapping of tokens. A unique feature in the 0x Protocol is the role of Relayers who connect market makers and traders. ZRX users pay fees to Relayers and incentive users to host and maintain their decentralized order book. Users are also free to create markets for crypto assets representing any form of value.
Why Trade ZRX with CryptoAltum?
ZRX is among the first decentralized exchanges, a reason why the token has high liquidity. The ox Protocol is flexible and adapts AMM, a reason why it also rose with the DeFi tide. Trading ZRX on CryptoAltum will allow traders to access up to 50X leverage, the highest in the industry. Meanwhile, they will also trade the token against other pairs, profiting from price volatility in rallying or bearish markets.
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