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Friday, August 21, 2020

Reason Why you need Ox(Zrx) in your Crypto Portfolio!!

Reason Why you need Ox(Zrx) in your Crypto Portfolio!!

0x is an open-source protocol providing smart contract infrastructure and liquidity to enable P2P token exchange on the Ethereum blockchain. As it moves to decentralize its governance, the team is shifting focus.

The core team, 0x Labs, will focus on driving protocol adoption. It aims to build a healthy business on top of 0x by focusing on three key areas: improving efficiency of existing markets, establishing new markets, and creating novel trading experiences that’ll extend access to a broader segment of users.

To that end, 0x Labs released its first product, Matcha. It’s a simple and intuitive decentralized trading platform anyone can use. Under the hood, Matcha aggregates liquidity from numerous sources to find the best prices. This provides a simple gateway for users to conveniently trade cryptocurrencies on a P2P platform.

0x plans to use Matcha as a launch pad for new markets. And the goal is to eventually have hundreds of assets with thousands of tradeable pair combinations. That will bring more volume to 0x, benefitting ZRX holders.

from Trading Ideas
via gqrds

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