Last update: Jun 6, 2022

How to Buy 0x (ZRX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy 0x. Depending on where you’re located, you’ll have various cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

0x

How to Buy 0x – 4 Easy Steps

1. Choose a crypto exchange

Finding a trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have 0x of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency trading platforms.

4. Buy 0x

Now that you have what you need to buy 0x, head over to the market or buy section of the cryptocurrency trading platform and buy some ZRX.

If the crypto exchange doesn’t have any 0x on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has 0x first), and trade your Ethereum for 0x.

Where to Buy 0x (ZRX)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell 0x

  1. Sign into the exchange where you bought 0x.
  2. Move your 0x to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell 0x.

 

Crypto trading

How to Buy 0x (ZRX) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy 0x in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy 0x if it’s available. If the exchange doesn’t have 0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 0x), and trade your ETH for 0x.

Alternatively, if you want to know more about the exchanges we like, check our comparison of the bitcoin exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy 0x (ZRX) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy 0x in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy 0x if it’s available. If the exchange doesn’t have 0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 0x), and trade your ETH for 0x.

Also, check out our comparison of the crypto exchanges in Canada if you’re interested in learning more about which ones we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy 0x (ZRX) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy 0x in the UK, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy 0x if it’s available. If the exchange doesn’t have 0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 0x), and trade your ETH for 0x.

Alternatively, if you want to know more about which exchanges we prefer, read our list of the cryptocurrency trading platforms in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying 0x? ZRX Rundown

0x is an infrastructure protocol which allows users to trade ERC20 tokens and assets on the Ethereum Blockchain without having to rely on intermediaries such as traditional cryptocurrency exchanging.

0x is a decentralized exchange platform that uses a group of open-source smart contracts , which are publicly auditable and work together to create a flexible trading protocol that developers can easily integrate into their products.

ZRX, an ERC20 utility token, powers the protocol. Relayers are nodes that host an off-chain orderbook and provide user-facing apps that present this information. Users can make, fill and cancel transactions using ZRX tokens. ZRX tokens can be used to vote for and suggest changes to the protocol.

2019 was 0x a redesign of the ZRX token. This allows ZRX holders to delegate their stakes to market makers to receive passive rewards and retain their voting power.

0x, unlike other Ethereum decentralized exchange protocols supports both fungible tokens (ERC-20) and non-fungible tokens (ERC-723). It can be used to allow the permissionless trading and purchase, sell, and exchange a large number of Ethereum assets via more than a dozen apps.

The 0x protocol is applicable to many different use cases. This includes OTC trading desks, digital marketplaces like eBay, and exchange functionality for DeFi protocols.

Although 0x is an excellent tool for building highly flexible exchange products it can also be used to create products that include asset exchange as a secondary feature, such as in-game purchases or portfolio management platforms.

Liquidity takers on the 0x protocol pay a fee in ZRX tokens. This fee is used for market maker (relayer), liquidity. A protocol fee of Ether (ETH) is also required for users to be paid. This fee covers the cost of gas and transactions. 0x is an open-source protocol and does not receive any revenue. Instead, ZRX tokens are unlocked to support the team and developers -- in addition to its initial ICO funding.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.