1 Level
2 Review
-23 Karma
Review on 0x by ella feltaro
zrx
0x with the ZRX trading symbol is a decentralized exchange platform run by the ethereum smart contract system and a free, unrestricted free protocol that allows you to trade ERC20 tokens on the ethereum network. Its main purpose is to solve the problem of centralized exchanges.
Decentralized exchanges are another type of exchange.
These types of exchanges do not require the presence of a third party to conduct exchanges and create a completely safe and reliable environment. Assets are never blocked or transferred, and all transactions are based on smart contracts.
The main difference between centralized and decentralized exchanges is the presence or absence of a third party.
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Pros
- It provide many features to groups who decide to set up a decentralized exchange.
Cons
- Zero-x not mineable.
