1 Level
6 Review
9 Karma
Review on 0x by Thoson Summir
The 0x protocol, however, is used by the Radar Relay exchange, a marketplace…
The 0x protocol, however, is used by the Radar Relay exchange, a marketplace with a volume of $1.5 million in 24 hours, and listing 58 altcoins. At the moment, decentralized exchanges are small in comparison to leading marketplaces such as Binance, but their activity has been key to achieve price discovery for new projects. The 0x protocol is seen as one of the major developments in decentralized exchanges, along with IDEX, EtherDelta, and Bancor.
Pros
- 0x Token is used by Maker and Takers (market participants create and use corresponding orders): to pay transaction fees for Relayers (units that store and maintain book orders public)
Cons
- There are no products on Kyber yet.
