Company Coinbase added token Protocol 0x (Ticker ZRX) on their trading platform Coinbase Pro (formerly GDAX). This is the first token ERC20, which is supported by Coinbase, CoinDesk reports. 0x is an open Protocol that allows you to organize decentralized exchange tokens ERC20 on the Ethereum blockchain, that is, in fact, the basis for a decentralized exchange.
General Manager Coinbase Pro David Farmer said in a blog that trading ZRX will be available to users of most jurisdictions, except for residents of new York state (at least not yet). It is worth noting that, although the ZRX is platform Coinbase Pro, the token is not available to investors through coinbase.com or Coinbase for iOS and Android.
As expected, the rate of the ZRX in the background of this news has increased dramatically. According to CoinMarketCap, the price of the token showed a vertical takeoff by 13% immediately after the announcement Coinbase, setting the highest price level since August.
We have already noted that the draft 0x initially was considered the main contender for the add among the Ethereum tokens. In General about the decision to include tokens ERC20 in listing the site, said in March this year. After the announcement the price ZRX increased by 40% within one hour, although Coinbase deliberately refrained from mentioning specific assets. In the future, in favor of the ZRX was saying the Coinbase purchase Paradex decentralized exchange that operates at the Protocol 0x, and the fact that this project cost many former employees of Coinbase.
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