0x (ZRX) is a DeFi coin that was launched in 2016. Founded by Will Warren and Amir Bandeali, 0x works as a liquidity aggregator over various decentralized exchange (DEX) systems. The protocol allows the peer-to-peer swap of decentralized finance assets in a cost-effective and frictionless way.

In addition, the developers added a standard protocol that analyses the tokenization of DeFi blockchains. Over time, 0x has garnered some traction in the market, meaning it could be a worthy addition to your crypto portfolio. In this guide, you will be shown how to buy 0x and every additional detail you need to purchase this asset safely. 

How to Buy 0x—Quickfire Walkthrough to Buy 0x Tokens in Less Than 10 Minutes

0x is a DeFi coin that has attracted some market interest. If you are planning to buy 0x tokens, the best way is through Pancakeswap. The exchange allows you to trade tokens without a centralized intermediate or third party. 

Following the steps below, you are less than 10 minutes away from buying your 0x tokens. 

  • Step 1: Download Trust Wallet: This is a software wallet; it is also the most suitable for Pancakeswap exchange. You can download it on your mobile device via Google Playstore or Appstore. 
  • Step 2: Search for 0x: Once the download is complete, install and then open. Search for ‘0x’ using the box at the top right corner of the app. 
  • Step 3: Fund Your Trust Wallet: You cannot buy 0x without crediting your wallet with cryptocurrency. This can be done by either transferring digital tokens from an external wallet or using your debit/credit card. 
  • Step 4: Connect to Pancakeswap: Click on ‘DApps’ at the bottom of the Trust Wallet and select ‘Pancakeswap.’ Continue by clicking on the connect button to link your Pancakeswap to your Trust Wallet. 
  • Step 5: Buy 0x: After connecting, click on the ‘Exchange’ button. Proceed by choosing the cryptocurrency you want to swap for 0x. Enter the amount of 0x tokens you want to buy and finalize the process by clicking the ‘Swap’ button. 

The 0x token goes straight into your Trust Wallet, where it is safely secured. Likewise, you can use your Trust Wallet to trade your 0x tokens or any other coin of your choice.

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

How to Buy 0x Online—Full Step-By-Step Walkthrough

As a newbie, you already have a glimpse of how to buy 0x from the quickfire guide enumerated above, but that might not be enough. If this is your first time, you might need a more comprehensive guide on how to buy 0x.

Buying a DeFi coin and steering through a decentralized exchange can be a bit complex, so the thorough walkthrough below breaks down the how-to process every step of the way. 

Step 1: Download Trust Wallet

Trust Wallet comes with a built-in decentralized exchange that enables you to trade digital assets via DApps. 

The hierarchical character of this wallet lets you obtain a new address every time you transact to ensure your balance is hidden. In addition, the same key generator gives you a phrase that you need to store safely to recover your wallet if required quickly.

Pancakeswap is a decentralized application that needs to be connected to a wallet, just like all other DApps. Trust Wallet is a worthy option as it is easy to use for newbies and is backed by Binance. It also supports thousands of tokens and the 15 pre-eminent cryptocurrencies in the market. 

Being a software wallet, it is available for download on mobile devices via Google Play and the Appstore. Upon downloading, you will need to open the app and generate your login details. Then you will get a 12-word passphrase that will be used to recover your wallet should you forget your details or lose your device.

It is advisable to write down the passphrase and keep it in a safe place. 

Step 2: Fund Your Trust Wallet 

Considering that you just obtained a new wallet, you won’t have any digital assets in it as of yet. So you will have to fund it with cryptocurrency before buying 0x tokens. 

You can fund your Trust Wallet in two ways:

Send Cryptocurrency from an External Wallet 

One of the ways to fund your Trust Wallet is to transfer cryptocurrency from a different source. This can be done if you have an external wallet with digital tokens.

You can receive cryptocurrency in your Trust Wallet with the steps below.

  • Initiate your Trust Wallet app and click on ‘Receive.’
  • Choose the cryptocurrency you want to transfer into your wallet.
  • You will receive a unique wallet address. This is the address where the cryptocurrency will be sent.
  • Copy the address and proceed to the external wallet.
  • In the external wallet, click on ‘Send’ and paste the address you have copied.
  • Input the amount of the digital token you want to send.
  • Confirm the transaction.

You will receive the cryptocurrency in your Trust Wallet within minutes.

Buy Cryptocurrencies using your Credit/Debit Card

The second way to obtain cryptocurrency is through the use of fiat money. This refers to inconvertible paper money made legal tender by law. This is an option in case you have no digital tokens in an external wallet.

One of the advantages of using Trust Wallet is that it allows you to buy cryptocurrencies using your debit/credit card.

Here are the steps below.

  • Select ‘Buy’ on the Trust Wallet app. 
  • On selecting, you will be shown all the tokens you can buy with your card.
  • While you can pick any token, it is advisable to go for Binance coin (BNB) or other popular cryptocurrencies like Tether (USDT).
  • You need to go through a Know Your Customer (KYC) process. Here, you will be asked to provide personal details and upload a copy of a government-issued ID. This is needed because you are buying cryptocurrency with fiat money.
  • Once you are done with the KYC process, input your card details and the amount of cryptocurrency you want to buy.
  • Confirm your transaction.

The cryptocurrency will reflect in your Trust Wallet within seconds.

Step 3: How to Buy 0x Tokens through Pancakeswap

Once you have credited your Trust Wallet with a cryptocurrency, you are one step away from buying 0x via Pancakeswap. This exchange permits you to have one digital asset in exchange for another without going through a third party.

The first thing to do is connect Pancakeswap to Trust Wallet, as mentioned earlier. Then you can proceed to swap the cryptocurrency you have in your Trust Wallet for 0x.

Here is how to go about it:

  • Select ‘DEX’ on the Pancakeswap page.
  • Click on the ‘Swap’ tab.
  • You will see a ‘You Pay’ tab where you will pick the cryptocurrency you are paying with. 
  • Input the number of digital tokens you want to exchange. Note that it must be the cryptocurrency already in your Trust Wallet. 
  • Go to the ‘You Get’ tab and pick 0x from the drop-down list. 
  • You will be shown the 0x equivalent you will get. For example, for 1 BTC, you will get about 5,087 ZRX (0x token) equivalence.
  • Click on ‘Swap’ to complete the transaction. 

Check your Trust Wallet to see the 0x you have purchased.

Step 4: How to Sell 0x

You’ll likely want to sell your 0x tokens sometime. After all, one of the goals of investing is to make financial gains. Since you need to trade your digital tokens to realize their value, it is important to understand how to sell 0x, just as much as the buying process.

The strategy with which you want to sell your 0x tokens depends on your goal.

  • You can swap 0x with another token via Pancakeswap. You simply need to exchange it for a token of your choice, as explained in Step 3. 0x is the coin you will choose in the ‘You Pay’ section, and the token you want in return will be selected underneath ‘You Get’.
  • You can also cash out your 0x tokens into fiat money. For this, you simply need to transfer your 0x tokens to Binance or any other exchange platform and sell them into fiat money. Afterward, you can access your money via your bank account.

Notably, you cannot access fiat money without completing a KYC process, which means your anonymity will be lifted. 

Where to Buy 0x Tokens Online

0x has a maximum supply of 1 billion tokens and a fully diluted market cap of over $550 million – as of mid-2021. This makes 0x one of the most notable coins garnering impressive traction in the DeFi market. Consequently, it is possible to buy the DeFi coin through several exchange platforms. 

However, if you want to buy 0x seamlessly, the best platform to use is a decentralized exchange like Pancakeswap. Here are some reasons explaining why Pancakeswap is the best.

Pancakeswap—Buy 0x through a Decentralized Exchange

Pancakeswap is a decentralized exchange with low transaction costs and high speed. It also grants its users access to new tokens, making diversification easy. For those who want a private trading experience,  Pancakeswap is an excellent choice as it does not require a KYC process.

This indicates that you can begin trading as long as you have digital assets in your Trust Wallet. The platform is top-rated and currently has over $4 billion in locked liquidity as of the time of writing in mid-July. These pools are filled by users who inject funds and get liquidity provider (LP) tokens in return. 

Moreover, with the exchange’s pairing mechanism, it matches users for trading purposes seamlessly. Furthermore, these LP tokens can then be used to reclaim users’ share of the pool and a portion of the trading fees. This is in addition to the numerous farming options. Pancakeswap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get reimbursed with CAKE tokens.

As stated earlier, Pancakeswap can be accessed via Trust Wallet. So, to buy 0x, you must have an established cryptocurrency with which you’ll swap. Then, you can proceed to link Pancakeswap to your Trust Wallet and buy 0x. Owing to Pancakeswaps’ simple user interface, it is suitable for both beginners and pros alike. 

Pros:

  • Exchange digital currencies in a decentralized manner
  • No requirement to use a third party when buying and selling cryptocurrency
  • Supports a sizable number of digital tokens
  • Allows you to earn interest on your idle crypto funds
  • Sufficient levels of liquidity – even on smaller tokens
  • Prediction and lottery games


Cons:

  • Might appear daunting at first glance for newbies
  • Does not support fiat payments directly

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

Ways to Buy 0x

There are several ways to buy 0x, and you can easily find one that will meet your needs.

Below are the best ways to buy 0x right now. 

Buy 0x with Debit/Credit Card

For you to buy 0x tokens with a debit card, the first thing is to have a popular digital coin like Ethereum or Binance Coin in your wallet. After that comes the swapping process via Pancakeswap.

  • You can buy cryptocurrency through Trust Wallet with your debit/credit card.
  • Once the purchase is complete, connect Pancakeswap to your Trust Wallet.
  • After, swap the cryptocurrency in your Trust Wallet for 0x via Pancakeswap.

Irrespective of the exchange platform used, you will not be able to buy 0x tokens anonymously because you are initiating a purchase with fiat money. As such, you will need to complete a KYC (Know Your Customer) process.

In addition, you will need to upload a copy of your government-issued ID. This can either be a driver’s license or a passport.

Buy 0x With Cryptocurrency

To buy 0x tokens with another cryptocurrency, all you need to do is connect Pancakeswap to a supported wallet. Trust Wallet is the best pick here. The next thing is to transfer the cryptocurrency you want to use to your wallet and connect to Pancakeswap. After connecting, proceed to swap with 0x to finish the process. 

Should I Buy 0x

The urge to invest in a DeFi coin is understandable, especially if the asset is generating impressive returns. However, while you may want to FOMO (Fear of Missing Out) on a DeFi coin, it’s important to first research adequately. This way, you get to understand the trajectory of the coin and whether you should invest. 

With this in mind, we have brought together a few important things for you to consider before you buy 0x. 

Useful for Governance Participation

The 0x protocol is financed by an ERC20 utility token known as ZRX. Those holding the coin can participate in platform governance through which they propose and decide on alterations to the protocol. Being a stakeholder adds more credibility to owning the coin, as investors get to decide on key matters. 

In 2019, 0x revealed an update to the ZRX token, adding more functionalities. The new model allows ZRX holders to delegate their stake to a market maker and receive passive rewards without compromising their voting capacity.

Useful for Trading a Wide Range of Assets

Unlike other Ethereum DEX protocols, 0x supports both fungible (ERC20) and non-fungible (ERC-723) digital assets. This means it can be utilized for the permissionless dealing of a wide variety of assets, giving holders a way to trade and exchange the vast bulk of Ethereum assets.

Additionally, the 0x (ZRX) protocol has a wide range of use cases, including eBay-style marketplaces for digital goods and services, exchange functions for DeFi protocols, OTC trading desks, and plain-old decentralized exchanges.

Best Rates

Prices are important to traders. You want to ensure you’re buying a project at the best price that serves your interests.

  • This is one of the perks of the 0x protocol. After all, the platform offers users the best market price because traders are allowed to get quotes from off-chain networks.
  • This makes it possible to scan all possible options to get suitable prices.

More so, owing to its advanced application programming interface (API), the protocol gets its liquidity from the entire market, making it wide enough for millions of users. 

Low Price

At around $0.60 per token as at the time of writing in mid-July, 0x has a low price compared to many other Defi coins like Lido and NXM. As known in the cryptocurrency market, a coin is best bought when it has a low price. 

That way, anyone investing in the digital token early can enjoy the coin’s increase when the bullish season arrives. Yet, while this could be the best time to get the coin, you still have to do your research before going forward.  

0x Token Price Prediction

When you’re learning how to buy 0x, you’ll be curious about future prices, so you know when to invest. However, it is impossible to predict its worth even in the next few days due to unforeseen changes in market activities. 

Cryptocurrencies are highly volatile and speculative. The price of 0x can be influenced by anything, making it difficult to predict. Therefore, it is best to investigate well and not make online predictions a basis for you to buy 0x. 

Risks of Buying 0x

Just like every other cryptocurrency, there are risks involved in buying 0x. The price of 0x is influenced by market speculation, meaning it can fall or rise at any point. 

If there is a price fall, you will have to wait until there’s an increase to regain your initial stake. Yet, there is no assurance of a price rise either. Nonetheless, you can reduce the risk that comes with buying 0x in the following ways.

  • Buy 0x tokens in small amounts periodically.
  • Diversify by investing in other cryptocurrencies. 
  • Research thoroughly before venturing into an 0x token investment. 

Best 0x Wallet 

Once you have purchased 0x tokens, the next thing is to get a safe wallet for storage.

Below are the best 0x token wallets. 

Trust Wallet: Overall Best 0x Wallet

Trust wallet is a software wallet that can be accessed on mobile devices. It can connect to several decentralized exchange platforms, including Pancakeswap. It is user-friendly and a great option for newbies and experts alike in the cryptocurrency field. 

Trust Wallet also allows you to buy digital assets with your debit/credit card. You can download it on your mobile device via Google Play or the Appstore. 

Ledger Nano Wallet: Best 0x Hardware Wallet 

Ledger Nano is a physical wallet that allows you to go offline while storing your 0x token. This way, you only need to connect to your phone when you want to transfer funds out or manage your cryptocurrency.

It is a hardware wallet that protects your cryptocurrency from cyber attacks. With this option, your private keys cannot be stolen as they are integrated within the wallet itself.

Atomic Wallet: Most Versatile 0x Wallet

This is the most versatile 0x wallet on the market. Not only does it have the advantage of holding lots of tokens, but it also comes with an exchange reaching over 60 pairs. The most beneficial part is that there is 1% cashback when exchanging.

Users who do not own any cryptocurrencies can obtain some using Atomic’s support for debit/credit cards. You can access Atomic Wallet via your mobile device or desktop.

How to Buy 0x—Bottom Line 

In conclusion, the process involved in buying 0x is best completed with a DEX like Pancakeswap. This helps you to trade anonymously without involving a third party. 

You can initiate your 0x purchase through Trust Wallet, which allows you to fund your purchase with cryptocurrency or a debit/credit card. With this how to buy 0x guide, you can purchase as many tokens as you want from the comfort of your home. 

Buy 0x Now via Pancakeswap

 

 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

FAQs

How much is 0x?

At the time of writing in mid-July 2021, one 0x token is worth about $0.60.

Is 0x a good buy?

0x is a volatile and speculative token. Therefore, it is best to do your own personal research to see if 0x is a good buy for you or not.

What is the minimum 0x tokens you can buy?

You can buy as little or as much as you desire. That's the nature of cryptocurrencies - which can be fractionized into tiny units.

What is the 0x all-time high?

0x reached an all-time high of $2.53 on 9 January 2018.

How do you buy 0x using a debit card?

The process of how to buy 0x is quite straightforward if you want to use your debit/credit card. You’ll firstly need to get a wallet, preferably Trust Wallet because of its simplicity and support for the fiat option. All you need to do is connect Pancakeswap (the best decentralized exchange to buy 0x) to your wallet. Swap the cryptocurrency bought with your debit/credit card for 0x, and that completes the process.

How many 0x Tokens are there?

0x has a total supply of 1 billion ZRX and a circulating supply of over 845 million ZRX. As of July 2021, the coin has a market cap of over $500 million.