0x – a reference to the first two characters in all Ethereum addresses – is a protocol built on top of the Ethereum network designed to make it easier for people to create decentralised exchanges (DEXs).
Rather than being a DEX itself, 0x provides the infrastructure for other actors (known as ‘relayers’) to build their own markets; think of it as the DEX equivalent of HTTP. They do this by offering networked liquidity, so that all markets operating on the 0x protocol can share the liquidity of a common pool of assets. Currently, 0x offers market functionality on Ethereum, Polygon/Matic and Binance Smart Chain.
ZRX is the native token of the 0x project. It’s used to pay for usage and transaction fees on the network, as well as offering holders the ability to vote on changes to the 0x protocol. ZRX is distributed to holders who improve market making by staking their tokens in specialised staking pools, as well as those who stake their tokens to verify transactions on the network.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits. CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
The CoinJar Prepaid Mastercard is issued by EML Money DAC pursuant to a license by Mastercard. EML Money DAC is regulated by the Central Bank of Ireland. EML Money DAC is authorised and regulated as an issuer of electronic money by the Central Bank of Ireland under registration number C95957. EML Money DAC is deemed authorised and regulated by the Financial Conduct Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Registered office: EML Payments, 2nd Floor La Vallee House, Upper Dargle Road, Bray, Co. Wicklow, Ireland. Company Registration number: 423276.
Apple Pay and Apple Watch are trademarks of Apple Inc. Google Pay is a trademark of Google LLC.