Bitpanda Plans to Add 0X Token (ZRX) Amidst Altcoin Market Crash

The Bitpanda exchange is set to expand its offerings by adding the 0x token (ZRX) to its list of supported digital assets, highlighting its commitment to including more ERC-20 tokens with potential. The ZRX token is associated with a decentralized application and a protocol designed for creating decentralized exchanges.

While the 0x protocol has been utilized by various companies, the practical use of the ZRX token remains somewhat ambiguous. Nearly a year following the conclusion of the 0x ICO, the project is still very much in its early stages. Data from DappRadar indicates that the 0x decentralized application typically sees fewer than 200 users within a 24-hour period.

Despite this, the 0x protocol is actively employed by the Radar Relay exchange, a marketplace that recently recorded a trading volume of $1.5 million.