ZRX Surge 30% In Price Due To Coinbase Listing

In the recent news presented by the Zerocrypted team, we reported the announcement that 0x (ZRX) will be added to Coinbase, you can read more about it on our 0x Coinbase Listing article. This came as a surprise after a few months ago Coinbase announced that they are interested in adding Cardano, Basic Attention Token, Zcash, Stellar Lumens and 0x. A lot of people expected Cardano to be the first listed, but the truth was that 0X’s Token – ZRX – got there first.

ZRX Increase in price from $0.74 to $1.07

In a recent announcement on the Coinbase blog, Dan Romero – the Vice President and GM of Coinbase Consumer – announced that the ZRX trading is live along with Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ethereum Classic. Almost all Coinbase users can now purchase ZRX – with two exceptions: the residents of UK and New York. The blog post also mentioned the new Coinbase Learn project and a page especially made for 0X. It appears that Coinbase is doing everything they can to increase the adoption and educate the audience regarding what they’re buying and investing properly.

The surge was not a surprise, as a lot of new Coinbase users add ZRX to their portfolio and are probably waiting for multiple assets to be listed on Coinbase – such as the previously announced ones: Cardano, Zcash, Stellar Lumens and Basic Attention Token. The price is $0.94 right now – a small decrease from the 24h high. Since the listing, Coinbase Pro pair ZRX/USD reached an amazing $26 Million USD volume over 24h – being the second one in the 0x markets. There are two other pairs listed there: ZRX/BTC and ZRX/EUR with $5.2 Million USD and respectively $3.4 Million USD.

Conclusion 

With its new listing process, Coinbase is growing easy and steady to become what they call ‘the global bridge from fiat to crypto’ and to unlock the power of the ‘open financial system of the future’. If Coinbase will continue to add more solid projects as 0x – we can expect to see a rise in interest over cryptocurrency in the long term. If you want to find out more about 0x – you can read ‘0x Cryptocurrency Guide‘.

Don’t forget to get a Ledger Nano S to protect your ZRX tokens. You can purchase one at a 20% discount ( from $99.99 to $79.99) from here.

Image Source: Whitepaper database

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