0x is a protocol that makes possible development of decentralized exchanges on Ethereum platform, where users will be able to sell and buy different ERC20 tokens. Its goal is to change
cryptocurrency exchange market by moving participants from server-based exchanges (like Coinbase) to decentralized ones. 0x protocol will include circulation of its native token – ZRX. This token will be used for two purposes: voting and payments. Speaking about other particularities of 0x, we should mention that this protocol transports orders off-chain, making transactions to be cost-effective and fast. This P2P system guarantees security, speed and efficiency of exchange process.