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0x (ZRX) Protocol Launches 0x Instant to Facilitate Lightning Fast Cryptocurrency Purchases

Ogwu Emmanuel by Ogwu Emmanuel
December 10, 2018 - 11:59 am
in altcoins news
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  • The 0x Protocol team says interested hosts will be able to embed 0x Instant in their platforms easily and earn commissions on all crypto purchases made by visitors
  • Instant will also enable users to sell their in-game NFT or dApp tokens quickly
  • 0x Protocol claims a significant number of projects have already started integrating 0x Instant  

0x (ZRX) Protocol, an Ethereum-based distributed ledger technology (DLT) project focused on making it easy for users to exchange Ethereum-powered tokens without  cryptocurrency exchanges, has launched 0x Instant, a system that allows site and app owners to add crypto purchasing feature to their platforms and earn affiliate commissions on all transactions, according to a Medium blog post on December 6, 2018.

0x Instant Expected to make Purchasing Cryptos Fast and Frictionless

Despite the ongoing cryptocurrency market downturn, innovators remain determined to keep launching highly functional products aimed at promoting broader digital assets adoption globally.

In the latest development, 0x (ZRX) protocol has announced the release of 0x Instant, a blockchain solution that allows website owners, app developers and others to add cryptoassets purchasing feature to their platforms with just a few lines of code.

Per the team, 0x Instant is open-source, and its hosts will be able to earn affiliate commissions of up to 5 percent on all transactions made by their site visitors.

The 0x Instant platform reportedly aggregates liquidity from various 0x exchanges for any ERC-20 or ERC-721 tokens, gets the best prices and allows users pay for cryptos with ether through MetaMask, hardware wallets like Ledger, Trezor and others.

The 0x Instant Advantage

In addition to making it possible for people to buy cryptos without passing through exchanges, the team says 0x Instant also allows its hosts to sell their in-game NFT or dApp token in a fast and frictionless way, using the Instant Configurator feature and user-friendly interface.

“developers and innovators can make use of Instant to build product experiences that couldn’t have existed before,” declared 0x Protocol.

0x Instant Steadily Gaining Traction

Thanks to its easy-to-implement nature, coupled with its ability to generate passive income for its hosts,  0x Protocol says Instant is already being used by quite many platforms, including crypto wallets, non-fungible token (NFT) marketplaces, decentralized applications (dApps), crypto news and price feeds and more.

At press time, 0x Protocol’s native ZRX token is ranked 28th on the CoinMarketCap top 100 cryptos table. It has an impressive market cap of $164.27 million and a 24-hour trading volume of $10.77 million, with the price of ZRX sitting at $0.297886.

Tags: CryptoCryptocurrency
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Ogwu Emmanuel

Ogwu Emmanuel

Ogwu is a Nigeria-based blockchain analyst focussing on the regulatory implications of governments in the cryptocurrency industry. He writes regularly for several cryptocurrency-focussed news sites.

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