Buy 0x in Canada
0x made simple
Everything you need to know about 0x and how to start investing in it.
Current Price
$0.5432 CAD
+$0.047772 (9.64%) past 24 hours
- Market CapThe value of the entire supply of a specific cryptocurrency or token. It’s calculated by taking the price of a coin/token and multiplying it by the total number of that coin/token in circulation.
- $524,139,353.52
- Circulating SupplyThe amount of coins that have already been created and are available in the market.
- $841,433,499.74
- Total SupplyThe total amount of coins currently in existence minus any coins that have been burned or removed from circulation.
- $1,000,000,000
- 24h low - high rangeLow-high range over the past 24 hours.
- 0.4532184 - 0.5290018
- 7 day low - high rangeLow-high range over the past 7 days.
- 0.4422855 - 0.5540188
- 52 week low - high rangeLow-high range over the past 52 weeks.
- 0.1995789 - $2.02
0x 101
Ever wanted to swap cryptocurrency tokens, but didn’t trust the unregulated companies that operate cryptocurrency exchanges? Consider decentralized exchange protocols like 0x, protocols that let you swap Ethereum-based cryptocurrency tokens without having to entrust a cryptocurrency exchange with your money.
There are lots of different decentralized exchanges: popular examples include Uniswap, Sushi and Bancor. 0x is more of the same but with a few differences. The first is that 0x is a decentralized exchange aggregator, similar to something like 1inch. It draws on several reputable sources of liquidity to try and get you the best prices on a trade; when you buy a token, the funds could come from liquidity pools on Uniswap, Maker’s Oasis, Curve or 1inch’s Mooniswap, to name a few. 0x also has its own liquidity pools, including private pools for institutional investors.
The second difference is that 0x is very popular as an API. You can trade directly on its consumer-facing decentralized exchange, Matcha, or through other decentralized finance projects, such as TokenIon, Zapper and Zerion. It’s possible that you’ve traded through 0x without even knowing it.
A token called 0x (trades as ZRX) powers this whole network. It’s a utility token, meaning it was created with a specific purpose in mind. First, it is used to pay apps that host an order book using 0x—they earn these ZRX tokens as transaction fees. You can also delegate your ZRX to one of these market makers to earn more ZRX. Lastly, you can use ZRX as a governance token, meaning you can use it to vote on how the platform is run.
Why Wealthsimple Crypto?
Wealthsimple Crypto lets you buy and sell cryptocurrencies all in one easy-to-use app. And as Canada’s first regulated crypto platform, you can trust that your coins are in good hands. How simple is it?
- Sign up in minutes right from your phone or laptop
- Start trading crypto with as little as $1
- No account minimums
- No clunky dashboards — just one super simple app
- Best of all: you don’t need to be an expert in crypto or blockchain to get started
What can you do with 0x?
ZRX is the backbone of the 0x protocol. The 0x protocol is a decentralized exchange aggregator: a fancy term for a protocol that sifts through different cryptocurrency exchange protocols to try and get you the best price on a trade.
Whenever you process one of these trades (when you buy or sell a token through a site that relies on 0x) you’ll have to pay a small amount of ETH to cover your transaction. This money is sent to a big pool, then paid out to any ZRX holders that have staked their money within the 0x protocol. You can also hold ZRX and use it as a governance token, meaning that you can use it to vote on the future of the protocol. This might include voting on parameters that alter how the protocol works, or how to disburse funds to teams of developers that want to build on 0x.
Is 0x a smart investment?
Crypto carries risks — but generally speaking, our advice (regardless of whether you’re investing in 0x or stocks) is: never invest what you can’t afford to lose. The smartest way to grow your money long term is with a diversified, low-cost portfolio that tracks the market.
How we keep your 0x safe
As Canada’s first regulated crypto trading platform, we’re required to meet certain requirements — like using only qualified custodians (like Coinbase Custody) for cold storage.
FYI: Wealthsimple Crypto is not an exchange itself. Instead, we work with multiple exchanges to give you the best 0x prices.
And to make sure your coins are extra protected, we’ve partnered with Coincover for an extra layer of security.
If you’re holding crypto outside of Wealthsimple, that’s no problem. You can safely transfer your 0x to your Wealthsimple account in just a few taps.
Other cryptos to explore
More info about 0x
Want to take a deeper dive? Check out these articles about 0x and the world of crypto.
What is Cryptocurrency?
Robert Stevens
Cryptocurrencies are a type of digital asset that run on blockchain technology. Here’s everything you need to know.
Top Cryptocurrencies and Crypto Exchanges
Robert Stevens
Here’s how to buy and sell cryptocurrencies on crypto exchanges and other trading platforms.
What is Blockchain? The Ultimate Guide
Robert Stevens
A quick primer on the building blocks needed to understand the basics of blockchain
Ready to get started?
Download the Wealthsimple Trade app, create your account, and start trading 0x with just $1. It’s that simple.