About bZx Protocol (BZRX)
Name bZx Protocol
Market Capitalization$107.57 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
bZx Protocol (BZRX) Frequently Asked Questions
What is bZx Protocol?
bZx is not itself an exchange, but a protocol that can be integrated into the current exchange infrastructure. Exchanges and relays are incentivized by fees denominated in the BZRX protocol token (BZRX) to offer decentralized margin lending and margin trading services. Assets are valued and liquidated via competing oracle providers. By decoupling the valuation and liquidation of assets from the protocol, the oracle marketplace approach allows competition to drive the oracle provider fee to its marginal cost while encouraging experimentation and flexibility. The new BZRX token will be launched on the Ethereum mainnet Monday, July 13th, 2020.BZRXv1 token holders can easily migrate to the new BZRX token using the Staking Dashboard here Token holders will need to migrate in order to unlock their BZRX tokens.Token holders will need to migrate to the new token by the time the platform relaunches in August to qualify for Fee Sharing.BZRXv1 token holders will have 1 year from the launch of the new token on July 13, 2020, to migrate their holdings to BZRX tokens. (Description provided by CryptoCompare)
How do I buy bZx Protocol?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including bZx Protocol.
Where can I get bZx Protocol wallet?
bZx Protocol produces its own wallet software that is available for download on its website, which allows you to store bZx Protocol on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of bZx Protocol?
One bZx Protocol (BZRX) is currently worth $0.30 on major cryptocurrency exchanges. You can also exchange one bZx Protocol for 0.00000525 bitcoin(s) on major exchanges. The value (or market capitalization) of all available bZx Protocol in U.S. dollars is $107.57 million.
What hashing algorithm does bZx Protocol use?
bZx Protocol is a coin that uses the ETH Token algorithm.
What coins are similar to bZx Protocol?
The following coins use bZx Protocol's ETH Token algorithm and proof-type: Crypto.com Coin, Polygon, Polygon, Binance USD, Chainlink, Decentraland, Axie Infinity, Parkgene, FTX Token, DREP, DREP [old], THETA, Dai, Fantom and Gala.
bZx Protocol (BZRX) Price Chart for Wednesday, December, 1, 2021
bZx Protocol (BZRX) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as bZx Protocol. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "bZx Protocol Coin" over the last 90 days.
bZx Protocol (BZRX) Website Traffic
bZx Protocol (BZRX) Social Media Trends
bZx Protocol (BZRX) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com