Ox Protocol Launches ‘Instant’ Crypto Purchasing System for Websites
Ox (ZRX), an open-source protocol that promotes low-friction and peer-to-peer exchange of ERC-20 tokens on the Ethereum blockchain, has recently launched Ox Instant. This is a new service that enables users to add a crypto-purchasing and exchange system to a website or application. As the platform reported,
Introducing 0x Instant
With just a few lines of code, you can now add crypto purchasing seamlessly to any app or website.https://t.co/nvS9x6Jm7h
— 0x (@0xProject) December 6, 2018
The technology will aggregate liquidity from Ox, ERC-720 and ERC-20 by discovering and listing the bet exchange rate, while also enabling those who visit the website and app visitors to pay through Ethereum Wallet, including Trezor, MetaMask, and Ledger. Upon the completion of a transaction, Ox Instant receives an affiliate fee.
“Developers and creators can utilize Instant to build product experiences that couldn’t have existed before. Ox Instant is already being hosted by a diverse set of projects including non-fungible token marketplaces, non-custodial crypto wallets, dapps, and even crypto price fees.”
A few platforms have adopted Ox Instant, such as Coinbase and CoinGecko. The latest has multiple coin pages, including DAI, MKR. BAT, AST, ZRX, and REP. As for Ox Instant, it also works with non-fungible tokens, which allows better distribution of in-game items by blockchain developers. This promotes internal game economics.