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RE: Breaking: Coinbase Buys Paradex Trading Platform The Uses 0x Protocol

in #bitcoin7 years ago (edited)

I was going to post on this also @rt395 but you beat me to it.

The biggest question I have is why the 0x token went up so high, when the Paradex exchange WILL NOT BE USING the 0x token for trading fees. They will only be using the 0x protocol BUT again, not the token.

I guess just being connected to anything that sounds awesome can swing crypto prices instantly!

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Using the protocol on a very publicized platform I would think would drive additional projects to use it. Perhaps it becomes "the" protocol for DEX's. Similar to ETH for smart contracts.

Sorry I beat ya to it. You can still post it. You'll probably get more attention than me.

I agree that publicity is good, just seems strange for such a price boost when there really isn't much news for 0x, and not that I am complaining either.

As for the story, I think I will write up on this but with a slightly different angle. Stay Tuned @rt395

This is crypto. Things are still crazy.

Looking forward to it and will re-steemit.