0x Use Cases

0x is an open protocol that is designed to offer a peer-to-peer decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange. The team behind 0x strongly believes that in the future, you will find thousands of tokens from Ethereum and that 0x can provide an efficient and trustworthy way to exchange them. 0x is designed to be different from both centralized and decentralized exchanges, providing the best possible combination of features.

What is a Decentralized Exchange and Why Should You Care?

Decentralized exchanges are a huge part of ensuring that everyone is able to access cryptocurrency networks, regardless of who they are or where they live. While centralized exchanges gate access to the blockchain, while decentralized exchanges do not and can not. In this guide, we’ll talk about how they work, and what some of their benefits are. For more blockchain guides, courses, and videos, visit us over at blockgeeks.com!

Coinbase CFO Alesia Haas Discusses Crypto Challenges at Brainstorm Finance 2019

Virtual currency is appearing on the balance sheet of a growing number of companies, including traditional retailers and financial institutions. Yet cryptocurrency’s rollercoaster volatility means new challenges for handling everything from payments to taxes, and more. The CFO of America’s biggest virtual currency exchange and a blockchain-evangelizing e-commerce pioneer offer an inside account.

Patrick M. Byrne, Founder and CEO, Overstock.com
Alesia Haas, Chief Financial Officer, Coinbase Global Inc.
Moderator: Adam Lashinsky, FORTUNE

What is eToro?

eToro describes itself as “the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets.” Social trading is a service that allows investors to follow, share and replicate the trading strategy of other traders.

eToro was founded as RetailFX in 2006 in Tel Aviv, by brothers Yoni Assia and Ronen Assia, together with David Ring with a mission “To make trading accessible to anyone, anywhere, and reduce dependency on traditional financial institutions.”

eToro’s main research and development office is located in Tel Aviv, Israel. In addition to legal entities registered in the UK, Cyprus, Australia and the U.S.A.

eToro offers both short-term options for day traders and long-term options for investors, including stocks, commodities, forex, cryptos, exchange-traded funds (ETFs) and indices,

eToro currently offers crypto trading for U.S. customers but states they will be able to offer additional services “soon.”  My email for elaboration received this response:

“We do not have a time estimation to roll out additional USA trading markets. We will send an email notification as soon as we have an update.”

What is LedgerX?

LedgerX describes itself as “a cryptocurrency asset management platform.”

They are a “CFTC-registered Swap Execution Facility (SEF) and Derivatives Clearing Organization (DCO) specializing in the custody and trading of cryptocurrency derivatives.”

LedgerX trades Bitcoin swaps and options for institutional markets, which are derivatives of the actual value of Bitcoin.  In the future, they will be offering derivatives of other digital currencies.

This is a way Bitcoin users can execute more advanced ways to both place long bets and short the cryptocurrency.

What is Binance?

Binance is a crypto exchange for buying and selling cryptocurrencies. Some of the factors that have made it attractive to crypto traders include its availability in multiple languages, fast order processing and the fact that it transacts numerous digital currencies.

Binance is only for trading cryptocurrencies, and does not handle fiat currencies.

Due to evolving global regulations, Binance moved from China, where it was established, to Japan and then Taiwan and as of March 2018, relocated to Malta (Island country south of Italy).

Coinbase to List Additional Assets

Coinbase is a U.S. crypto exchange which supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin, which of course represent a fraction of the global digital currencies available.  To become more globally competitive Coinbase will begin listing new crypto assets which are in line with local regulations. This is a significant change for Coinbase.

For more info, visit this link: Coinbase’s New Asset Listing Process.