Purchasing 0x (ZRX) in Australia has never been easier. Whether you're based in Sydney, Melbourne, Brisbane, or any other state, acquiring this popular cryptocurrency is now a seamless process thanks to the growing number of regulated exchanges and user-friendly platforms. In this comprehensive guide, we’ll walk you through the four essential steps to securely buy 0x (ZRX) from Australia, compare top brokers, and provide expert insights to help you make informed decisions.
What Is 0x (ZRX)?
Before diving into the purchasing process, it's important to understand what 0x (ZRX) is. 0x is an open protocol that enables the decentralized exchange of Ethereum-based tokens. It acts as infrastructure for peer-to-peer trading on the blockchain, allowing developers and users to swap ERC-20 and other tokenized assets without relying on centralized intermediaries.
The native token, ZRX, serves two key purposes:
- Governance: Token holders can vote on protocol upgrades and changes.
- Transaction Fees: Used to pay for decentralized exchange operations on certain implementations.
With increasing adoption of decentralized finance (DeFi), ZRX remains a relevant asset for investors interested in the future of open financial systems.
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Step-by-Step: How to Buy 0x (ZRX) in 4 Simple Steps
Step 1: Compare Cryptocurrency Exchanges
Not all exchanges support ZRX trading pairs with Australian dollars (AUD). To save time and reduce fees, start by comparing platforms that offer direct ZRX purchases or easy swaps from major cryptocurrencies like ETH or BTC.
Key factors to consider:
- Regulation & Security: Choose exchanges registered with AUSTRAC.
- Payment Methods: Look for options like POLi, bank transfer, OSKO, credit/debit cards.
- Trading Fees: Compare deposit, withdrawal, and trading costs.
- User Experience: Opt for intuitive interfaces, especially if you're new.
👉 Discover a secure platform where you can start trading ZRX today.
Step 2: Create an Account
Once you've selected a trusted exchange, sign up by providing basic information such as your name, email address, and phone number. Most platforms require identity verification (KYC) to comply with anti-money laundering regulations.
This typically involves uploading:
- A government-issued ID (e.g., driver’s license or passport)
- Proof of address (e.g., utility bill)
Verification times vary—some platforms complete the process within minutes, while others may take up to 24 hours.
Step 3: Deposit Funds
After your account is verified, fund it using one of the available payment methods:
- Credit/Debit Cards: Instant deposits; ideal for small purchases.
- Bank Transfer / OSKO / POLi: Lower fees, suitable for larger amounts.
- Cryptocurrency Transfer: If you already own BTC or ETH, send them to your exchange wallet.
Ensure the deposit method supports AUD to avoid unnecessary conversion charges.
Step 4: Buy ZRX Tokens
Now that your account is funded, navigate to the trading section and search for ZRX. You can either:
- Buy ZRX directly with AUD (if supported), or
- Trade using BTC/ETH pairs
Place your order—choose between market price (instant execution) or limit order (set your desired price). Once confirmed, your ZRX tokens will appear in your exchange wallet.
For long-term holding, consider transferring them to a hardware wallet like Ledger or Trezor for enhanced security.
👉 Access a global exchange with advanced tools to manage your ZRX portfolio.
Best Platforms to Buy 0x (ZRX) in Australia
1. Binance
Binance is one of the world’s largest and most trusted cryptocurrency exchanges, serving millions of users globally. Founded in 2017 by Changpeng Zhao, Binance offers robust security, deep liquidity, and a wide range of trading options.
Australian users can buy ZRX directly using AUD via credit/debit card or bank transfer. While card purchases incur a fee of 1.5%–3.5%, trading fees are among the lowest in the industry at just 0.1%.
Why Choose Binance?
- Over 300 cryptocurrencies available
- User-friendly mobile and desktop apps
- Fast KYC verification
- Regularly adds new tokens and trading pairs
Binance is ideal for both beginners and experienced traders looking for flexibility and scalability.
2. Independent Reserve
As a fully Australian-based exchange, Independent Reserve provides a secure and compliant way to buy ZRX with AUD. Regulated and trusted by over 200,000 customers—including more than 8,000 self-managed superannuation funds (SMSFs)—it’s a top choice for local investors.
The platform supports instant AUD deposits via OSKO and bank transfers, with strong security measures including cold storage and two-factor authentication.
Available Cryptocurrencies Include:
- Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT)
- Chainlink (LINK), Ripple (XRP), Stellar (XLM)
- Litecoin (LTC), Maker (MKR), DAI, COMP, GRT
- Tether (USDT), BNB, OMG, KNC—and yes, ZRX
With 24/7 customer support based in Sydney, Independent Reserve stands out for its transparency and local presence.
3. Easy Crypto
Founded in 2017, Easy Crypto offers a beginner-friendly platform tailored for Australian users. It supports over 140 cryptocurrencies, including direct ZRX purchases with AUD.
Payment options include:
- POLi Pay
- Account2Account transfers
- OSKO
- Traditional bank deposits
Transactions are processed quickly, and funds can be sent directly to external wallets—perfect for those using hardware storage solutions.
Easy Crypto is AUSTRAC-registered (DCE100581366-001), ensuring compliance with Australian financial regulations.
Frequently Asked Questions (FAQ)
Q: Is it legal to buy ZRX in Australia?
Yes, purchasing and holding 0x (ZRX) is completely legal in Australia. The Australian Taxation Office (ATO) recognizes cryptocurrencies as taxable assets, so keep accurate records for reporting capital gains.
Q: Do I need to pay taxes on ZRX?
Yes. Any profit made from buying, selling, or trading ZRX is subject to capital gains tax (CGT). Always consult a tax professional for personalized advice.
Q: Can I buy ZRX with cash?
While direct cash purchases aren’t common, you can use peer-to-peer platforms or deposit cash into your bank account and transfer it to a supported exchange.
Q: Where should I store my ZRX after purchase?
For maximum security, transfer your ZRX tokens to a non-custodial wallet such as:
- Hardware wallets: Ledger Nano X, Trezor Model T
- Software wallets: MetaMask, Trust Wallet
Avoid keeping large amounts on exchanges due to hacking risks.
Q: How much does it cost to buy ZRX?
Costs vary by platform:
- Trading fees: Typically 0.1%–0.2%
- Deposit fees: Free for bank transfers; ~1.8%–3.5% for cards
Always check fee schedules before transacting.
Q: Can I set up recurring buys for ZRX?
Some platforms like Binance and Independent Reserve allow dollar-cost averaging (DCA) through scheduled purchases—an excellent strategy for long-term investors.
👉 Start investing in ZRX with a trusted global exchange that supports AUD deposits.
Final Thoughts
Buying 0x (ZRX) in Australia is straightforward when you choose the right platform. Whether you prioritize low fees (Binance), local support (Independent Reserve), or ease of use (Easy Crypto), there’s an option tailored to your needs.
As DeFi continues to grow, protocols like 0x play a vital role in shaping the future of decentralized trading. By following this guide, you're well-equipped to enter the market safely and confidently.
Remember: Always do your own research (DYOR), store your assets securely, and only invest what you can afford to lose.