OX (ZRX) Unveils Ox Instant Service For Enhancing Crypto Payments IN Websites
Ethereum Open protocol OX (ZRX) has unveiled a new service that makes it easy for websites and apps to integrate digital currency payments. OX instant is the name of the new service that will make it easy for users to add seamless crypto purchasing and exchange functionality.
OX Instant Capabilities
OX instant is open source and fully configurable. The new service automatically discovers and lists all the best possible exchange rates. It also makes it easy for people to make payments using any Ethereum digital wallet.
Websites and apps that integrate the new service stand to earn an affiliate fee on people making purchases using the OX instant.
“Developers and creators can utilize Instant to build product experiences that could not have existed before. 0x Instant is already being hosted by a diverse set of projects including non-fungible token marketplaces, non-custodial crypto wallets, dApp, and even crypto price feed,” OX in a statement.
OX instant popularity is slowly growing as more cryptocurrency projects and companies continue to integrate it. Cryptocurrency exchange Coinbase has already integrated the service on integrating instant purchases on its Ethereum based mobile app. CoinGecko is another exchange offering support for the service.
The OX instant service also works with non-fungible tokens something that paves the way for game developers to distribute in-game items. Some of the supported NFGs include Gods Unchained tournament passes as well as cryptoStrickers player cards.
OX Instant for game developers
Game developers will also be able to create marketplaces for driving internal game economies. Developers who wish to embed a simple one-click buy interface to sell in-game items can do so with the use of off-the-shelf UI and Instant Configurator. A game developer only has to select a token of choice and then select a liquidity source.
For those who want more flexibility and control, going with AssetBuyer the engine that powers instant would be the right call. AssetBuyer does away with any complexity of sourcing orders and performing market buyers.
The unveiling of OX instant according to OX should go a long way in redefining how people buy and sell crypto assets. Ox expects the service to give more people access to purchase tokens, in addition, to increase liquidity in the OX network.
The launch of the cryptocurrency new service did not have the desired impact on Ox native currency. ZRX dropped 12.8% to $0.30404.