What is ZRX Coin (ZRX Coin Scam)

What is ZRX coin? According to official information from ZRX, ZRX is a digital t

What is ZRX Coin (ZRX Coin Scam)

What is ZRX coin? According to official information from ZRX, ZRX is a digital token, a type of cryptocurrency, whose value depends on the type of transaction and liquidity. It supports asset transfers between various DeFi applications (such as DEX, lending protocols) through the native token ZRX issued on the Ethereum.

Specifically, ZRX is created through a smart contract that automatically executes the ERC-20 token standard; it can also be used for other use cases. In addition, users can borrow or lend using the tokens on the platform as collateral.

ZRX Coin Scam

According to ambcrypto, an Ethereum address is trying to scam victims who have already purchased the cryptocurrency in the market by creating a ZRX token scam. It is reported that more than 200 users use the ZRX wallet, most of whom have received rewards in the form of free gold bars and digital signatures, while some are asked to refund their funds and withdraw all their cryptocurrencies. As previously reported, ZRX coin was officially launched on May 13th. Additionally, there have been some small transactions involving this fake website.

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