Loopring is both a protocol and a decentralized automated execution system. It trades across the major crypto-token exchanges, shielding users from third party risk and reducing the cost of trading. Traders have complete control of their crypto-assets, bypassing centralized and custodial exchanges, which can be bothersome and risky. The trades occur directly from the traders’ wallets, on-chain and with open participation using the LRC price or not. Included in the Loopring price is an open-source system, available to anyone who wants to join the DEX network. Once a member, users can share liquidity or create and manage their own DEX network.
|Genesis Date||August 01, 2017 (7 months)|
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