Loopring

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The DeFi protocol, which runs on the Ethereum open-source blockchain. It provides for fast exchange of assets between different exchanges, ensuring interoperability of decentralized applications of this type.

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Project	Loopring
Project Token	LRC
Website	https://loopring.org
Social media	Twitter, Discord, Youtube, Weibo, Medium
Date of foundation	2017
Head Office	C/O SHRM Trustees (BVI) Limited Trinity Chambers ROAD TOWN, TORTOLA British Virgin Islands
Types of support	Email: [email protected] Twitter Discord
Communities	Reddit, Investing.com, Medium
Languages	English
Founder	Daniel Wang
The owner of the company	Loopring Technology Ltd.
Current price	2.67 USD
Market capitalization	3546335081 USD / -11.55%
Trading volume 24 h	814465327 USD / -61.07%
Circulating Offer	1328253790 LRC
Price History 7 days.	From 2.6 to 3.83 USD
Price History 30 days.	From 0.368 to 3.83 USD
Free version	Free open source code
Features of cryptocurrency	Loopring ecosystem branded token for active interaction between independent mining nodes
How to get	Purchase on the exchange, exchange
Ways to make money	Investing, Stacking, Profitable currency exchange, Creating your own project on DeFi, Stimulating liquidity pools, Bug Bounty
Project analogues	0x, Kyber Network, Deri Protocol, Serum DEX, etc.
Crypto exchanges	Binance, Coinbase, FTX, Bitfinex, OKEx, Poloniex
Wallets	Ledger, Trust Wallet, MetaMask, Coinbase Wallet, Atomic Wallet
Growth Factors	General market growth of the cryptocurrency market, Increased interest in the project, New partnership contracts, The potential success of the ICO, Attracting experienced developers and consultants
Risks	Emergence of fake tokens, Loss of invested assets, Possible cyberattacks, Loss of value of invested asset, PC malware
Project Features	Ethereum-based peer-to-peer exchange protocol used to exchange assets on various exchanges
Additional features	Blog
Landing	On external platforms
Steaking	Yes
Farming	Yes
Benefits	High speed of application processing Domestic token growth trend High level of security Low trade commissions Variety of tools available
Disadvantages	Relatively slow development of the project Not suitable for short-term investments
Project duration	From 2017
Number of users	70000+
API	Read more
Source Code	Open Source for Developers
White Papers	Company info
Company requisites	Legal name: Loopring Technology Ltd. Legal address: C/O SHRM Trustees (BVI) Limited Trinity Chambers ROAD TOWN, TORTOLA British Virgin Islands
Overall assessment	4.2/10
Date of update	11.04.2022