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Token name: Loopring (LRC)

Listing date: 20.09.2019

Platform: Ethereum

About LRC: Decentralized exchange and open protocol

LRC was designed as a decentralized automated execution system that enables trading across the crypto-token exchanges, protecting its users from counterparty risk and also reduce the cost of trading.

Loopring is a decentralized exchange protocol built on Ethereum that will allow users to trade assets across exchanges. However, Loopring is not a decentralized exchange. Rather, a tool that facilitates decentralized exchanging by means of ring-sharing and order matching. Both decentralized and centralized exchanges will be able to implement Loopring, providing the exchanges with access to cross blockchain and cross exchange liquidity, thus, giving users access to the best prices available on the broader market. Moreover, Loopring can integrate with any platform that uses smart contracts, such as Ethereum, Qtum and etc.

Biteeu Team
20 September, 2019