WHAT IS CRYPTO?
BUYING GUIDES
CURRENT PRICES
CRYPTO GLOSSARY
A no-frills feast of cryptocurrency news & gossip...
Share the news with your friends:
These are tagged with 'Loopring'
The easy guide to buying and storing Loopring coins
October 2, 2017
The easy guide to buying and storing Loopring coins

Loopring bills itself as ‘not only a protocol’ but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. They do this by raising the liquidity of cryptocurrencies, thereby aiming to build the financial system of the future (they have modest goals, right!).

Loopring state that they offer zero risk to traders, in that they do not require users to send tokens to exchanges for custody. Tokens always remain in their blockchain addresses during the whole transaction life cycle. Users can even transfer their tokens around after orders are submitted – Loopring will automatically adjust trading amount at the initial price- thereby Loopring promises to protect users from threats such as exchange bankruptcies and DDOS.

And it’s all decentralized. Orders are automatically executed while trade funds remain under your control in a decentralized smart contract on the blockchain.

It all sounds pretty exciting, and if you’d like to get yourself some Loopring coins there’s now a step by step guide to buying and storing them here.

Tagged with:
Contact us by email here | Follow us on getcrypto.info logoFacebook, getcrypto.info logoTwitter & getcrypto.info logoInstagram
getcrypto.info and its affiliates make the information in this web site available as a service to its customers and other visitors, to be used for informational purposes only. While we have tried to provide accurate and timely information, and have relied on sources we believe to be reliable, the site may include inadvertent technical or factual inaccuracies. getcrypto.info does not warrant the accuracy or completeness of the materials provided, either expressly or impliedly, and expressly disclaims any warranties or merchantability or fitness for a particular purpose. Neither getcrypto.info nor any of its affiliates, directors, officers or employees, nor any third party vendor, will be liable or have any responsibility for any loss or damage that you incur in the event of any failure or interruptions of this site, or resulting from the act or omission of any other party involved in making this site or the data contained in it available, or from any other cause relating to your access to, inability to access, or use of the site or these materials. Decisions based on information contained on this site are the sole responsibility of the user, and in exchange for using this site, you agree to hold getcrypto.info and its affiliates harmless against any claims for damages arising from any decision you make based on such information.
Coinbase Ledger