Cryptocurrency Loopring (LRC): review, course and chart

Total offer 1,374,956,262 LRC

An experienced Chinese IT team created the project in 2017. Loopring is an open-source protocol to facilitate the exchange of digital assets, providing users and companies with an automated decentralized financial transaction system.

The developers intend to provide the most technologically advanced, secure, and optimized trading platform capable of competing with top digital currencies. Developers aim at solving the problems that exist in many existing exchanges, as they have become overly centralized. Accordingly, they are subject to hacker attacks and hacking.

Loopring exchange service does not have such drawbacks, functioning in a fully decentralized way. All transactions will be reliably protected from fraud. It is also intended for the conversion of currencies of different digital services. All transactions processed by the system based on smart-contracts are available for public review and are free of charge for participants.

There are two types of charges when servicing the protocol - a commission fee for transactions and for writing off the cost of the call.

LRC is a digital network token, which is designed for Ethereum-based trading tools of the ERC20 standard. To buy a token, you need to buy a BTC. You cannot buy a token fora fiat money.

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10 Loopring (LRC)