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Venezuela
2 Level
86 Review
264 Karma

Review on Loopring Exchange by Eve Vallenilla

Revainrating 3 out of 5

Do you want to be part of creating exchanges?

The digital industry offers endless exchange platforms for the commercialization and management of cryptographic protocols on a global level. However, not all of them offer the freedom and functionality that the online commerce user requires to execute their financial operations quickly, cheaply and without intermediaries.

To provide a solution based on blockchain technology, the Loopring digital infrastructure has emerged.

What does Loopring bring to the world of digital assets?

 Thanks to Loopring's virtual machinery, it is possible to build truly free exchange platforms without the intermediation of entities or governments.

In addition to allowing total autonomy to manage assets without leaving your digital infrastructure. It follows that it allows users and traders to save time and money by not considering the need to migrate to other exchange portals to trade assets on a global scale.

 Achieve efficiency in the transfer of assets by using the native token to achieve automation of orders or orders. This is possible thanks to the use of smart contracts within the platform.

 Provides a secure wallet that keeps assets safe while trading, without the need to transfer them to another exchange

 It uses the atomization mechanism in the exchange of cryptographic protocols, which favors the efficiency in the validation process and the consequent speed in the monetary conversion. It also facilitates subsequent and unalterable registration in the distributed global ledger, thereby guaranteeing the impossibility of duplication of payments and the security of the chain.

In this sense, it reduces the risk of electronic fraud of exchange platforms that operate centrally.

 Offers easy management to acquire the token in just two steps



Pros
  • Offers special blockchain services to design non-custodial exchanges
  • It has open source platforms and smart contracts ideal for decentralized solutions
  • Provides autonomy in the management of digital assets
  • Facilitates asset trading within the same exchange platform
Cons
  • No disadvantages´

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