Review on Loopring Exchange by Anyoma Gabriel
I must surely trade here
Loopring exchange was brought up based on ethereum blockchain as a decentralized exchange. This exchange gives room for the swapping of Majorly ERC tokens. Since this exchange is a decentralized one. There is full assurance if the security of your funds. Nothing like hack ability, or any illegal act you know that can make you lose your funds. The above part of this exchange should be considered. Also the liquidity in this exchange is deep. Though I haven't trade here, why? Because the exchange is in beta due to the recent establishment of v2 . For an exchange to be in beta, it will be very risky to trade here as an ethereum trader. Once I start using this exchange I promise bro give an update .
Pros
- It is a decentralized exchange
- Trading here is convenient
- Good trading interface
Cons
- The exchange is in beta, which is very risky to trade
- It allows swapping for only ethereum based token
- I am not okay with the liquidity
