Review on Loopring [NEO] by Digital Convict
The Next Gen of Finance
When you trade on CEXes, you are giving up the ownership of your assets to intermediaries, facing with it multiple risks.
The vision of Loopring is give to the Assets owners, the real or digital ownership of their assets, and accelerate with this the adoption of BC-Tech & cryptos'.
To provide a satisfing experience to users, they design a orderbook-based DEX engined on the ETH protocol with a cutting-edge construction: zkRollup!
Giving with it, power to the people and their projects, to build a "Highly scalable non-custodial crypto-exchanges".
They way to operate the Trade Platform (on Beta 1) its easy developed to Web3 surfers, all you need to do is enter to their official network and conect your browser wallet, it supports:
MetaMask, MEW, Authereum, Coinbase or WalletConect.
You just need create an Exchange account, tied to Merkle tree and activate it for layer-2. It takes 30 Ethereum confirmations; Take care, during this time, you can deposit; But not trade/withdraw.
If you want to provide liquidity and mining; Its already listed on 30+ exchanges in 5 pairs; Has a total supply of 1,374,513,896 LRC, wich 1,188,503,756 are circulating. IDCM are moving the biggest amounts of it, but the trust score is on red, take care and good trade.
![img 1 attached to Loopring [NEO] review by Digital Convict](https://images.revain.org/blob/review_f6a98b4a_c2ae_4d8b_9abc_816826f7966c_image_0_7dbb3fff9d.jpeg)
Pros
- The idea are improving cryptoasset holders' overall trading experience and peace of mind.
Cons
- it may seem complicated to link to web3 begginner
