Review on Loopring [NEO] by Amos joseph
Loopring
Everyday newly integrated blockchain project are been introduced with the sole aim of providing users with a more secure and advance security protocol in other to secure users asset from cryber theft.
With Loopring a NEO blockchain project which aims to provide a secure environment for traders to conveniently trade without the risk of loosing their asset to dubious platforms.
Users can connect their wallet and trade directly on the platform which give users 100% control over their crypto asset.
Pros
- A non custodial exchange platform for users to conveniently trade and exchange their crypto pairs directly on the platform by linking their wallet no need for making deposit on the platform which gives users total control over their crypto asset
- Supported by ethereum and NEO base blockchain
- Decentralized exchange platform with advance security system and active social handle
- Loopring project has good market potential
Cons
- Platform not popular with low market price and trading volume
New products
Comments (2)
October 26, 2020
thanks for the review. It was an enlightening article. As far as I understand, Loopring eliminates the need to deposit money directly to the platform we want to trade. we can only make transactions by connecting our wallet. so we don't have to take any risks. You have expressed it quite successfully. excellent job ...
October 26, 2020
I would still like to know how it is different from sushiswap and uniswap as we can easily trade on these dex platforms with our wallets and without any risk. Can you explain it because I've decided to give it a go ?
