loopring

Loopring is a decentralized exchange making user a user-friendly platform to buy and sell their digital asset. It was founded in August of 2017 by founders Daniel Wang, Jay Zhou & Johnston Chen to focus on the issues related to scalability, liquidity, and security in decentralized exchanges. By utilizing smart contracts on the Ethereum blockchain, Loopring enables users to trade various cryptocurrencies without the need to deposit funds into a centralized exchange. Looring operates as a decentralized protocol reducing the control as centralized exchange and providing users control over their assets. This platform provides security to the assets as it uses the smart contact on Ethereum and ensures trades are executed securely and users retain their ownership of their private keys.