LRC is a decentralized trading protocol for ERC20 tokens. Currently, only tokens that use the Ethereum blockchain can be traded, but all blockchains will be supported in the future.
It reduces counterparty risk and the need to exchange tokens in order to join the platform, and allows users to keep their tokens in the blockchain address (wallet) from the beginning to the end of the transaction.
In the case of centralized crypto asset (virtual currency) exchanges, users have to deposit virtual currency into the exchange's wallet and withdraw it from there to their own wallet, incurring extra transfer fees. However, with Loopling, you can trade without transferring assets from one wallet to another, thus reducing the cost of remittance between wallets.
In addition, by not depositing assets in an exchange, the risk of losing the aforementioned assets to the GOX of the exchange is also overcome.
It can be purchased on BINANCE and other exchanges.
Official website : https://loopring.org/
Twitter : https://twitter.com/loopringorg
Github : https://github.com/loopring
