Loopring [NEO] LRN to Safe SAFE Exchange

Crypto Pair Details: LRN to SAFE

Loopring [NEO] LRN

Loopring is an open protocol for building decentralized exchanges. Loopring has quickly gained visibility as one of the decentralized exchange options that’s making progress on trading across multiple blockchains. Loopring’s solution utilizes ring transactions and order matching to facilitate asset exchanges. Essentially, it aggregates the order books of other exchanges. This allows any exchange, decentralized or centralized, to utilize Loopring’s protocol to match orders. Part of providing an open protocol is remaining blockchain agnostic. Hence, the first Loopring token (LRC) was launched on Ethereum, but it also plans to launch Loopring NEO (LRN) and Loopring QTUM (LRQ). The plans to launch Loopring NEO are coming along. The distribution of the new tokens, LRN, has already begun. Essentially, the token distribution involves two phases: an investor sale and an airdrop. This guide will look at both phases, how to buy LRN, and what to expect from Loopring NEO. The big selling point of Loopring’s exchange solution is you never have to deposit funds to Loopring. With most exchanges, even other decentralized exchanges, you still have to transfer funds to their wallets. On Loopring, you can keep your funds in your own private wallet when trading. Of course, that creates a challenge for Loopring because the exchange no longer controls the wallet and that means smart contracts need to do the work of verifying that transactions are legitimate and confirmed. When a trade occurs, it happens user to user, with no middleman. Loopring finds the match and coordinates the terms of the trade, but it never controls the assets. Loopring is one of the first projects to attempt launching across multiple blockchain ecosystems. This experiment is interesting and exciting. It also has the potential to be lucrative if Loopring continues to increase in value.

Safe SAFE

SAFE is a blockchain underlying technology platform with three application scenarios: payment (instant payment, privacy payment), security (digital asset issuance and management), and security investment (secure voting). The largest, secure, and private digital currency payment platform and application platform builds millions of users and community ecology from multiple dimensions. SAFE features: • Privacy Protection: The world's largest and safest digital privacy payment and application platform. • Performance extensions: payment (immediate payment, secure payment), security (asset issuance and management, based on Annet issuing tokens), security investment (original voting chain), and other application directions. • Ecological construction: Joint voting chain and Annet space users, integrating users interested in privacy protection such as Da Shi, Monroe, and Zcach, and integrating users interested in secure social and asset issuance.

SOURCE: COINGECKO

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