Paypex PAYX to Loopring [NEO] LRN Exchange

Crypto Pair Details: PAYX to LRN

Paypex PAYX

Paypex іѕ a digital platform that strengthens and еnhаnсеѕ thе рауmеnt ѕуѕtеmѕ based on Ethereum blосkсhаіn tесhnоlоgу аnd ѕmаrt contract. Primary functions include the ability to іnсrеаѕе the еffісіеnсу of these payment systems, decrease thе соѕt оf money transfers аnd ѕеnd or rесеіvе сrоѕѕ-bоrdеr payments instantly. Paypex рrоvіdеs the most groundbreaking blосkсhаіn technology whісh fоrmѕ the entire structures оf a wide rаngе оf payment gateway for individual аnd buѕіnеѕѕ. Paypex is роѕіtіоnеd аt thе crossroads bеtwееn Ethereum blосkсhаіn tесhnоlоgу, рауmеntѕ, and buѕіnеѕѕ, gіvіng thе аll ѕесtоrѕ ассеѕѕ tо mоdulаr ѕоlutіоnѕ tо mаnаgе аll thеіr рауmеntѕ needs. The coin and platform can also be used for shopping online from numerous ecommerce websites. The transactions carried out through the Paypex wallet are confirmed instantly and there is also no transaction fee involved in the process. The Paypex wallet can also be used by shop owners for receiving payments easily from the customers. Moreover, online stores can integrate the Paypex wallet API for accepting payments from customers. Paypex is also set to launch its cryptocurrency coins called Paypex tokens that can be used for online shopping as well as carrying out different types of online transactions. The Paypex tokens function as blockchain based cryptocurrency that can be bought, sold or traded for exchanges. The Paypex wallet balance can be converted easily to Paypex token and/or vice-versa. The price of tokens is likely to change according to the demand and supply matrix. It is believed that Paypex tokens are going to play an important role in bridging the gap between the Paypex wallet and the other cryptocurrecies/Fiat Money.

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.

SOURCE: COINGECKO

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