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Loopring Token

Attention Loopring tokenholders!

The GIIS project is currently accepting applications for reimbursement of losses from investing in the ICO of this token. See the official GIIS website for details.

loopring
Year 2017
Founders ----
Origin China

Loopring is a token that supports a Decentralised Finance protocol. It is an Ethereum-based Smart Wallet with an implemented solution of zero-knowledge Rollups. ZkRollups enable Loopring wallet holders to have faster settlements and cheaper transactions.

What is a zero-knowledge rollup? This is an advanced form of cryptography that is surpassing a well-known technique called zero-knowledge proof that enables a computer programme to make a claim about data without actually sharing it. A zero-knowledge proof can give authorities proof that you are above the age required to enter some site without actually sharing the exact date of birth. ZkRollups are based on the same technique and unite hundreds of transfers into one transaction, which speeds up transactions and makes them much cheaper, while they first occur outside Ethereum blockchain.

LRC is key to using the exchange, as everyone who wants to use the decentralised exchange has to keep at least 250,000 LRC on their wallet, while an operator has to lock up at least 1 mln LRC. In other words, it is impossible to use the exchange or even become its operator without holding some Loopring tokens, which is a wonderful boost for the token price.

Stages

The ICO took place in 2017, when Daniel Wang, a software engineer based in China, published the future-proof protocols

Problems and perspectives for the token

Unfortunately, the project had to return most of the funds raised during the ICO due to tightening regulations in China at the time. They had to return about 80% of the raised funds and had to proceed with the remaining funds. However, the team managed to make a great product even with these limited funds.

If you purchased Loopring during the ICO in 2019-20 and are willing to restore a part of your losses, we highly recommend you to use GIIS project’s services (Global ICO Insurance System). Currently, the GIIS project finishes the registration for Loopring tokenholders.

Time left for Barter tokenholders registration:

  • 26Hours
  • :
  • 09Minutes
  • :
  • 53Sec

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LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

This website is maintained and supported by the following legal body:

LHCRYPTO LTD

All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

The services provided by this project are not available for: residents of USA, France, North Korea, Spain, Sudan and Syria.

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