What is Loopring LRC? #henryzhang #loopring #lrc

👉 Free Trading Signals: 👉 Join Crypto Community: 👉 Free Trading Signals: What Is Loopring [LRC]? LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges. In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders. Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws. Loopring’s purported goal is to combine centralize