Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Loopring (LRC) is now available on KuCoin. Supported trading pair is LRC/USDT.
Please take note of the following schedule:
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
1,374,378,440 | $655,724,764 | 2017-08-01 | ERC20 |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
1,215,437,229 | $106,232,360 | $0.053 | - |
* The key metric numbers are calculated as at February 3, 2021
Loopring is a protocol for building decentralized exchanges. Besides the protocol smart contracts, Loopring provides higher liquidity and price improvement by matching orders in the form of order-rings. With order sharing, multiple relayers can form a consortium for building a shared liquidity pool to compete with established exchanges. Also, Loopring combines off-chain order sharing and on-chain settlement.
Official Website: https://loopring.org/#/
Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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