I never did layer swap I just enabled layer 1 eth wallet and it can accept the erc 20 coins from coinbase, Gemini, kraken, etc very quickly to my l1 loopring address. No layerswap was needed. I felt more comfortable doing it this way.
You can use later swap. I sent my LRC to the crypto.com exchange from the app, then used layer swap to send them for the exchange to loopring. I’m Canadian for reference if that matters
I like your hopium, but any major "migration" we're gonna see will be based on the progress of the team/project..not instant fallout from disenfranchised CEX users.
I'm happier than ever that looping reps have never gone on tours promoting lrc like the next big thing making noise all over the internet. I've always been bullish on this aspect of this project.
It is a decentralized exchange. Your wallet is self custodial.. meaning no one at Loopring can touch it, freeze it, or do anything with it. You own it.
my optimism says yes for the long term. My pessimism says no for the short term and my " I have water in the glass" will continue to wait until tomorrow becomes today.
There are about 50 other DEXs with more volume than loopring. Not sure why this event would make loopring more popular relative to existing competition
A decent bear market is sure to get of a lot of shit coins and bad actors in the space. Loopring will come through well. The shit with taiko worries me though
I will never rejoice in someone losing hard earned money but I am hopeful people will come to the same conclusion we all did. I’m reality, a lot of people will learn and move their shit to Loopring wallet or cold storage, but in reality I imagine a lot of folks will just move their shit to another CEX until the next one blows up.
Not just Loopring, but bullish for DEXs in general.
I have to figure out how to get from Crypto to a loopring wallet.
Layerswap.io!
PSA: Trial sized amount first!
I never did layer swap I just enabled layer 1 eth wallet and it can accept the erc 20 coins from coinbase, Gemini, kraken, etc very quickly to my l1 loopring address. No layerswap was needed. I felt more comfortable doing it this way.
If you're dealing with ETH, you can use
Another example of why DEX > CEX
hopefully our DEX is the future of crypto trading, but without people actually trading on it its going to have marginal if not minimal impact.
I have no idea at all how to use it to trade. I filled my wallet from coinbase so I'm a case in point
[удалено]
Ya. Maybe market once we can off ramp easier. Most ppl don't want to hassle with not being able to access funds fast as possible in current climate
Ftx just showed why dex is better, since it’s no better than the current corrupt market. Cex is for dummies
This is the moment loopers have been waiting for...
Definitely. Also the price point is very appealing
How do I get LRC from Crypto.com to my LEC wallet? 🤔
You can use later swap. I sent my LRC to the crypto.com exchange from the app, then used layer swap to send them for the exchange to loopring. I’m Canadian for reference if that matters
I like your hopium, but any major "migration" we're gonna see will be based on the progress of the team/project..not instant fallout from disenfranchised CEX users.
Any major migration will be out of crypto with so many people disillusioned after losing money on FTX.
It's part of the gestalt moreso than causal of anything long-term. It's evidence that cefi has a timer in its head.
I'm happier than ever that looping reps have never gone on tours promoting lrc like the next big thing making noise all over the internet. I've always been bullish on this aspect of this project.
Agree! I'm glad Loopring team did not associate themselves with people like Mashinskis or Do Kwon.
We need a master list of tokens we can put on the Loopring wallet, stat!
Can someone explain how loopring is not an exchange?
It is a decentralized exchange. Your wallet is self custodial.. meaning no one at Loopring can touch it, freeze it, or do anything with it. You own it.
It is an exchange, it is not a centralized exchange.
on Loopring exchange assets are always in your wallet, on Binance, coinbase and all other big names assets are in their system.
Off-ramp.
Yep! Was thinking about this today actually
Can we stake on chain in the wallet? I need to get my lrc off the CEX
They are working on staking right now
my optimism says yes for the long term. My pessimism says no for the short term and my " I have water in the glass" will continue to wait until tomorrow becomes today.
Maybe you should start an exchange OP. You have the brains.
We need CEXs for mass adoption.
Is there a list of supported coins on Loopring Wallet?
There are about 50 other DEXs with more volume than loopring. Not sure why this event would make loopring more popular relative to existing competition
Could you indicate what those DEX are?
Well I personally believe in Loopring's future, but I also like to look through a critical lense
No. This is a wrecking ball for confidence in anything happening in the crypto space.
2008 wasn't bullish for banks but it was for cash in hand. LRC/DEX is cash in hand
A decent bear market is sure to get of a lot of shit coins and bad actors in the space. Loopring will come through well. The shit with taiko worries me though
What shit with Taiko? Ethereum needs to scale. That is what Taiko is for. If Taiko is successful, loopring will be successful, imo.
Gives byron and team precedent to make prudent end point decisions like going to a dex
I was always bullish on Loopring
Finally moved all my LRC from crypto.com to L1 Loopring wallet today.. it’s kinda stuck on l1 cuz I can’t figure it out but at least it’s safe
Sorry, I forget how far I've come on my crypto journey comparatively. Lots of videos on Looprings YouTube channel which explains
I will never rejoice in someone losing hard earned money but I am hopeful people will come to the same conclusion we all did. I’m reality, a lot of people will learn and move their shit to Loopring wallet or cold storage, but in reality I imagine a lot of folks will just move their shit to another CEX until the next one blows up.
Maybe they should be using this crisis to advertise the advantages of their wallet/dex.
Been storing my loops in my GameStop wallet, Dex is way better than Cex.
Short term bad for all crypto, long term great for DeFi.
Thank me later!
Thank me later!