Loopring is both a protocol and a decentralized automated execution platform. It allows for the trading of digital assets across platforms, decreasing the cost of trading and reducing counterparty risk. Loopring is able to bring together many exchanges onto one platform, allowing for the best price of the digital asset and bringing an even playing field to traders. Theoretically, traders will no longer be able to take advantage of arbitrage opportunities across exchanges because they will all be connected to Loopring, bringing all prices to an equilibrium. This platform also allows for increased liquidity, as it is able to connect multiple platforms into one.
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