Popular Articles
How to Mint an NFT on the Loopring L2 Web DEX (Advanced)
How to Mint an NFT on the Loopring L2 Web DEX Layer 2 NFT Minting Instructions 1. Create a folder on your PC for NFTs and give it a name. 2. Within the folder, insert the file you want to mint. Example: Logo.jpg 3. Create an account on Pinata ...
Is there a fiat off-ramp?
An "off-ramp" is a service that allows a user to exchange crypto (e.g. ETH, USDC, LRC). to fiat currencies (e.g. US dollars $, Great British Pound £, Euro € etc ). An off-ramp is being developed and is expected in 2022.
What's the difference between a Loopring Wallet and an EOA wallet (like MetaMask, Coinbase wallet)?
TL;DR; Loopring Smart Wallet is a wallet based on a smart contract, granting it special features and functionality. An EOA (Externally Owned Account) wallet is not based on a smart contract, and so lacks similar features. Loopring Smart Wallet The ...
About Loopring
Introduction Loopring is a Layer 2 (L2) Ethereum zkRollup protocol developed for securely scaling Ethereum. The Loopring protocol can be used to build safe, fast, and low-cost non-custodial exchanges and payment applications. We hope to provide a ...
How do I Migrate my wallet to a new device?
A migration is only possible when the user has access to both the original device the wallet was created on as well as the new device the wallet is moving to. If you no longer have access to your old phone with a working Loopring Smart Wallet app, ...
Recent Articles
What is a CEX?
A centralised exchange (CEX) is a way to facilitate trades between users by maintaining an order book; a collection of buy and sell orders that are placed by individual investors. The orders are to buy or sell a certain amount of crypto at a specific ...
What is a seed phrase?
A seed phrase also referred to as a recovery phrase, is a randomly generated cryptographic combination of words that acts as the master password to your cryptocurrency wallet. It must be safely stored (usually written on paper) by the wallet owner; ...
What is a stablecoin?
A stablecoin is a cryptocurrency that is designed to maintain a consistent market price. While the exact mechanisms may vary from one to another, stablecoins are somewhat resistant to market volatility. They shouldn’t experience significant price ...
What is a protocol?
Protocols are basic rules that allow data to be shared. For cryptocurrency, this establishes the structure of the blockchain and allows them to be decentralised. Of course, a protocol isn’t exclusive to crypto, they’re very fundamental to how any ...
What is DeFi?
Short for decentralised finance, DeFi is a term for peer-to-peer financial services conducted on blockchains like Ethereum. You can do pretty much everything that a traditional bank supports like: earn interest, borrow, lend, buy insurance, trade ...