Loopring vs BigONE
What problem does this service solve?
|Loopring is a decentralized exchange protocol with unique automated execution mechanisms.||BigONE is an exchange that is backed by experienced and influential blockchain investors. The platform is best known for its interactive trading tools.|
Loopring is an Ethereum-based decentralized exchange protocol with an automated execution. Loopring is not a decentralized exchange. It is an infrastructure that enables decentralized exchange. Loopring is designed to allow any platform that uses smart contracts to integrate. By pooling all orders sent to its network, Loopring provides maximum liquidity and optimal pricing across exchanges and platforms. One of Loopring's unique features is that users don't need to deposit funds with an exchange. Tokens remain in wallets and are not locked by orders. In addition to not requiring direct deposits, the protocol has innovative mechanisms built in that allow for a series of trades to be bound together in an order ring to fulfill each other. The orders can then be split through order sharing, where partial orders will be filled until the whole amount is completely filled. This unique automated execution feature increases liquidity.
BigONE is an exchange that is backed by the blockchain investment firm INBlockchain; an influential investment company that has also invested in EOS, ZCash, Steemit, and other blockchain projects. Several of the companies in INBlockchain's portfolio, that have tokens, are traded on BigOne. BigONE's influential investors give the exchange a high degree of financial stability. The platform is known for its interactive crypto charts and trading tools.
Trading Fee: 0.1%
BigONE has its own token (BIG) that gives holders a discount on trading fees