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.
Loopring wants to become a cross-blockhain protocol. It has plans to integrate with NEO and Qtum.
Coinbase is one of the most prominent and influential crytpo companies. It is the most recognizable exchange in the United States and has over 20 million users worldwide.It is extremely user-friendly and is great for beginners. Coinbase is the intro platform for many first time crypto investors because it has a number of features such a free GDAX account for all users, a user friendly mobile App, and built in wallet options.
There are a variety of security measures, and all funds are insured by the FDIC up to $250,000. Because of this, Coinbase is a very secure and reliable exchange with a reputable brand name
Its' clean and simple platform make it easy to quickly buy or sell cryptocurrency, and track funds through individual currency wallets.
Coinbase is a fully regulated exchange that is compliant with all laws, and because of their size and brand, they have been the subject of IRS investigations in which they were forced to disclose trading information for thousands of user accounts. They openly track user details and trading information. and have been known to close accounts for violating the terms and conditions.This is one of the main reasons that some traders prefer to use another exchange when they have become more familiar with the crypto ecosystem.
Coinbase also has a relatively small amount of currency pairings and the platform does not have tools to accommodate more advance technical traders.
Coinbase also offers a variety of funding methods that make it an attractive choice for US residents that want to start buying crptocurrencies.Accounts can be easily funded. Since Coinbase is regulated, US bank accounts can be directly linked. This allows for relatively easy deposits and withdrawals, with a flat fee of 1.5% for buying via a US account. The trading fee is 0.25%