Coinmama vs Kraken vs Loopring
What problem does this service solve?
Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards. | Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges. | Loopring is a decentralized exchange protocol with unique automated execution mechanisms. |
Token Stats
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Company Description
Coinmama has become a reputable and reliable option for beginners looking to purchase bitcoin and ethereum. It has an easy to use interface, the option of instant purchasing via credit cards, and real time customer service. These reasons make it a very attractive option for people looking to get in to the world of cryptocurrencies easily. | Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity. | 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. |