Kraken vs Biki Exchange vs Loopring
What problem does this service solve?
Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges. | Biki allows users to trade a variety of cryptocurrencies. | Loopring is a decentralized exchange protocol with unique automated execution mechanisms. |
Token Stats
Not Relevant | Not Relevant |
Company Description
Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity. | The Biki Exchange is a cryptocurrency exchange that is based in Singapore and primarily targets Chinese traders. The exchange issued the BIKI token, which provides holders with discounts on trading fees, as well as other benefits. | 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. |