Loopring

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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.

Ongoing projects led by Loopring:

Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.

founded 1 year ago

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communick@blockchained.world

How do I get my lrc out and into my bank. (alien.top)

submitted 1 year ago by drs2023gme1@alien.top to c/loopring@blockchained.world

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Off ramp is not on my app. They have added other things like orbiter and I don't see the the way I used to be able to do it.

I used ti send to binance and convert but binace is banned in UK now so I used crypt.com but I don't have an option for this. I thought I did do this but it said 45 min to wait and its been 2 hours and my 50 lopps are stuck in pending. I used 50 ad 24 of them ate used for the fee which is ridiculous but here we are. How do I get my cash when it's time to sell?

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[–] barefoot_au@alien.top 1 points 1 year ago (2 children)

Loopring wallet > receive > on ramp > banxa > select sell.

GBP is available, looks good to go. Can you see this? If not, maybe check if the app is updated.

[–] drs2023gme1@alien.top 1 points 1 year ago (1 children)

Tried that but country of residence doesn't have Britain or anything close to it. Can you see it your end. I on ramped when it came out easily but was stuck with no off ramp and my loops are stuck in pending for 12 hours now trying to send to another walker.

[–] barefoot_au@alien.top 1 points 1 year ago

Once I get to setting usdc to GBP, it wants to create an order/do the kyc thing with banxa. I'll give a try when I get home shortly.

Hopefully, another UK loopring/crypto user will come by and see this and offer some help. Must be a trusted exchange that is UK compatible.