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 (1 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.

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

Open a ticket on discord as well if needed!

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

Going to have too off ramp doesn't even have great Britain on it yet let's you Convert to gbp from usdc coin or whatever it is. Making less sense than yesterday.

[–] Andy89316@alien.top 1 points 1 year ago

Layerswap to L1 and withdraw from there?