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Loopring Deposit

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Pros

High throughput with the ability to handle up to 2,025 trades per second, making it efficient for active traders.
Users retain full control over their assets, enhancing security and reducing risks associated with centralized exchanges.
Low transaction fees due to the use of zero-knowledge rollups, making trading cost-effective.

Cons

Users must deposit assets into a smart contract, which may deter those hesitant to commit their funds.
Limited primarily to Ethereum-based assets (ERC-20 tokens), potentially restricting trading options for users interested in other blockchains.
The platform may be complex for beginners due to its reliance on advanced cryptographic techniques and the need for a web 3.0 wallet.
Loopring Deposit