5 Best Cryptocurrencies To Invest Your $1000

4. Loopring

Loopring is a decentralized exchange platform that is based on the Ethereum blockchain. The main purpose of the platform is to allow users to trade broadly across various systems and exchanges. It offers greater liquidity for trades than other platforms. To make trades, users place orders using the Loopring wallet. These orders are referred to the Loopring blockchain that uses smart contracts and off-chain relay nodes. Ring miners ensure these orders can be filled and are compensated for their troubles through native coins or split margins from different orders. 

Loopring is different from other exchanges since it uses a careful process of stringing orders together and fulfilling them by ring-matching. Ring-matching can involve more than two parties. It makes the order validation process quicker and easier. Loopring essentially allows users to build high throughput and non-custodial exchanges on the Ethereum network.