Loop Network or LOOP (LOOP/USDT – Trade it here) is a smart contracts cryptocurrency system. They are a super scalable blockchain and a powerful DeFi platform. They focus on providing scalability and privacy. Basic information for the LOOP token is available on the MEXC Digital asset introduction page.
How Does it Work
Loop Network is a Layer 1 crypto project. Their platform works as a decentralized exchange. It means that users can use it to mint synthetic assets. This function allows users to wager on an item’s price without owning it. Furthermore, users can invest in crypto with no physical presence and no payment.
What defers Loop Network from their competitors? The Loop Network serves as a platform for turning traditional digital contracts into smart digital contracts. Furthermore, they are fast, secure, flexible, scalable and most importantly, EVM compatible. All smart contracts running on Ethereum Virtual Machine (EVM) can seamlessly port into LOOP Chain. Moreover, they provide a much faster speed and block time.
Additionally, Loop Network provides a super-sized infrastructure for scalability, which promotes smooth operation and quick transactions. They created a distributed ledger system that divides super-resolution photos in patches. Each patch in return can be distributed to multiple nodes. This will ensure that the failing nodes do not disrupt the system.
Recent Price & Performance of Loop Network Token (LOOP)
LOOP is currently performing at $0.02666 USD with a fully diluted market cap of $5,662,563. You can check the live price of LOOP Token right here!
How to buy Loop Network Token (LOOP)
You can buy Loop Network Token (LOOP) on MEXC by the following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “LOOP” using the search bar to see the available trading pairs. Take LOOP/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of LOOP you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy LOOP] to confirm your order. You will find the purchased LOOP in your Spot Wallet.
You can find a detailed guide on how to buy LOOP tokens here.
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