Hotbit

Hotbit

2.5 out of 5 stars
Loopring

Loopring

3.0 out of 5 stars
Hotbit Loopring

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Hotbit:

About

Hotbit platform supports 6 languages (Chinese, English, Russian, Korean, Thai, Turkish) and has accumulated 1,000,000+ registered users from more than 170 countries and areas all over the world, among which 90% of registered users are non-Chinese users. We firmly believe that the decentralized crypto-assets are set to reform the global financial system fundamentally and provide us with further highly efficient asset circulation, fairer resource distribution and more transparent trading processes. The distributed ledger and smart contract technology construct the foundation of trust building among mankind, which eliminates the trading barriers, accelerates trading efficiencies and forms a huge impact on real economy. Based on the management concepts of decentralization, Hotbit team aims at building the Amazon in blockchain industry. Hotbit’s powerful internal security audit team provides year-round 7*24-hour real-time online audit services for all users’ assets.
Loopring:

About

Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.
Hotbit:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Loopring:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Supported
Chromebook Not Supported
Hotbit:

Audience

Any user looking for a cryptocurrency exchange platform for their crypto-asset operations
Loopring:

Audience

Anyone interested in a open protocol for highly scalable, non-custodial exchanges and payments on Ethereum using zkRollup
Hotbit:

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported
Loopring:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Hotbit:

API

Offers API Supported
Loopring:

API

Offers API Not Supported
Hotbit:

Screenshots and Videos

Loopring:

Screenshots and Videos

Hotbit:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
Loopring:

Pricing

No information available.
Free Version Supported
Free Trial Not Supported
Hotbit:

Reviews/Ratings

Overall 2.5 / 5
ease 2.5 / 5
features 2.0 / 5
design 2.5 / 5
support 3.0 / 5
Loopring:

Reviews/Ratings

Overall 3.0 / 5
ease 3.5 / 5
features 3.0 / 5
design 2.5 / 5
support 2.5 / 5
Hotbit:

Pros & Cons from Real Users

Pros

  • Trust, good information and update, straight forward and helping excellent support team that helps clients
  • I cant give any pros to this exchange, they treated my badly and took my money, customer service is like talking to an automated robot.

Cons

  • They are slow that all I can say for now nothing else
  • Scam Exchange, bad customer support and they stole my money.
Loopring:

Pros & Cons from Real Users

Pros

  • I didn't really like anything. May be the fact that you changing tokens on l2 is gas free a plus
  • It was very easy to link my wallet with the MetaMask extension in Chrome. Then you can trade without paying the gas fees. It only cost $0.40 per trade which is considerably cheaper than gas fees right now.

Cons

  • It doesn't work with any WalletConnect compatible dapp except for their own website.
  • Nothing really. Interface is basic but this is a beta. The high cost for setting up their L2 wallet is off-putting but that is because of the current gas fee on L1 network.
Hotbit:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
Loopring:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Hotbit:

Company Information

Hotbit
Founded: 2018
China
www.hotbit.io/exchange
Loopring:

Company Information

Loopring
Founded: 2017
China
loopring.org
Hotbit:

Alternatives

Loopring:

Alternatives

ParaSwap

ParaSwap

5.0 out of 5 stars
Hotbit:
Gate.io

Gate.io

3.3 out of 5 stars
Loopring:
Polygon

Polygon

Polygon Labs
Hotbit:
ProBit Global

ProBit Global

4.3 out of 5 stars
Loopring:
Hotbit:
Virtualive

Virtualive

TIN Tech Group
4.5 out of 5 stars
Loopring:
Hotbit:
Loopring:
Meter

Meter

Decentralized Finance Labs
5.0 out of 5 stars
Hotbit:

Categories

Loopring:

Categories

Hotbit:

Integrations

CoinLedger Supported
Apex Crypto Not Supported
Beam Supported
Bitfinex Not Supported
Bitrue Not Supported
Coin Market Manager (CMM) Supported
CoinTracking Supported
Cointelli Supported
CryptoCompare Supported
Dolomite Not Supported
Dune Dashboard Not Supported
Orbiter Finance Not Supported
PieDAO Not Supported
RSK Supported
Token Terminal Not Supported
Uniswap Not Supported
Wanchain Not Supported
YoBit Not Supported
pTokens Not Supported
Loopring:

Integrations

CoinLedger Supported
Apex Crypto Supported
Beam Not Supported
Bitfinex Supported
Bitrue Supported
Coin Market Manager (CMM) Not Supported
CoinTracking Not Supported
Cointelli Not Supported
CryptoCompare Not Supported
Dolomite Supported
Dune Dashboard Supported
Orbiter Finance Supported
PieDAO Supported
RSK Not Supported
Token Terminal Supported
Uniswap Supported
Wanchain Supported
YoBit Supported
pTokens Supported
Hotbit:
Claim Hotbit and update features and information
Claim Hotbit and update features and information
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information