Banxa | Loopring launch new partnership

Banxa is pleased to announce a new partnership with Loopring, an Ethereum Zero-Knowledge Rollup (zkRollup) protocol that facilitates scalable, secure exchanges and payments worldwide. From Wednesday, February 23rd, 2022, customers can now access additional Layer 2 solutions with significantly lower fees, a fraction of standard pricing, and an enhanced user experience. 

Loopring is a zkRollup protocol facilitating decentralized on-chain order settlement exchanges. As a pioneer for L2 smart contract wallets, Loopring prides itself in providing both secure and optimized products to create better experiences for customers and developers.

“We’re excited to be partnering with Banxa as we aim to provide users with flexibility and low-cost direct onboarding to L2. Security and sovereignty have been our top priority from day one. We are excited to offer our premium user experience of accessibility and security through the accelerated access of L2 to Banxa customers,” said Steve Guo, CEO of Loopring.

Banxa customers can now benefit from direct fiat purchasing with Loopring for the broadest range of currencies and payment methods using credit cards and direct bank transfers. In addition, by reducing complexity, Banxa and Loopring help break down the barriers to customers accessing blockchain and cryptocurrencies worldwide. 

About Loopring

Loopring is an Ethereum zkRollup protocol for scalable, secure exchanges & payments. Loopring builds non-custodial, high-performance products atop our layer-2, including the Loopring Wallet — a mobile Ethereum smart wallet, and the Loopring Exchange — an L2 order book and AMM DEX. To learn more, you can sign up for our Quarterly Update or see Loopring.org.