OpenOcean Becomes the First Ethereum Layer 2 Aggregator
CoinEdition
Published May 06, 2021 04:35AM ET
Updated May 06, 2021 05:00AM ET
OpenOcean Becomes the First Ethereum Layer 2 Aggregator
- OpenOcean has now become the first to integrate Loopring Ethereum Layer 2.
- Ethereum Layer 2 presents a less congested solution.
- OpenOcean is also the first DeFi and CeFi aggregator.
In some exciting news, OpenOcean has now become the first to integrate Loopring Ethereum Layer 2. Additionally, OpenOcean will now be known as the first DeFi and CeFi aggregator.
The development is expected to bring along enormous advantages. Specifically, this includes providing users with the best access to liquidity, pricing, and the lowest slippage. Particularly since the existing Ethereum network is facing some congestion, resulting in high gas fees and delays.
In line with the above, Layer 2 presents a less congested solution for OpenOcean users. Furthermore, users will be able to transact without gas fees and delays, but still with Ethereum main chain level secur...
This article was first published on coinquora.com
Continue reading on CoinQuora
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.