1. What is Loop Alliance Deposit and Withdrawal?
Loop is an all-in-one assets transfer network based on blockchain, aiming to solve the problems of blockchain network transaction congestion and excessive transaction fees by offering clearing and settlement services similar to traditional financial institutions. All users in the Loop can transfer instantly without any fee.
2. What are the advantages of Loop Transfer？
- Zero Transaction Fee
- Instant Confirmation
3. How to use Loop Alliance to deposit?
After selecting the network, click [Switch to Loop]. If your sending address is also a Loop Alliance address, you can enjoy zero transaction fee and instant confirmation; if your sending address is not a Loop Alliance address, an on-chain transfer will be performed.
4. How to use Loop to withdraw cash?
BIT will automatically identify whether the withdrawal address belongs to the Loop Alliance address. After entering the address of the Loop alliance, it will prompt [Loop transfer, free & instant arrival]. When withdrawing money, no transaction fee will be charged, and it will be credited to the account very quickly.