ETH is not based on the ERC-20 Standard，and thus, can not trade with other ERC 20 tokens automatically. WETH WETH is a ERC-20 token that is equivalent to ETH. The exchange rate between ETH and WETH is 1:1. Therefore, before trading, we need to trade ETH to WETH first.
DAI is equivalent to USDT, a digital currency that anchors to the US dollar. Since USDT is not an ERC-20 token, it cannot be traded directly with Ethereum tokens, so when trading through Loois, we need an ERC-20 token – DAI to act as USDT which anchors to the US dollar.
Since the standard of each wallet is different and we cannot get the standard to get the Mnemonic Phrase address of imToken Wallet, we cannot make both addresses to be the same. However, that’s not a problem, you can use the private key or Keystore to import.
Every pending order has its time limit. Please check your preserved time limit for the pending order. If it’s expired, it will be canceled.
Because of the Loopring Ring-Mining Method, miners will find the profit-optimized solutions to complete the order. Thus, you may get more tokens with less cost.
We use LRC to pay the commission fee, so please check if you have enough LRC.
Transaction charges need to be used as LRC service fee. Please check if LRC fee is insufficient.