- Loopring wanted me to pay $401 to start using their wallet, and I said - HECK NO
Sign up images below
I enjoy exploring, and trying new services - particularly if they’re related to the services that I’m already using (i.e. Loopring). Loopring touted their wallet as something for our good. I naturally agreed, and wanted to try it out.
This link below -- I had noticed the fees, but it didn’t sink in.
I went through the mobile app to sign up … and at the end they asked for a $400 payment! I wasn’t even depositing from L1 to L2, and they wanted $$!?
--- oh yea …. On the fee table it does describe a cost for creation of a new wallet. Hmmm
Creation of new wallet ≈ Ethereum TX gas cost
Well then *clears throat*, perhaps it's best to just be patient until things get better gas wise.
I’ve bookmarked these two gas trackers for you
On the other hand ….
paying for a wallet without ever having tried the wallet doesn’t sound like a wise idea.
Recommendation for Loopring
Do something about the wallet creation fee -- it will make adoption far more pleasant.