How to buy Loopring coin
The Loopring coin is widespread among the cryptocurrency trading platforms. The sixty exchanges offer 14 pairs: LRC/USD, LRC/INR, LRC/BUSD and other. Detailed information, including price prediction, fees and last project news is listed below.
Where to buy Loopring
Step 1You need an account with a cryptocurrency exchange that supports Lrc crypto. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
BKEX | 0.15 / 0.2 | MEDIUM | Yes | $86372 |
|
Digifinex | 0.2 / 0.2 | MEDIUM | Yes | $45856 |
|
BingX | 0.075 / 0.045 | MEDIUM | Yes | $10974 |
|
Coinbase Exchange | 0.5 / 0.5 | HIGH | Yes | $34667 |
|
Bitget | 0.1 / 0.1 | HIGH | Yes | $44942 |
|
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 |
|
XT.COM | 0.2 / 0.2 | HIGH | Yes | $108341 |
|
BitMart | 0.25 / 0.25 | HIGH | Yes | $101098 |
|
OKX | 0.1 / 0.15 | HIGH | Yes | $40971 |
|
Kraken | 0.16 / 0.26 | HIGH | Yes | $8116 |
|
Crypto.com Exchange | 0.1 / 0.16 | HIGH | Yes | $14617 |
Purchase or transfer with P2P one of this coins: THB, KRW, BTC, INR, BUSD or other.
Step 3Go to spot market on trading platform and type the token name in search box. Choose between available trading pairs, then set order and push Buy LRC button.
Congratulations!
Once you hit "buy" button, the Lrc crypto will be available on your account on the exchange. Remember that only transferring your coins from crypto exchange into offline wallet like Trezor Model T or Ledger Nano S Plus, you help better protect your purchase. Not only does this shorten your risk if your trading platform gets hacked, but if you transfer secure wallet, your Lrc cryptocurrency becomes safe assets. Only flaw is, usually have to pay a small fee to move your coins from the cryptocurrency exchange.
What is Loopring
Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges. zkRollup is an Ethereum L2 scaling solution that migrates computations off the blockchain. Loopring protocol only uses the underlying Ethereum blockchain as a data layer and a verification layer. As a result, Loopring's throughput is as high as 2,025 trades per second compared to Ethereum’s current throughput of 15 transactions per second. The result is that the cost per trade settlement is as small as $0.00015. Loopring's performance is sufficient for professional traders and market makers to deploy algorithmic strategies and other automated trading bots
Video Review
What is Loopring? LRC crypto & Should you BUY It?
Statistics and Externals
Concepts of hash algorithm not applicable to Loopring cryptocurrency. The genesis block was started on 2017/08/01. The startup is based in China.
Price and supply
The current total supply is 1.4 billion, with a circulating supply of 1.4 billion LRC as of Mar 2024. The maximum amount of coins that will ever exist in the lifetime of the Loopring is 1373873397.
The price of Loopring token is $0.400863222482 as of 10:23 PM. The price went up on 1.0387% over the past 24 hours. The recent price action left the token's market capitalization at 300.2 millions USD. So far previous 30 days, the Loopring coin went up on 1.54%.
FAQ
What cryptocurrency exchange can I buy Loopring token?
Lrc coin can be bought from sixty trading platforms. Some of them: Biconomy, Dcoin, Gate.io, Bitfinex and Bithumb.
Is Loopring coin a good investment?
The Loopring coin is medium risks asset that has potential to fall. Due to the high volatility of all crypto industry you have to consider: any cryptocurrency has a possibility price to crash to zero, learn the risks before you start trading and unexpected changes in market can lead to sharp and sudden moves in price. The other side of that investing in crypto assets is potentially extremely profitable.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.