How to Buy Loopring (LRC)

Make your investments work for you: Buy and sell Loopring and 40+ cryptocurrencies instantly.


How to buy LRC

Just 3 easy steps to start investing in Loopring

Create your account
on Blocktrade

Sign up on the website, and verify your account with complete information.

Select a payment

Select whether you want to purchase LRC with PayPal, Google Pay, etc.

Start buying

Choose LRC, select how much you want to buy, and make your first investment.

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Payment Methods to Buy Loopring

Other Methods of buying Loopring

Where can I buy Loopring

If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Loopring or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.

Direct Purchase
You can buy Loopring directly from another person over the web.

Crypto Exchanges are the safest places for buying Loopring. You can use Blocktrade as a cheap, secure, and global exchange to buy LRC. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase LRC with a few clicks.


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How to sell Loopring

Sell on Blocktrade

Sign up and verify your Blocktrade account

You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.

Deposit LRC to your Blocktrade account

To sell Loopring on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Loopring address.

Start selling Loopring!

Once you deposited your Loopring in your Blocktrade deposit address, you’ll be able to sell your LRC.


Frequently asked questions

Who uses LRC tokens ?

LRC is used on the Loopring protocol as an incentive payment to the miners as a reward for their mining
process. Furthermore, users who want to create a new exchange on this protocol need this coin as
collateral. They lock their coins to start building their own exchanges or crypto.

Who is the founder of Loopring?

The loopring is a Chinese-based company founded by a software developer called Daniel Wang.
However, the Loopring protocol was registered in Singapore.

How much does it cost to buy Loopring?

The cost of buying Loopring can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of LRC, you can either log in to our website and see the real-time price or check our Loopring Calculator to see the price of Loopring in your desired currency.

Why is Loopring special?

Loopring is a protocol that makes it possible for its users to create their own exchanges on this network.

Where should a beginner buy LRC?

There are several options to buy LRC such as cryptocurrency exchanges, Peer-to-peer marketplaces, Loopring brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Loopring for beginners. You can easily buy Loopring without any buying fees from our exchange.

What is Loopring coin?

LRC is the name of the Loopring coin. It was released in 2017 at the same time this protocol was
launched. LRC is used on the Loopring protocol for different reasons, mainly creating exchanges or
running other DeFi projects.

When to buy Loopring?

There is no right time to buy Loopring, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Loopring or any other cryptocurrency.

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