Buy Loopring
with Debit Card

Debit Card

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Buy Loopring
with Zero Fees

Buy and trade Loopring with
Debit Card on Blocktrade
without any trading fees

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How to buy Loopring with Debit Card

Why investors buy Loopring with Debit Card

A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:

  • The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
  • It is safe to use against fraud.
  • Debit cards do not have an annual fee.
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Is LRC a good investment?

A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:

  • The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
  • It is safe to use against fraud.
  • Debit cards do not have an annual fee.
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Who can buy Loopring with Debit Card

Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.

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What is LRC ?

LRC is the official token on the Loopring exchange, released in 2017, with a market cap of $316.3 M. LRC
is mainly used on this protocol to create decentralized exchanges. People can create new exchanges on
the Loopring protocol. But to do this, they need to lock their LRC tokens. The number of locked tokens is
different based on the project. Furthermore, LRC acts as an incentive mechanism for using this protocol
properly. This means if an exchange on this protocol performs with mistakes, its deposit tokens (locked
coins) will be confiscated and divided among other users. Furthermore, since LRC is minable, people
who do the mining will receive LRC tokens as a reward.

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How to buy LRC with Debit Card instantly?

The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.

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Where can I buy LRC online with a Debit Card?

In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away. 

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Is LRC Reliable?

Loopring is considered a secure protocol that uses the Proof-of-Work (PoW) mechanism for protecting
the mining process. Regarding its coin, LRC is also an Ethereum-based coin which is a safe token to hold
in your wallet. However, to make it more secure, the platform offers a dedicated wallet called Loopring
Smart Wallet, which has a more secure process for transferring coins. However, you can still keep this
token in other trusted Ethereum wallets. But you should always select a strong password for any wallet
you use.

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GET STARTED

Just 3 easy steps to start investing in Loopring

Sign up and verify
your account

Make your first
deposit

Start your
investment journey

FAQ

Frequently asked questions

The Loopring coin (LRC) is available on most exchanges. You can also buy this crypto from the Loopring
exchange itself. However, it would be a good option if you purchase this coin on a more affordable
exchange like Blocktrade. Since you don’t need to pay any processing fee on this platform, it would be
more cost-effective for you to buy LRC on Blocktrade.

In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification

No one can tell you if it is good to buy a coin. Everything depends on your choices and the crypto market
condition. Therefore, check LRC’s price today and read its whitepaper, experts’ comments, and price
predictions. Then you can have a brighter perspective on this coin.

Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.

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.

The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.

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