Buy Loopring
with PayPal

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

• The PayPal payment method is easy to work with, it is user-friendly and simple. 
• It uses a highly advanced anti-fraud system that increases the security of this platform.
• Anyone can make a PayPal account easily and benefit from its services.

LRC was released in 2017 with an initial price of $0.05. It started 2018 with a surprisingly high price of
$2.59 but quickly fell to $0.25. This token was almost asleep for two years because its price didn’t
change significantly until 2021, when it set a record all-time high price of $3.81. However, it recessed
again and dropped to $0.21 at the end of 2022.
It is common for people who want to buy a coin to be curious about its future, especially for investment.
However, the future of cryptocurrency is not predictable. But you can read about price predictions
because these are the analyses that experts in this field have done. Therefore, the LRC price prediction
can give you a hint about the probable fate of this coin. Crypto analysts think the LRC price would go
higher than $1 in 2026 and might continue to grow and reach $3 by 2030. Considering these predictions,
it might be better to think about LRC as a long-term investment.

Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.

Loopring is a decentralized exchange (DEX) based on Ethereum that launched in 2017. It is considered
the second layer solution of Ethereum called Loopring L2, which allows users to do their transactions
with higher speed and lower fees compared to Ethereum. Loopring L2 is more than a decentralized
exchange, it acts more like a payment software that allows users to send their ERC-20 tokens to any
Ethereum address quickly, securely, and with lower costs. The Loopring users can also create new
exchanges on this protocol.

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.

By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.

First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency purchase. 

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.