Buy
Loopring
in Singapore
Trusted by Loopring buyers, you can buy and trade Loopring in Singapore and 100+ countries on Blocktrade without any fees easily.
WHY BLOCKTRADE
Your entry to the world of crypto
Buy Loopring with Zero Fees
Buy and trade
Loopring in Singapore
with Blocktrade without
any trading fees
Wide range of cryptocurrencies
We offer a wide range
of cryptocurrencies
to buy in Singapore. Number increasing
as we’re adding new coins and tokens regularly.
Regulated
in the EU
Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..
Learn More about buying LRC in Singapore
How to buy Loopring in Singapore
Buy Loopring at your ease
Payment methods to buy Loopring in Singapore
Credit Card
Debit Card
Bank Transfer
Credit Card
Debit Card
Bank Transfer
PayPal
Google Pay
Apple Pay
PayPal
Google Pay
Apple Pay
GET STARTED
Just 3 easy steps to your first investment in Loopring
Sign up and verify
your account
Make your first
deposit
Start your
investment journey
MANAGE YOUR PORTFOLIO
Buy Other Cryptocurrencies in Singapore
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.
No. According to the E-Tax Guide by IRAS, if you use cryptocurrencies to pay for goods and services, the person who pays by cryptocurrency won’t be taxed but the business providing the goods or services will be taxed instead based on the value of the goods or services being provided. This is because cryptocurrencies are not the same as fiat currencies (meaning they aren’t considered legal tender), and they are treated as intangible property for the purposes of income tax treatment. This might reduce the likelihood of businesses accepting your crypto tokens as a form of payment.
Yes. According to the E-Tax Guide by IRAS, crypto trading can be subject to income tax in Singapore, and in case you engage in crypto trading regularly, you should make a record of your transactions so that you can report them to the Monetary Authority of Singapore (MAS).
The loopring is a Chinese-based company founded by a software developer called Daniel Wang.
However, the Loopring protocol was registered in Singapore.
It is estimated that over 550 thousand people, 9.40% of Singapore’s total population, currently own cryptocurrency.
Loopring is a protocol that makes it possible for its users to create their own exchanges on this network.
