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. 

Singapore

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

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FAQ

Frequently asked questions

Where to buy Loopring (LRC) ?

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.

Will I be taxed if I use cryptocurrencies to pay for goods in Singapore?

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.

Is crypto trading income taxable in Singapore?

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).

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 many people own crypto assets in Singapore?

It is estimated that over 550 thousand people, 9.40% of Singapore's total population, currently own cryptocurrency.

Why is Loopring special?

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

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