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Loopring (LRC)

Loopring (LRC)

The price of Loopring is $0.14, a -15.94% change over the last 7 days. Learn more about Loopring’s price history, how it works, and how to invest.

By:
Updated: Jun 18, 2024
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Overview
Markets
Historical Data
Price Statistics
Loopring price today
24h Change $0.005180603551
24h Low $0
24h High $0
Market Cap $195.29M
Trading Volume (24h) $31.07M
Market Dominance 0.009300000000%
Market Rank #225
Circulating Supply 1.37B
Max Supply -

Loopring markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Binance Binance
LRC/USDT $0.14546 $102,813.26 $110,230.02 1,514,405 Recently
2
Coinbase Exchange Coinbase Exchange
LRC/USD $0.14560 $56,334.92 $76,233.49 208,172 Recently
3
Binance Binance
LRC/BUSD $0.18962 $21,690.25 $28,460.77 29,877 Recently
4
Binance Binance
LRC/TRY $0.14615 $3,191.37 $4,962.98 90,143 Recently
5
Binance Binance
LRC/BTC $0.14586 $37,173.28 $39,181.92 18,158 Recently
6
KuCoin KuCoin
LRC/USDT $0.14546 $21,781.11 $32,354.20 21,702 Recently
7
Bithumb Bithumb
LRC/KRW $0.14886 $15,692.27 $5,178.36 55,397 Recently
8
Kraken Kraken
LRC/USD $0.14580 $17,188.52 $21,828.45 2,387 Recently
9
Binance Binance
LRC/ETH $0.14557 $9,400.19 $7,866.52 10,413 Recently
10
Uniswap v2 Uniswap v2
LRC/WETH $0.14451 - - 562 Recently
1
Binance Binance
LRC/USDT $0.14562 - - 5,661,951 Recently
2
KuCoin KuCoin
LRC/USDT $0.14560 - - 82,990 Recently
3
Kraken Kraken
LRC/USD $0.14566 - - 33,000 Recently
4
Huobi Huobi
LRC/USDT $0.18554 - - 5,069,877 Recently
5
OKX OKX
LRC/USDT $0.14570 - - 1,548,710 Recently
6
Bybit Bybit
LRC/USDT $0.14550 - - 660,410 Recently
7
Gate.io Gate.io
LRC/USDT $0.14550 - - 115,678 Recently
8
Bitget Bitget
LRC/USDT $0.14580 - - 345,566 Recently
9
Crypto.com Exchange Crypto.com Exchange
LRC/USD $0.14544 - - 755 Recently
10
Phemex Phemex
LRC/USD $0.20870 - - 3,341 Recently
No data found
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Where can I buy Loopring?

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You can buy Loopring on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy Loopring explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Loopring?

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The simplest way to invest in Loopring is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

What is the price prediction for Loopring?

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The average Loopring price prediction values the coin at $0.15 by the end of 2024. Things like the economic climate, and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Loopring?

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Loopring is decentralised exchange software that lets you buy and sell cryptocurrency. A developer can use its software like a template to build their own exchange and Loopringbinds all these together, matching trades and providing liquidity across the whole network. Holders of the LRC token can earn rewards paid out of the trading fees.

How does Loopring work?

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Loopring works by batching orders across its network of exchanges and then adding them to the Ethereum blockchain. This makes it possible to match virtually any order – with liquidity pooled from every exchange – and to execute them almost instantly.

How is the Loopring network secured?

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Loopring is an ERC 20 token and runs on the Ethereum blockchain. This means that other users secure the network. Validator nodes verify and secure all transactions before adding them to the blockchain. These users are rewarded with tokens for their work in keeping the network secure.

What is Loopring used for?

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Loopring allows users to trade cryptocurrencies using their own wallets, which means they always have complete control of their funds. Users can also use Loopring to trade multiple cryptocurrencies in one transaction, saving time and reducing costs.

Its native token, LRC, can be used to pay transaction fees and incentivise users to provide liquidity to the protocol.

Why does LRC have value?

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Loopring is a valuable network because of its speed. It uses a technique known as ‘zero knowledge proofs’, or ‘zkRollups’. This is basically just a quicker way of verifying everyone has the money they say they do and means Loopring can perform hundreds of transactions and add them to the blockchain in one go.

Who created Loopring?

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Loopring is built on top of the Ethereum network and dates to 2017, when it was created by Daniel Wang, a Chinese software engineer based in Shanghai. Before founding Loopring, Wang held several positions at major tech companies, including Google and JD.com

Where can I buy Loopring?

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You can buy Loopring on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy Loopring explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Loopring?

Copy link to section

The simplest way to invest in Loopring is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Loopringalternatives?

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There are several Loopring alternatives and below you can find a selection of the best ones.

  • Binance. Binance is one of the most popular trading exchanges
  • Nexo. Nexo lets you earn interest on your idle tokens
  • Crypto.com. Crypto.com is another popular trading platform.
Is Loopring safe?
Has Loopring been hacked?
James Knight
Editor of Education
James is the lead editor of education for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and… read more.

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