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Where & How to Buy Loopring (LRC) for Beginners in 2025
In this guide
- 1. Where & How to Buy Loopring (LRC) for Beginners in 2025
- 2. How to buy Loopring quickly in 3 steps
- 3. Where to buy LRC easily
- 4. Best exchanges to buy Loopring (LRC), reviewed
- 5. How to trade LRC
- 6. What is the best way to pay for Loopring (LRC)?
- 7. How do I store Loopring (LRC)?
- 8. Is now a good time to buy Loopring?
- 9. FAQs
Trade your favourite markets with our top-rated broker, .
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Loopring coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Loopring this way. Follow our quick step guide below.
How to buy Loopring quickly in 3 steps
Copy link to sectionTo buy Loopring you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to a crypto platform
Copy link to sectionSign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.
Step 3. Buy Loopring token
Copy link to sectionLocate the search box and type LRC. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.
Now you own Loopring tokens! Not a big deal, right?
Where to buy LRC easily
Copy link to sectionThe overall best platform to buy Loopring for beginners is Uphold .
Here are the top five places to buy Loopring, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
- Uphold: Best for building long term wealth
Read more about how we rate, rank and review platforms.
Best exchanges to buy Loopring (LRC), reviewed
Copy link to sectionWe found 2 crypto platforms for users based in
1. Uphold. Best for building long term wealth
Copy link to section
Overview
We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies.
Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention.
Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies.
The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.
Highlights
| No. of tradable assets | 250+ |
| Min. Deposit | $1 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Crypto, Commodities, |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FinCEN |
Fees & Costs
| Trading fees | No |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
How to trade LRC
Copy link to sectionYou can trade Loopring on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how LRC crypto trading works:
- Monitor the price: For simplicity, let’s say the price of LRC/USDT is $1. You read the price charts and decide that now is a good time to start purchasing LRC.
- Open a trade: You trade one USDT for one LRC ($1 USD for 1 LRC).
- Continue to monitor the price: The following month, one LRC token is now worth $2, a 100% increase.
- Close your trade: You trade your LRC token back to USDT for $2.
In this example, you buy and sell Loopring, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.
What is the best way to pay for Loopring (LRC)?
Copy link to sectionThe simplest way to buy Loopring cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for LRC.
- Buy Loopring with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Loopring with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
- Buy Loopring with PayPal. Some crypto brokers accept deposits via PayPal. Not many exchanges offer this option, however you can find here the best crypto exchanges that accept PayPal.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Loopring (LRC)?
Copy link to sectionMost people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Loopring then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Loopring wallets to use are MetaMask and the Ledger Nano S.
Is now a good time to buy Loopring?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, buying Loopring, selling Loopring, and trading LRC are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Loopring.
- As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of LRC, then a good time to purchase Loopring is on any major dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Loopring and selling it the next day probably isn’t why you’re here either.
How has Loopring (LRC) performed this year?
Copy link to sectionThe current Loopring price today is $0.18, which is -95.34% versus its all time high of $3.83, which it reached on 10 November 2021. LRC is -37.22% this year, with a 52 week high of $0.55 and a 52 week low of $0.10.
Regardless, closely following Loopring price news & analysis will help you decide when to pull the trigger.