Where to buy Loopring (LRC) coin before it’s too late: it’s up 81% in two weeks

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Written on Mar 29, 2022

Reading time 2 minutes

Loopring (LRC) is currently trading at $1.32.
It is up 15.15% in the last 24 hours.
Here is a quick guide on where to buy the LRC token.

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The Loopring (LRC) coin has been on a strong bullish trend since March 15 registering an 87.1% rise over the past two weeks. Analysts expect the coin to continue on the same bullish trajectory at least for the remaining part of the first quarter of 2022.

To help investors and traders who want to invest in Loopring, Invezz has created a brief article to help with identifying the best places to buy it.

To find out more, please continue reading.

Best places to buy LRC

eToro

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Register with eToro instantly eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Register with Plus500 instantly CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

What is Loopring (LRC) coin?

Loopring (LRC) coin is one of the native tokens of the Loopring exchange.

The other native token that operates on the Loopring blockchain is the LRN. The difference between LRC and LRN is that LRC is Ethereum-based while LRN is Neo blockchain-based.

There are also plans to add a third native token for Loopring that shall be called LRQ and it shall operate on the Qtum blockchain.

The main objective of Loopring is to combine centralized matching with decentralized order settlement to come up with a hybrid product that will offer the best aspects of both decentralized and centralized exchange.

Should I buy the LRC coin today?

If you are looking for a cryptocurrency that is on a strong bullish trend, then the LRC could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

Loopring price prediction

Experts expect the LRC coin to continue with its current bullish trend for the remaining part of the year. Analysts predict that the coin could hit $1.8 before the end of this week.