How to Buy Loopring (LRC)
Level up your trading experience with Bybit, a one-stop trading platform where you can buy, sell, trade and hold LRC securely and easily.
How to Buy Loopring (LRC) on Bybit
Bybit features an intuitive interface that obviates the confusing Loopring (LRC) buying process. Since security and reliability are paramount at Bybit, we’ve partnered with payment providers who share these same values to help you get your hands on LRC securely. With Bybit, you can obtain LRC in a few quick ways:
Buy LRC With a Credit/Debit Card
Sign up for a Bybit account, or log in to your existing Bybit account to buy stablecoins or BTC directly using your credit or debit card. Then, trade your purchased coins for LRC on Bybit Spot.
Buy LRC via Peer-to-Peer (P2P) Trading
Select a preferred advertiser with your ideal USDT price listed on the Bybit P2P platform, then proceed with the payment process. The purchased coins should reflect in the asset wallet once the seller has successfully released the coins. You can then use your purchased coins to buy LRC on Bybit.
Trade LRC
Choose to deposit with Bybit from a wide variety of cryptocurrencies, which you can then exchange for LRC at a highly competitive market rate.
Where to Buy Loopring (LRC)
Register or log in to check out instantly with your preferred amount of LRC on Bybit — all at your fingertips.
Buy LRC
Guide to Buying LRC via Bybit Express
Mobile App
- Download the Bybit App via App Store or Google Play Store.
- Register and verify your account (or log in to your existing Bybit account).
- Tap on Buy Crypto, then select the Express button.
- Enter the number of stablecoins you wish to purchase with your preferred fiat currency.
- Proceed with payment upon selecting your preferred payment channel.
- Complete the KYC process and fill in the order by entering your card information.
- Use your purchased stablecoins to buy LRC via Bybit Spot/Derivatives.
Desktop
- Register and verify your account, or log in to your Bybit account.
- Tap on Buy Crypto on the menu, and select Express from the drop-down menu.
- Enter the amount of USDT you wish to purchase with your preferred fiat currency.
- Proceed with payment upon selecting your preferred payment channel.
- Complete the KYC process and proceed with your purchase.
- Use your purchased stablecoins to buy LRC via Bybit Spot/Derivatives.
Guide to Buying LRC via Bybit Express
Why Buy LRC on Bybit?
Crypto platforms are a dime a dozen these days. Here's why Bybit is the best trading platform when you choose to buy LRC:
1. Ease and convenience
Bybit offers an easy-to-use interface on both mobile and desktop for fast and secure transactions. Only a few clicks are needed to buy, sell and trade LRC.
2. Stay up-to-date and get ahead
Get real-time market data to monitor the competitive market liquidity at your fingertips.
3. Secure and reliable
Bybit maintains a 99.9% availability track record, even through periods of market volatility. Benefit from Bybit's daily insurance fund to minimize losses.
4. Round-the-clock customer support
Get answers to all of your questions, 24/7, with our multilingual support.
What Is Loopring (LRC)?
Loopring is a ZK-Rollup smart contract protocol built on the Ethereum blockchain to provide developers with sophisticated tools to build decentralized exchanges. Founded by ex-Google software engineer Daniel Wang, Loopring is a Layer 2 scaling solution designed to address the high gas fees and slow speed of transactions on the Ethereum blockchain.
Loopring’s feature-packed ecosystem is powered using its native cryptocurrency, LRC. By using LRC, crypto users can enjoy faster and 100x cheaper crypto transactions without sacrificing security. Additionally, LRC tokens are used to incentivize good behavior on the network, such as providing liquidity and participating in voting.
Loopring also has its own decentralized exchange (DEX) built on its protocol. An advanced DEX based on an order book and automated market maker (AMM), it combines the best of centralized and decentralized exchanges. It also acts as a payment app, allowing users to instantly transfer ETH and ERC-20 tokens to Ethereum on its platform. Its high liquidity, speedy transactions and low fees have generated a lot of buzz in crypto circles.
Learn More About Loopring (LRC)
Master Loopring’s fundamentals — its technology, benefits, limitations, and LRC’s future.
Learn More
Why Buy LRC?
Loopring has created a cheaper and faster platform for conducting Ethereum-based transactions, as opposed to Ethereum’s heavily congested and expensive network — all while maintaining Ethereum’s security. As the future of finance leans toward decentralized payment platforms, demand for Layer 2 coins such as LRC will continue to grow.
With LRC, you can:
- Pay for faster and extremely inexpensive crypto transactions
- Earn a protocol fee by helping to ensure the success of Loopring by voting, and providing liquidity and capital for insurance
What Can I Do With My LRC on Bybit?
Hold/Store LRC
You can buy LRC and hold on to it over an extended period as its value increases. Store LRC in your personal Bybit account — and access it anytime on Bybit's mobile app or web page.
Trade LRC
Bybit offers a wide selection of trading pairs on both the spot and derivatives markets. Trade LRC for over 100 cryptocurrencies on Bybit’s trading platform.
Get Your LRC Today
Level up your trading experience with Bybit. Buy LRC fast, easily, safely and reliably with a wide variety of fiat currencies to choose from: USD, AUD, EUR, HKD, JPY and more.
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