Loopring runs on Ethereum and lets people trade without giving up speed or security. It uses smart contracts right on the Ethereum network, so you always control your own funds—nobody else touches them. At the same time, Loopring matches orders off-chain, which makes trades faster and keeps the network from getting bogged down.
The LRC token plays a key role in this system. It supports the protocol’s operation and helps maintain the rules that keep trading fair and transparent. Loopring also improves efficiency by allowing multiple orders to connect in a single trade cycle, rather than relying on simple one-to-one trades. This approach helps increase liquidity while keeping settlement secure on the blockchain.
This article explains how to buy Loopring (LRC) step by step, covering where to purchase it, what you need before buying, and how to complete the process safely and correctly.
How To Buy Loopring In 4 Easy Steps?
Buying Loopring doesn’t have to be complicated. Just follow these straightforward steps to get started and keep your tokens safe.
Step 1: Choose a Crypto Exchange Platform
First, find a solid exchange that actually has Loopring (LRC) on it. Don’t just go for the first one you see—check out their security, see what other users say, and make sure the fees aren’t ridiculous. Payment options matter too. If you want to buy with cash or stablecoins, double-check that the exchange supports the payment method you prefer.
Step 2: Register On Any Of The Platforms
Once you’ve settled on an exchange, it’s time to sign up. The exchange usually asks for basics—your email address, phone number, and where you live. To get full access, you’ll need to prove your identity, usually by uploading a passport or driver’s license. Most platforms get you verified pretty quickly, so you won’t be stuck waiting around. Once that’s done, you’re ready to start trading.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With a verified account, you can now fund it and purchase Loopring. The available options include both fiat currencies and stablecoins, depending on the platform.
Using Fiat Currencies:
- US Dollar (USD): Coinbase, Bitstamp by Robinhood, Bitso, Kraken, OKX
- Euro (EUR): Kraken, Bitvavo, CoinJar
- Great Britain Pound (GBP): CoinJar
- Indian Rupee (INR): Bitbns, CoinDCX, Zebpay, Giottus
Using Stablecoins:
- Tether (USDT): Binance, Bitget, Bybit, KuCoin, BingX, BitMart
- USD Coin (USDC): Loopring Exchange, WhiteBIT, CoinJar, HitBTC
Payment methods vary by exchange and may include bank transfers, debit or credit cards, or crypto transfers. Once your funds are available, place the order and add LRC to your holdings.
Step 4: Store the Cryptocurrency in a Wallet
Once you’ve bought Loopring (LRC), it’s smart to move your tokens off the exchange and into a secure wallet. This protects your assets from potential exchange hacks and gives you full control over your crypto.
You can use wallets like Ledger, Tangem, Atomic, Zengo, Guarda, or even Kraken’s built-in wallet. To transfer, simply withdraw LRC from the exchange, paste your wallet’s public address, and confirm the transaction. Once it’s in your wallet, your Loopring is safe and only accessible by you.
Popular video guides on buying Loopring (LRC)
Where to buy Loopring (LRC)?
Binance stands out as one of the top platforms in crypto, offering everything from spot and margin to futures trading on a wide range of digital assets. Its mobile app makes trading easy with real-time charts, custom alerts, and flexible order types, making it perfect for on-the-go investors. Depositing or withdrawing funds? It’s quick and supports multiple payment options, so you’re never stuck waiting. Security-wise, Binance takes things seriously. With cold storage, 2FA, and withdrawal verification, your assets are well-protected.
Factsheet
Operational Since: | 2017 |
Deposit Methods: | PayPal, Debit/Credit Cards, Wire Transfer, Crypto |
Deposit Fees: | Nil |
Cryptos Listed: | 500+ |
Trading Fees: | 0.1% for both Maker and Taker |
Fiat Currencies Supported: | 35+ including (USD, EUR, GBP, CAD, RUB, BRL, AUD) |
Trustworthiness: | Safe and Reliable |
Crypto.com offers an all-in-one platform that combines trading, payments, and asset management. Users can buy and sell cryptocurrencies through a simple interface supported by real-time charts and alerts. The mobile app allows smooth portfolio tracking and quick transactions. Strong security measures include cold storage, two-factor login, and account monitoring. The platform also provides reward programmes and educational resources to support new users. With its focus on ease of use and daily utility, it suits traders who value convenience alongside reliable trading features.
Factsheet
Operational Since: | 2016 |
Deposit Methods: | Credit/debit cards, bank accounts, ACH, wire transfers, etc |
Deposit Fees: | No charges |
Cryptos Listed: | 300+ |
Trading Fees: | Standard Fee of 0-0.075% for the maker and 0.05%-0.075% for the taker |
Fiat Currencies Supported: | AUD, CAD, EUR, GBP, USD, BRL, TRY |
Trustworthiness: | Safe and Reliable |
Giottus focuses on serving Indian users with smooth INR deposits and withdrawals. The platform supports spot trading with clear pricing and an easy-to-use interface. Users can track prices, view charts, and place trades through a responsive mobile app. Security tools include cold storage, two-factor login, and login alerts. Educational content helps beginners build basic knowledge before trading. By combining local payment support, strong safety features, and a simple design, it provides a practical option for users entering the crypto market in India.
Factsheet
Operational Since: | 2017 |
Deposit Methods: | IMPS/NEFT/RTGS, UPI, Cryptocurrencies |
Deposit Fees: | Free |
Cryptos Listed: | 300+ |
Trading Fees: | 0.05%-0.4% Maker Fees and 0.05%-0.4% Taker Fees |
Fiat Currencies Supported: | INR |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Loopring With A Credit Or Debit Card?
You can easily buy Loopring (LRC) using a credit or debit card on several major crypto exchanges that support fiat payments.
- In the U.S.: Platforms like Coinbase, Kraken, Bitstamp by Robinhood, and OKX let you buy LRC directly with USD.
- In Europe: Use Kraken or Bitvavo to purchase with Euros—no extra conversions needed.
- In the UK: CoinJar supports GBP purchases for UK users.
- In India: CoinDCX allows direct LRC purchases using Indian Rupees.
These platforms make it simple to buy Loopring without needing to first buy other cryptocurrencies.
What Will You Need To Buy a Loopring?
Here’s everything you’ll need to own an LRC token:
- Crypto Exchange: First, pick a reliable crypto exchange. Some good options are Bitso, Coinbase, Kraken, CoinDCX, CoinJar, KuCoin, MEXC, Bitvavo, Binance, and OKX. These platforms don’t just let you buy and sell—they also offer tools like charts, trading bots, and analytics to make things easier.
- Identification Documents: Next, you’ll need to set up an account and pass the KYC process. That means showing some ID—think passport, driver’s license, or even a tax return. This step keeps your account safe and proves you’re really you.
- Debit/Credit Card: Funding your account is pretty straightforward. A debit or credit card usually works, and most big exchanges let you buy LRC with one. Just double-check that your exchange accepts cards before you start, so you don’t get stuck halfway through your purchase.
- Stablecoin/Altcoin: You can also use stablecoins like Tether (USDT) or USD Coin (USDC) to buy Loopring tokens. Stablecoins give you better price stability and faster trades. Make sure your chosen exchange supports these stablecoins before you place your order.
- Crypto Wallet: Once you purchase your tokens, transfer them to a secure crypto wallet. Wallets like Ledger Wallet, Tangem Wallet, Atomic Wallet, Zengo Wallet, Guarda Wallet, and Kraken Wallet support LRC storage. Always review wallet security features and user feedback before choosing one.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy A Loopring?
Buying Loopring is pretty straightforward. The simplest way is to use a credit card, debit card, or a bank transfer on big-name crypto exchanges that accept regular money. If you’re using US Dollars, platforms like Coinbase, Bitstamp by Robinhood, Kraken, and OKX all let you pay with cards, wire transfers, or internet banking. Just sign up, verify your account, add some cash, and you’re ready to buy Loopring—no technical know-how needed.
If you’re working with Euros, you’ve got options like Kraken, Bitvavo, or CoinJar. They all accept cards, wire transfers, or internet banking, too. Over in the UK, CoinJar supports Great Britain Pounds, and you can use cards, do a wire transfer, or just pay online. These sites walk you through every step, so beginners don’t get lost.
In India, buying Loopring with rupees is easy as well. Bitbns, Giottus, and Zebpay let you deposit INR with a bank transfer, while CoinDCX also takes cards, UPI, and internet banking. Before you buy, check out the fees and any limits on your account. If you’re planning to keep your Loopring for a while, it’s safer to move your tokens to a private wallet—you’ll have more control and better security that way.
What Are The Best Wallets To Store Your Loopring (LRC)?
For keeping your LRC tokens safe, choosing a reliable and user-friendly wallet matters. Each option below delivers a different mix of security, usability, and added features, helping you manage your assets with confidence based on how you prefer to store and access them.
- Ledger Wallet: Ledger offers a hardware-based storage option that keeps your tokens offline at all times. It protects your holdings from online risks through a secure chip and physical confirmation for every transaction. The Ledger Live app allows you to view balances, send funds, and manage assets easily while retaining full control over private keys.
- Tangem Wallet: Tangem provides a card-style hardware wallet that focuses on simplicity and portability. It stores your assets offline and uses NFC technology to connect with your smartphone for transactions. With no batteries or cables required, it delivers a straightforward setup while maintaining strong protection against hacking and unauthorised access.
- Atomic Wallet: Atomic Wallet supports a wide range of digital assets and offers an integrated exchange for quick swaps. It gives you full ownership of private keys while providing features like portfolio tracking and built-in staking for selected coins. Its clean interface and desktop and mobile support suit users who want flexibility without sacrificing security.
- Zengo Wallet: Zengo removes the need for traditional seed phrases by using advanced cryptography and biometric security. It gives you non-custodial ownership with an easy recovery system, reducing the risk of loss. The wallet also includes in-app swaps and clear portfolio views, making daily asset management smooth and stress-free.
- Guarda Wallet: Guarda Wallet delivers a versatile experience across mobile, desktop, and web platforms. It allows you to store, send, and receive tokens while keeping private keys encrypted on your device. With built-in exchange services and staking options for supported assets, it suits users who value control and convenience in one place.
- Kraken Wallet: Kraken Wallet connects closely with the Kraken exchange ecosystem, offering a familiar and trusted environment. It provides strong security standards, including advanced encryption and account protection tools. The wallet supports easy transfers between trading and storage, making it practical for users who actively manage their digital assets.
Using these wallets helps protect your LRC holdings while giving you a range of features suited to different storage preferences and experience levels.