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Buy Loopring online

Buy Loopring with ease on Coinhouse. Invest in LRC securely with minimal fees. Enjoy the 1st French platform approved by the AMF.

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LRC

Quantity

1.000

1.000 LRC =

€ 0,10

Buy LRC

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What is Loopring (LRC) ?

Introduction

Ethereum is the world’s second-largest blockchain in terms of capitalization, just behind Bitcoin.
But it is also, and above all, the leading blockchain in the field of decentralized finance (DeFi).
In fact, Ethereum hosts the largest number of decentralized applications (dApps) linked to NFT, DeFi, metavers and more.
These dApps operate directly on Ethereum or via a layer 2 such as Loopring (LRC).
Find out more about the features of layer 2 Loopring and how to buy LRC on Coinhouse.

What is Loopring?

Loopring is a DeFi app that saw the light of day in December 2019 on the Ethereum mainnet.
The main person to know behind the development of Loopring is Daniel Wang.
Before working on Loopring, Daniel Wang had professional experience at Boston Scientific, JD.com and, above all, Google.
Loopring is a layer 2 of Ethereum, in the same way as Polygon, for example.
Its aim is to provide an architecture for developing fast, low-cost decentralized exchanges (or DEX), while taking advantage of Ethereum’s high level of security.
As a reminder, a decentralized exchange enables cryptos to be exchanged peer-to-peer via liquidity pools. Uniswap, DYDX and Balancer are just some of the major DEX on Ethereum today.
As a layer 2, Loopring uses zk-rollup technology to guarantee high transaction speeds.
The zk (or zero-knowledge) is one of the different types of rollup currently in use on layer 2s.
With zk-rollup technology, loopring is able to guarantee high scalability while protecting transaction confidentiality.
The LRC token was brought to market in August 2017 via an ICO.
It is mainly used to operate the Loopring platform and allows users to benefit from reduced fees. LRC tokens are also used for governance purposes.
Loopring operates on a DAO basis, so LRC token holders can take part in voting.
Finally, LRC tokens can be staked to generate passive income.

Why choose Loopring?

Looping is a good investment thanks to its strategic positioning.
Indeed, Loopring is at the crossroads of high-potential fields such as DeFi, layers 2, NFT and decentralized exchange.
With a protocol whose origins date back to 2017 (less than two years after the launch of Ethereum), Loopring isone of the historic DeFi projects.
When it comes to layers 2, Loopring uses an innovative technology with zk-rollups.
This type of rollup gives Loopring 100 times greater scalability and 100 times lower costs than Ethereum.
In addition to offering an NFT ecosystem, Loopring enables the development of “hybrid DEX” on Ethereum’s second layer.
In fact, Loopring distinguishes itself by using the strengths of DEX (decentralized exchange) AND CEX (centralized exchange)!
Loopring operates on a typical CEX order book model.
But since December 2020, Loopring has also taken up the winning formula of DEX by integrating an AMM (automatic market maker) architecture.
Loopring has a number of renowned partners and investors, including Protocol, Gemini, Chainlink and, more recently, GameStop.

Why buy Loopring on Coinhouse?

Security above all: As a crypto player, Coinhouse knows that security requires rigorous, up-to-date procedures.
On Coinhouse, your funds are safe! An exchange designed for investors: Cryptocurrency is still an emerging field.
That’s why Coinhouse has developed an intuitive platform to respond quickly to all the needs of investors, whether beginners or experienced. Premium customer service: Coinhouse teams are on hand to listen and answer your questions efficiently.
The plus?
Unlike other exchanges, Coinhouse customer service answers in French! AMF registration: Coinhouse is PSAN registered with the Autorité des Marchés Financiers (AMF).

How to buy Loopring on Coinhouse?

  1. Registration: To buy LRC on Coinhouse, you’ll need to open an account on the platform.
    Registration is quick and free.
    Coinhouse will ask you for standard information such as your name, email and address.
  2. Verification: Before giving you access to its platform, Coinhouse wants to make sure it’s really you!
    The exchange will therefore verify your identity.
    You’ll be asked to take a selfie holding an identity document in your hand.
  3. Depositing funds: To buy or trade on Coinhouse, you’ll need funds.
    That’s why you need to deposit funds in euros at Coinhouse.
    You can do this by credit card or bank transfer.
  4. Buying LRC: There are two options for buying LRC on Coinhouse.
    The first is to buy Loopring directly with your deposited euros by clicking on “Buy” on the home page.
    The other option is to buy USDT stablecoins(Buy USDT) and exchange them for LRC by clicking on the “Exchange” button on the home page.
  5. Secure storage: The final step is to store your LRC cryptos.
    The easiest way to do this is to transfer them to Coinhouse’s integrated, secure crypto wallet.

Selling LRC on Coinhouse is easy!
Just click on “Sell” on the home page, enter the amount you wish to sell and provide your bank details.
The funds will be sent to you within one to three working days.

News Loopring in 2025

A layer 3 in test.
In July 2023, developers launched a layer 3 Loopring on the Taiko Alpha-3 zkEVM testnet.
This layer 3 will enable the development of DeFi and NFT applications with enhanced functionality and reduced costs. A multi-network DeFi solution. In 2024, Loopring’s developers are planning a major upgrade with increased compatibility with other blockchains.

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Price Loopring (LRC)

€ 0,10increasing+3.1 %

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Buy

logo

LRC

Quantity

1.000

1.000 LRC =

€ 0,10

Buy LRC

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Start investing in less than 5 minutes.

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Investing in crypto-assets carries risks of liquidity, volatility, and partial or total capital loss. Crypto-assets held are not covered by deposit and securities guarantee mechanisms.

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