Buy LRC in a few steps

Choose from 94 fiat currencies

How to buy Loopring with card

Verify your identity

Buy LRC

What is LRC?

Loopring is a Layer 2 scaling software that builds protocols, infrastructure, and user-facing products. Built on the Ethereum network and leveraging zero-knowledge proofs (ZKPs), Loopring was developed for the creation of large-scale decentralized exchanges (DEXs).

Loopring bundles up hundreds of Ethereum transactions and processes them off-chain, on its own blockchain known as a Layer 2 sidechain. Loopring also inherits the security features and consensus mechanism of Ethereum's blockchain.

LRC, the native token of Loopring, is an ERC-20 token that allows holders to develop on the Loopring platform launched through an initial coin offering (ICO) in 2017. The token fuels all important operations of Loopring, including its governance.

Users who own LRC tokens can also stake them to earn staking rewards. Furthermore, LRC is a deflationary token as a small percentage of it is burnt each time when processing Loopring transactions. LRC has a fixed supply of 1.37 billion tokens.

Why buy LRC with OKX?

What can I do after I buy LRC?

Counted amongst the world's leading crypto exchanges, OKX makes buying LRC tokens a breeze for both seasoned and new crypto investors. The following are what you can do with your purchased LRC tokens.

HODL LRC

Holding LRC tokens can earn you the right to participate in the protocol’s governance. Additionally, if you are a long-term investor, buy LRC from OKX and store it safely in your OKX wallet. You can also transfer your LRC holdings to a hardware wallet and keep them in the hopes of profiting from any appreciation of their value over time.

Short-term trades

You can trade the purchased LRC in the short term and potentially earn high profits. Learn more about strategies like swing trading and day trading at the OKX Academy.

Use LRC as collateral

You can pledge your LRC coins as collateral to secure low-interest and flexible crypto loans on OKX. Visit our "Loan" page, select from any available 30 cryptocurrencies, and input the appropriate amount.

Convert LRC

As Loopring is on the Ethereum blockchain, you can easily trade your LRC tokens for other tokens on the Ethereum network. Furthermore, to avoid losses during periods of high volatility or bear runs, you can easily convert your LRC to stablecoins like USDT or USDC with no fees using our ‘Convert’ feature.

Stake LRC to earn high-interest yields

When LRC token holders stake their tokens, they are rewarded with a percentage of the transaction fees paid across Loopring-powered exchanges. Using our "Earn" feature, you can stake your LRC tokens and earn interest on them, much like a savings bank account.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Loopring (LRC)

Buy LRC with a credit/debit card

With OKX, you can seamlessly buy crypto directly with your MasterCard or VISA debit and credit cards. The simplest way to purchase LRC tokens with a credit or debit card is to buy USDT and then exchange it for LRC in the spot market.

Buy USDT from our peer-to-peer (P2P) market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for LRC.

Convert other crypto to LRC

If you hold BTC, SOL, OKB, MATIC, or any of the 100+ supported cryptocurrencies in an external wallet or on another exchange, you can send it to OKX and swap it for LRC at zero fees and no spreads. All you need to do is transfer crypto to your OKX account and visit our OKX Convert page to swap the deposited asset for LRC.

Buy LRC in our spot trading market

Easily buy LRC in our Spot Trading market. OKX has listed the LRC token against USDT, USDC, and BTC. You can transfer those coins to your OKX account to buy LRC directly if you already own them.

FAQs

Can I safely store my Loopring tokens on OKX?
Yes. OKX employs industry-leading security measures to safeguard users’ funds. In addition, we adopt distributed clusters, global server load balancing and various other technologies to ensure optimum protection.
Am I allowed to transfer my Loopring tokens to my cold wallet?
Yes. You can easily transfer your Loopring tokens and any other crypto assets stored in your OKX account to an external wallet of your choice.
I have some questions about buying Loopring. Who do I contact?
OKX offers multiple ways to seek support. Our self-service support center addresses all commonly asked questions. We also have a thriving global community, which can be reached through various channels, including Telegram, Reddit, Facebook, Line, Weibo and Twitter.
How quickly can I open an OKX account and buy Loopring?
You can register an OKX account in under 5 minutes. After your account is opened and functioning, you can deposit funds and buy Loopring tokens immediately.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.