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Exchange Loopring (LRC)

If you're looking to swap Loopring, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Loopring, or some fresh information about LRC’s price movements. And, of course, we provide you with multiple Loopring exchange options so that you can choose the offer with the best rates and lowest Loopring fees, as well as other parameters that suit you.

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Loopring Price Stats

To help you make a decision about exchanging your Loopring, we gathered some cold hard numbers: Loopring price chart and other stats, such as Loopring market cap.

LRC 24H HIGH

LRC 24H HIGH $0.26377066949258

LRC MARKET CAP

LRC MARKET CAP $341,817,988.614

LRC CIRCULATING SUPPLY

LRC CIRCULATING SUPPLY 1,373,873,397.442 LRC

LRC 24H LOW

LRC 24H LOW $0.24553105761547

LRC PRICE

LRC PRICE $0.2487987534005

LRC 24H VOLUME

LRC 24H VOLUME $436,153.498

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Loopring Price Chart

Here you can see the current price of Loopring, as well as Loopring price history.

What is Loopring?

Loopring (LRC) is a native token ERC-20 token of the Loopring open protocol, created to build decentralized exchanges. The project was inspired by the crypto boom in 2020, which caused the average trading volume of the crypto market to increase 4 times compared to the previous period, though the exchanges were mainly happening on the centralized platforms owned by the companies. 

Loopring’s development team came up with an idea to design an exchange that will integrate the order matching from centralized platforms with the order settlement from the blockchain-based exchanges to create a service that will include advantages and eliminate disadvantages of both exchanges types. Loopring can proceed up to 16 orders simultaneously instead of a strict one vs. one trading pair. 

The project’s final goal is to improve the efficiency of order execution and to increase the liquidity of DEX’s. The network can operate on both Ethereum and Neo blockchains and is expected to soon add the support for Qtum blockchain. 

The project was firstly introduced in 2017 by Daniel Wang, a software engineer from China with a lot of prior experience in major tech companies like JD.com and Google.  In August of the same year, Initial Coin Offering (ICO) was held. The protocol went live on the Ethereum network in December 2019. 

Loopring token is controlled by Loopring protocol’s smart contracts. It can be earned via ring mining, meaning that the protocol combines individual orders into order rings, organizing public order books and recording trading history, and in some cases also transferring the orders to the other relays.

A Simple Way To Exchange Loopring Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 1800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Exchanging Loopring: SwapSpace’s Video Tutorial

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Popular Exchange Pairs with Loopring

Those cryptocurrencies are most frequently traded with Loopring at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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