Credit / Debit Card
Fee
Variable Fees
Processing Time
Usually within 1 minute, up to 48 hours
Minimum Purchase Amount
Starting from approx. 10–15 USD
Supported Regions
Subject to region, fiat currency, issuing bank, and payment channel support
Buy Loopring (LRC) in France
Learn how to buy Loopring (LRC) on LBank, including payment methods such as credit cards, debit cards, Apple Pay, and bank transfers, as well as the purchase process, preparations, and FAQs.
Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.
Purchase Decision Overview
Bank Transfer / Local Transfer
Fee
Variable Fees
Processing Time
Depends on the payment method; some local channels may be faster
Minimum Purchase Amount
Starting from approx. 1–10 USD
Supported Regions
Subject to local payment channel support
Three Simple Steps to Buy LRC on LBank
How to Buy LRC on LBank: Payment Methods Overview
Explore the available payment methods for buying LRC on LBank, including credit card, debit card, bank transfer, Apple Pay, Google Pay, PayPal, and P2P, to quickly choose the most suitable way to buy LRC.
Credit / Debit Card
Processing Time: Usually within 1 minute; up to 48 hours
Use a Visa/Mastercard that supports international online transactions and ensure 3D Secure is enabled; if it fails, try a different card or try again later
Common Reasons for Failure: The issuing bank declined the cryptocurrency transaction; insufficient balance; 3D Secure verification failed; risk control interception; or region/card network not supported
Bank Transfer / Local Transfer
Processing Time: Instant or 1–3 Business Days
Verify the receiving account, reference code, and transfer network, and use a bank account consistent with your identity verification
Common Reasons for Failure: Incorrect receiving information or reference code; name mismatch; bank processing delay; or unsupported transfer network
What Do You Need to Prepare Before Buying Loopring (LRC) on LBank?
Check the preparations required before buying Loopring (LRC) on LBank, including account registration, identity verification (KYC), payment methods, regional availability, and pre-purchase precautions to help you smoothly complete the BTC purchase process.
Suitable for
Users who want to quickly buy LRC with fiat
Before You Buy: Checklist
Register and log in to your account
Complete required KYC
Prepare payment method
Confirm regional availability，Check limits / fees / processing time
User Path
Buy Crypto
How to Buy Loopring on LBank – Step-by-Step Guide
Before you begin, decide how you’d like to pay:
Pay with fiat
If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Loopring. LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.
Pay with other cryptocurrencies
If you already hold other cryptocurrencies, you can trade them for Loopring on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Loopring.
LBank supports multiple payment methods
You can use the following payment methods to purchase Loopring on LBank:
Mobile app guide
1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”
Desktop guide
1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Loopring you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”
P2P Trading
Merchant | Price | Amount ｜ Limit | Payment Method | Action |
|---|---|---|---|---|
RE REYZALDI EX 451 min | 100% | 0.999 USD | 223.99 USDT 20.000 - 150.000USD | Bank Transfer | |
MY MYR_ DUITNOW_MYR 756 min | 100% | 1.000 USD | 438.23 USDT 100.000 - 438.230USD | Bank Transfer | |
US USDT BOOSTER 89 min | 100% | 1.003 USD | 555.00 USDT 10.000 - 556.660USD | Wing Money True Money (Cambodia) Bank Transfer (Cambodia) ABA (Cambodia) |
What is Loopring (LRC)?
Loopring is an open source Layer 2 scaling protocol built on the Ethereum blockchain. Its primary goal is to provide a high performance infrastructure for decentralized exchanges and payment applications. By operating as a Layer 2 solution, Loopring aims to solve the common issues of high transaction costs and slow processing speeds associated with the main Ethereum network while maintaining its security. The core technology behind Loopring is known as zkRollups, or zero knowledge rollups. This technology works by bundling thousands of individual transactions together off chain and then generating a cryptographic proof to confirm their validity. This proof is then submitted to the Ethereum mainnet. Because the majority of the computational work happens outside the main blockchain, the network can process thousands of transactions per second at a very low cost. This efficiency allows Loopring to offer a trading experience similar to centralized exchanges but with the security and self custody benefits of decentralized finance. The protocol supports a hybrid model for trading. It combines centralized order matching with decentralized on chain settlement. This means that while orders are matched quickly by a relay service, the actual movement of assets remains under the control of the users through smart contracts. Loopring supports both traditional order book trading and automated market maker models. It also features a unique order ring mechanism that allows up to sixteen different orders to be matched in a single circular trade, which helps improve liquidity and price efficiency. LRC is the native utility token of the Loopring ecosystem. It serves several key functions within the protocol. First, it is used for governance, allowing token holders to participate in the Loopring decentralized autonomous organization to vote on protocol upgrades and fee structures. Second, it is used for staking. Exchange operators are required to stake LRC to ensure they follow the protocol rules and provide security to their users. Individual users can also stake their tokens to earn a share of the protocol fees. Furthermore, the token is used to pay for transaction fees on the network, and a portion of these fees is often burned, making the token model deflationary over time. In addition to decentralized trading, Loopring has expanded into the non-fungible token space. It provides tools for minting and trading NFTs with minimal gas fees. The project gained significant attention through high profile partnerships, such as providing the underlying technology for the GameStop NFT marketplace. Overall, Loopring focuses on creating a fast, secure, and user friendly environment for the future of decentralized finance and digital asset management. Learn more
Is Loopring (LRC) a good investment?
Whether Loopring (LRC) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.
Before investing in Loopring (LRC) or any cryptocurrency, consider the following:
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Fees, limits, and processing time for buying LRC on LBank
Compare fees, transaction limits, and estimated processing times across different payment methods. Actual fees and availability may vary by region, fiat currency, payment method, and third-party providers. Please refer to the order page for final details.
ROI calculator
If I invest, how much profit will I make?
Invest
$
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Date
2026-05-28
You will earn $-- in profit, with an ROI of --
What can you do with Loopring (LRC)?
Investment
Buy and hold Loopring (LRC), expecting its value to increase over time.
Trade
Actively trade Loopring (LRC) on LBank to profit from price fluctuations.
Pay
Use Loopring (LRC) to pay for goods and services where accepted.
Why is LBank the best platform to buy Loopring (LRC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Loopring (LRC).
Competitive fees
LBank provides competitive trading fees for Loopring (LRC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Loopring (LRC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Loopring (LRC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Loopring (LRC) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment
After buying LRC, what is the best way to store it?
After buying LRC, you can choose a storage method based on your usage frequency, holding period, and security needs. If you need to trade at any time, you can store it in your LBank account. If you prioritize self-custody or long-term security, consider using a personal wallet or a hardware wallet.
Store in your LBank account
Suitable for
Users who want to trade or convert at any time
Short-term BTC holders
Features
Ready to use immediately after purchase; easier to use
Ideal for frequent trading, conversions, or using platform features
Security Alert
Please enable 2FA
Please set an anti-phishing code
Only log in through official channels
Transfer to a personal hot wallet
Suitable for
Users who want to manage their own assets
Users who need daily transfers or on-chain usage
Features
More flexible; convenient for daily transfers and management
Better suited for small holdings and everyday use
Security Alert
Do not store seed phrases or private keys in the cloud
Do not save sensitive information via chat tools, email, or screenshots
Stay alert for phishing websites and fake wallet apps
Transfer to a hardware wallet
Suitable for
Long-term BTC holders
High-value holders who prioritize security
Features
Private keys are stored offline, offering enhanced security
Ideal for long-term storage of infrequently moved assets
Security Alert
Securely back up seed phrases offline
Never disclose your recovery phrase to anyone
Assets may be irrecoverable if the seed phrase is lost
Learn more about Loopring (LRC)
MoreLoopring (LRC) FAQ
Loopring’s founder, Daniel Wang, left to start Taiko, a Type-1 zkEVM. Loopring is now positioning itself as a Layer 3 (L3) on Taiko. While Taiko offers generalized infrastructure, Loopring aims to be a specialized application layer for DeFi and trading, acting like an "App Store" on Taiko. This move caused controversy among some long-term holders, who initially expected the zkEVM technology to be developed directly within Loopring, rather than spun off into a separate project with its own token.
LRC holders can stake their tokens directly on the Loopring L2 dApp, earning rewards from a percentage of the protocol's transaction fees. Additionally, 10% of these protocol fees are allocated to the Loopring DAO, where LRC holders can vote on crucial protocol parameters, including fee structures and the allocation of the DAO treasury. Furthermore, to operate a decentralized exchange (DEX) on Loopring, an operator must stake a significant amount of LRC, typically ranging from 250,000 to 1,000,000 LRC, serving as a commitment and ensuring "skin in the game."
Loopring distinguishes itself with zkRollup security, using Zero-Knowledge Proofs for math-based assurance and much faster withdrawals compared to Optimistic Rollups' typical 7-day delay. It boasts high throughput, capable of processing up to 2,025 trades per second off-chain before securely settling them on Ethereum, which is significantly faster and cheaper than direct L1 transactions. Unique among many DEXs that use AMMs, Loopring supports high-speed Order Books, providing a familiar trading experience akin to a centralized exchange but with the added benefits of decentralized security and self-custody.
The Loopring Smart Wallet employs "Social Recovery" instead of traditional seed phrases, allowing users to regain access through trusted "Guardians" (e.g., friends, family, or other personal wallets). Initially, creating this smart contract wallet on Ethereum L1 required a one-time gas fee. However, "Counterfactual Wallets" now offer a free entry point directly on L2, with L1 deployment only necessary for full security features. Looking ahead, Loopring announced it will sunset its original Smart Wallet and Dual Investment products by July 2025, pivoting towards a more decentralized "Loopring DeFi" mobile experience designed to operate across multiple networks like Taiko, Base, and Arbitrum.
Loopring gained substantial attention as the underlying infrastructure for the GameStop NFT Marketplace. While the marketplace successfully launched and integrated Loopring's technology, the broader decline in the NFT market led GameStop to reduce its crypto-related efforts. Consequently, while the technical integration remains active and functional, the initial marketing momentum and GameStop's focus on this partnership have largely shifted. Users still inquire about its activity, but Loopring has since redirected its primary focus toward enhancing its own DeFi suite and broader ecosystem development.
Users frequently seek the most economical way to move funds from a centralized exchange to Loopring L2 to avoid high gas fees. The community widely recommends using Layerswap.io. This platform allows for direct bridging of assets like LRC or ETH from major centralized exchanges to Loopring L2, completely bypassing the need to interact with the expensive Ethereum Layer 1. This method significantly reduces transaction costs and simplifies the process, making it the preferred choice for efficiently funding your Loopring L2 wallet for decentralized finance activities.
Convert Loopring (LRC) into other assets
After purchasing Loopring (LRC), you can trade it for fiat currencies or other cryptocurrencies. LBank offers over 200 Loopring (LRC) trading pairs, making it easy to enter and exit the market.
