Loopring price AUD (LRC)

Delisted
Note: Loopring is currently delisted and is not available for trading on Cointree. Check out our list of cryptocurrencies.

What is Loopring?

✓Low trading Fees ✓Sharable Liquidity ✓Maximum Flexibility

Loopring (LRC) is the token powering the Loopring protocol, a layer 2 solution that helps scale the Ethereum network with Zero-Knowledge Rollup (zk-Rollup) technology. Specifically, it supports decentralised exchanges (DEX's) and automated-market makers (AMMs). Developers can build their own projects on top of the protocol.

Loopring is risk-free and low-cost as relayers don’t hold users’ assets. You can match orders without asset reserves, lowering barriers to entry. Alternatively, run a relayer while owning token reserves and provide extra liquidity by adding your own orders, earning more money as a market-maker in the process.

Noncommital and nonbinding, as a participant in the Loopring ecosystem, you can stop at any time, without impacting your or your users' assets. Loopring incentivizes wallets with at least 20% of the trading fee on all orders they generate - in real time.

The project was founded by the former Google software engineer Daniel Wang in 2017 and the mainnet launched in 2019.

Ready to invest?

Get $20 worth of BTC free, when you make your first trade. T&Cs apply.

Why is Cointree the best place to buy cryptocurrencies in Australia?

Easy and convenient

Easily deposit Australian dollars from your bank account with a bank transfer and buy Loopring in Australia.

Fast and transparent

Access the crypto market immediately with our instant buy option and exchange Australian dollars for Loopring in seconds.

Safe and secure

Buy Loopring with confidence on an AUSTRAC regulated Australian exchange that looks to minimise counterparty risk and verify all transactions.

Made for you

Buy and sell Loopring from your personalised trading account, with a range of payment options and at the best current price.

What can you do with your cryptocurrencies?

Deposit cryptocurrencies

To easily transfer your cryptocurrency, simply go to your Cointree Wallet and locate cryptocurrencies and complete the details to send cryptocurrencies into your account.

Hold cryptocurrencies

Many investors hold the decentralised exchange protocol token for the long term, anticipating that zk-Rollup technology will make smart contracts on the Ethereum network much more powerful.

Trade cryptocurrencies

Instantly trade any portion of your Loopring for any other digital currency within just a few clicks, and at competitive rates and low service fees. You can trade LRC with ease.

Send cryptocurrencies

Send your Loopring to a hardware wallet or multiple exchanges, whether you're looking to put a long term investment in cold storage or use it on the Ethereum network.

Spend cryptocurrencies

Spend Loopring as easily as the Australian dollar, using it to make purchases rather than having to first withdraw AUD and make a bank transfer.

Learn About cryptocurrencies

While we can't offer specific financial advice, we provide an extensive [learning hub](https://www.cointree.com/learn/) that covers the entire crypto space.

Buy Loopring in just a few minutes

Deposit AUD instantly from your bank account and buy Looping (LRC).