Buy Loopring (LRC) in India at ₹4.872

Live LRC/INR Price

₹4.872

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1.18%

Price Changes

₹0.05

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1.18%

24h Low

₹4.806

24h High

₹4.975

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Reasons to Buy Loopring

• It is open-source that allows anyone to look through the code.

• It is built on Ethereum and is an ERC-20 token.

• LRC token is the native currency of the Loopring platform.

• It has a market capitalization of more than $460 million.

• It has a maximum supply of around 1.3 billion coins.

What is Loopring (LRC)?

Loopring token was launched in August 2017 and was successful in raising $45 million in its ICO (Initial Coin Offering).

It started to provide all the benefits of a centralized exchange in the decentralized environment, thus leveraging both of these entities. Loopring came out as an automated product built on blockchain that facilitates token exchange in a decentralized manner. It utilizes the potential of smart contracts and is built upon three blockchains: Ethereum, Neo, and Qtum. Users need not confuse Loopring with Decentralized Exchange (DEX) because it is the power source that helps other blockchains to create such exchanges.

Things to consider before buying Loopring

• It is used as a gas to fuel the smart contracts in the Loopring blockchain.

• It is also used as a reward for order-ring makers in the Loopring smart contracts.

• The orders on Loopring are based on the Unidirectional Order Model (UDOM)

Highlight

Loopring started to provide all the benefits of a centralized exchange in the decentralized environment, thus leveraging both of these entities.

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Price Statistics

LRC Price Today

LRC Price

₹4.872

Price Change 24h

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1.18%

Price Change 7d

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5.09%

Market Rank

#316

Market Cap

₹661 Cr.

Trade Vol 24h

66 Cr

Circulating Supply

137 Cr. LRC

Trading Activity

78% Buy22% Sell

FAQ's

1. How Can I Buy Loopring In India?

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CoinSwitch App is the simplest way to buy Loopring in India. Sign up now and start investing with ₹100

2. Can I Buy Loopring Directly?

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Loopring could be bought directly through Peer to Peer (P2P) trade. There is also an option for buying crypto from decentralized exchanges or from someone who holds LRC.

However, decentralized exchanges are complex to understand, and it would be a worrisome task to find a trustworthy seller who can provide you with the crypto. The reason why this is only chosen by pro traders.

For an easy and simplified experience, you can Download the CoinSwitch App and buy crypto with just a click!

3. How to Buy Loopring Stock?

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You can buy Loopring in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Loopring.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Loopring for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Loopring!

4. What Price To Buy Loopring (LRC)?

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There is no specific price to purchase any crypto because of the changes and developments being done on a regular basis. With even a small change, the price could increase significantly, which will make you regret not buying at lower prices.

Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Loopring for as low as ₹100

5. What Time To Buy Loopring?

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There is no clock that shows the best time to invest in cryptos. If you are someone who looks for the prices to dip and then makes the investment, you are missing out on the possible returns.

Start investing now. You can also choose to add small amounts periodically or a better approach would be to invest a lump sum in Loopring (LRC) in dips and average your portfolio for better returns.

6. What Platform To Buy Loopring (LRC)?

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Loopring is available on a variety of platforms, but it is the experience that matters. Just as some pizza delivery applications provide a one-click process, and some make it a 5-minute work to fill in all the details again.

The market is full of crypto apps that are too complex and can make your buying experience horrible; however, CoinSwitch allows you to buy cryptos easily and remove all the hassles.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.