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How to buy Loopring (LRC) in Canada

Find out how to buy Loopring (LRC) in 3 easy steps, and pay no CAD deposit and withdrawal fees.
Buy Loopring
LRC Coin

What is Loopring?

Loopring is an open-sourced, high throughput, and low-cost payment protocol. It addresses the lack of security, transparency, and liquidity that centralized cryptocurrency exchanges deal with.

Loopring also leverages zero-knowledge proofs, which enhance privacy for cryptocurrency. By keeping control of their assets and their privacy keys, Loopring users may not need to rely as heavily on centralized crypto exchanges and other third parties.

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Loopring (LRC)

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Why invest in Loopring?

A recent announcement shared that Loopring will provide the foundation for GameStop’s NFT marketplace. If the NFT marketplace grows and becomes strong, the price of Loopring’s LRC token may increase.

By being built on top of Ethereum, Loopring may inherit some of Ethereum’s massive user base. As well, Loopring offers lower transaction fees because it batch-processes thousands of requests off-chain.

What are Loopring’s pros and cons?

PROS

  • Low transaction fees.
  • Potential for large adoption by several organizations.

CONS

  • Highly volatile prices, like most other cryptocurrencies.
  • LRC’s price and success may become pegged to Ethereum.

What makes Loopring stand out?

With the use of zero-knowledge proofs, Loopring transactions can be processed privately, proving valuable for crypto protocols which don’t want to leak extra information for every transaction.

With higher throughput and lower transaction costs than Ethereum, Loopring is in a great position for massive adoption and rapid growth. The Loopring protocol can settle as many as 2025 trades per second.

Coinberry makes it easy to buy Loopring (LRC) in Canada with just 3 steps:

1

Create your account.

Sign up now, or download our Coinberry app from Google Play or the App Store. Like the crypto markets, we’re available 24/7.

2

Get verified.

After you sign up, you’ll need to verify your account.

Over 90% of our members get verified immediately, and then start trading right away.

3

 Buy Loopring (LRC).

You can buy LRC right away at the best rates.

Get started with as little as $50 CAD. You can use a bank wire or an Interac e-Transfer to fund your account.

Buy Loopring

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