Loopring (LRC) is an Ethereum-based cryptocurrency token that powers an open-source protocol designed to facilitate the building of decentralized crypto exchanges. The key mission of Loopring is to provide traders and cryptocurrency users with a secure, transparent, and efficient platform for trading assets.
Loopring operates on a unique technology known as zkRollup, which allows for high-throughput and low-cost trading on the Ethereum network. The technology ensures exceptional security while also significantly reducing transaction costs and increasing speed.
By using Loopring, developers can build their own decentralized non-custodial exchanges, payment apps, and NFT marketplaces, providing users with control over their own assets rather than relying on a centralized authority.
Furthermore, Loopring claims to perform over 2,000 trades per second, making it one of the most scalable solutions for decentralized trades. Each batch of transactions is then added to the Ethereum blockchain, ensuring transparency and security.
Investors can easily invest in Loopring (LRC) by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying the LRC coin directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer success will ensure your investment journey is smooth throughout.
Investors can easily invest in LRC by creating an account with Bitbuy, adding fund to their account directly through e-Transfer or bank wire and buying LRC directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth sailing throughout.
Buying Loopring (LRC) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
If at any point you need help signing up, verifying your account, adding funds, or buying and selling LRC, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy LRC in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy LRC.
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy LRC with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy LRC in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your LRC? Bitbuy is the perfect place to start. Bitbuy has a built-in wallet for each user that you can use to store your LRC safe and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search Loopring to begin the sale.
Enter the amount of LRC that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate LRC and click on the 'Sell' button.
Enter the amount of LRC you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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Quickly find the answers you need in our support centre, or contact a member of our team 24/7/365, and we'll be happy to assist you.
Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.