What is Loopring (LRC)?
Loopring is the first layer 2 that implements ZK-rollups as a scaling solution on Ethereum. The protocol is specifically designed for DeFi and aims to build the infrastructure that powers the future of finance. It is said to be 1000 times faster and 100 times cheaper than Ethereum. The network has its own AMM and crypto wallet bearing the same name.
The network was created in 2017 by Daniel Wang, who used to work for Google and JD.com before founding Loopring. The launch of Loopring was a huge success, but due to China's crackdown on blockchain and cryptocurrency, Loopring's operation has been affected greatly.
How Loopring (LRC) Works
ZK-rollups groups transactions together and sends them to Ethereum to verify as one transaction. Therefore, the time and fee it takes to process transactions is better while the security of the Ethereum blockchain is maintained.
How Many Loopring (LRC) Tokens Are in Circulation?
LRC, the token of the Loopring network, has a total supply of 1.4 billion. The circulating supply of LRC is 1.3 billion.
How to Buy Loopring (LRC)
Consider investing in Loopring (LRC)? It only takes 2 minutes to create an account on Bitget and start trading LRC.
Check out the available LRC trading pairs on Bitget!
Futures market
Spot market
Loopring (LRC) Resources
Simple 3-step guide to buying LRC today in Equatorial Guinea
Create your free Bitget account
Select a funding method
Complete your Loopring purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Loopring using a payment method of your choice:
Buy Loopring with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Loopring order.
How to buy crypto with credit/debit cardBuy Loopring with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Loopring is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Loopring order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Loopring order.Buy Loopring with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Loopring order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Loopring in your Bitget spot wallet
Bitget—where the world trades Loopring
How to buy Loopring for free
- Learn how to earn Loopring for free through the Learn2Earn promotion
- Earn free Loopring by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Loopring airdrops by joining On-going challenges and promotions
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FAQ
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Equatorial Guinea (the Republic of Equatorial Guinea) is a Central African country. It consists of the mainland territory of Rio Muni, the island of Bioko, and its neighboring islands. Equatorial Guinea is bordered by Cameroon to the north, Gabon to the southeast, and the Atlantic Ocean to the west. Malabo, the capital of Equatorial Guinea, is located in the northern part of Bioko.
The official language of Equatorial Guinea is Spanish, French, and Portuguese, with a predominance of Spanish. All Spanish, French, and Portuguese are supported by both the Bitget app and website.
The official currency of Equatorial Guinea is the Central African CFA Franc (XAF). Whether you are in Malabo, Bata, or Ebebiyin, Bitget is ready to serve you with all kinds of needs in cryptocurrency. Bitget offers secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
The colonial area of Malabo is one of the most popular Equatorial Guinea's tourist attractions. The Basilica of Mongomo is currently the largest religious building in Central Africa and the second-largest Catholic church in Africa. You can also go hiking in the southern part of Bioko Island to Ilardi Falls and those remote beaches to see sea turtles nesting.