Manage your LRC
with NOW Wallet

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Loopring
Loopring
100 LRC
Get wallet NOW
Free of custody
Free of custody
In a few steps
In a few steps
Operational 24/7
Operational 24/7
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Loopring
Loopring
100 LRC
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How it works

We have a number of benefits that will improve management of your Loopring wallet
Access Benefits
LRC
LRC

How to buy Loopring with card

LRC
LRC
You can buy LRC with a debit or credit card through NOW Wallet:
  • Pick LRC as the currency you want to buy.
  • Choose a fiat currency to buy LRC with.
  • Enter your card details and the recipient's address if you are sending to a third-party wallet.
  • Receive your LRC in approximately 5 mins!
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LRC
LRC

How to exchange Loopring

LRC
LRC
You can exchange LRC with NOW Wallet:
  • Pick LRC as the currency you want to exchange.
  • Choose the crypto asset you’d like to get for your LRC.
  • Enter the recipient's address if you are exchanging to a third-party wallet.
  • Receive your exchanged assets in approximately 5 mins!
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What is Loopring (LRC)

Loopring

Loopring is an Ethereum-based DeFi protocol that aims to solve the issues of centralized exchanges such as lack of security and transparency. It was founded in 2017 by Daniel Wang and became first available on the Ethereum blockchain in 2019.

Loopring combines characteristics of both centralized and decentralized exchange platforms in order to achieve maximum efficiency. The platform pools orders from multiple platforms, centralized and decentralized, and then matches them with participants in the protocol. That is done with the help of zero-knowledge proofs technology. Zero-knowledge rollups (zkRollups) cryptography allows the exchanges to be completed off the Ethereum blockchain. Such cryptography decreases the number of exchanges submitted to the Ethereum blockchain for confirmation. ZkRollups also groups a number of transfers into one transaction which further increases the transaction speed and reduces the costs.

Throughout 2021 Loopring has released a number of major updates. Beginning with NFT support on Layer 2 which offers more opportunities and ending with the Counterfactual wallet which rids its users of upfront payments. By the end of 2021 Loopring is also aiming to release an NFT Marketplace.