Buy Loopring (LRC) With Credit Card
The easiest and fastest way to purchase Loopring (LRC) using your credit or debit card—no account registration required. Enjoy instant payment confirmation and quick payouts directly to your wallet.
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What is Loopring (LRC)
Loopring (LRC) is a cryptocurrency that underpins the Loopring protocol, a decentralized exchange (DEX) and payment protocol built on the Ethereum blockchain. The primary goal of Loopring is to enable high-throughput, low-cost trading and payment services by leveraging zkRollup technology, which aggregates multiple transactions into a single batch to improve efficiency and reduce gas fees. LRC tokens are used within the Loopring ecosystem for various purposes, including staking to earn rewards, participating in governance decisions, and paying for transaction fees. This framework aims to provide a scalable and secure environment for users to trade and manage their digital assets without relying on centralized intermediaries.
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How to buy Loopring at CoinGate?
There are two ways you can buy LRC at CoinGate: debit / credit card and bank transfer.
Buy Loopring with Credit Card
Use debit / credit card or Apple Pay and buy Loopring without an account (quick one-time KYC checkup required).
Buy LRC with Bank Transfer
Top-up your CoinGate account with Euros, convert to LRC and withdraw to your wallet.
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Express checkout
No registration
No account needed when you buy Loopring (LRC) on CoinGate!
Simplified KYC
A quick KYC check up is enough to start buying crypto assets 200+ crypto assets.
Instant Payment
Our partners at Simplex will process your payments usually in a few minutes.
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Why should you buy Loopring (LRC) through CoinGate?
Loopring (LRC) stands out as a unique asset within the Ethereum ecosystem due to its innovative approach to decentralized exchanges (DEXs). Utilizing Ethereum’s robust platform, Loopring enables the creation of highly efficient and secure DEXs that offer users the ability to trade assets without relinquishing control of their funds. This is achieved through Loopring’s zkRollup technology, which significantly enhances transaction throughput and reduces gas fees, making trading more cost-effective and scalable. Additionally, Loopring’s protocol ensures high levels of security and transparency, as all transactions are verifiable on the Ethereum blockchain. This combination of advanced technology and user-centric features positions Loopring as a significant player in the decentralized finance (DeFi) space, providing a compelling solution for those looking to engage in secure and efficient digital asset trading.
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FAQ
How quickly are the purchased cryptocurrencies added to my wallet?
Transactions are processed swiftly, typically completed within 10 minutes to 1 hour. In some rare instances, it may take up to 24 hours.
Is it safe to use my debit or credit card to buy crypto?
Yes, it is generally safe to use your debit or credit card to buy cryptocurrency on platforms that prioritize transaction security. For instance, CoinGate partners with Simplex, an EU-regulated financial institution, to ensure compliance with the highest European Union standards for financial operations and data security. This collaboration helps protect your financial information, creating a secure environment for purchasing cryptocurrencies. Always verify that the platform you choose has strong security measures to safeguard your transactions and personal data.
Are there any limits on how much cryptocurrency I can buy with my card?
Yes, there are limits on how much cryptocurrency you can buy with your card. For transactions involving credit or debit cards, we allow a maximum purchase limit of $20,000. This ensures a secure and manageable process for acquiring cryptocurrency.