Loopring Price for today is $0.041. Its current circulating supply is LRC 1,374,813,985.16 with a market cap of $40,723,623.59.
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Loopring is an orderbook-based DEX (data exchange) protocol on Ethereum; there is currently 3rd version available. It relies on smart contracts to hold access aiming for a trade. The protocol allows users to claim their digital valuables at any time and under any circumstances. To maintain the highest level of security Loopring’s latest version utilizes Zero-Knowledge Proofs to attest DEX states. The trading on Loopring-based DEXs is trustless, meaning that users are not required to place trust in the DEX operators or Loopring team. LRC is a utility token of the protocol.
Trade LRC on ChangeNOW to get access to the best rates and service on the market. Operating on our platform is completely anonymous: we don’t require account creation or personal information sharing. We also prioritize keeping the lowest exchange rates on the market. You can choose from the biggest number of exchange pairs; currently there are over 360 coins.
Check out the most recent LRC exchange rate on ChangeNOW.
Users can stake LRC tokens to earn Loopring protocol fees. Different types of users can get different rewards. LRC holders can earn part of the protocol fees (70%) paid by exchanges built on top of Loopring. DEX owners need to stake some LRCs to build their reputation. Traders’ staking reduces protocol fee and allows LRC to be withdrawn at any time. Aside from being a utility token LRC serves as a “gas” to power smart contracts of the Loopring.
Exchange LRC on ChangeNOW to get the best rates and services! Find more details about LRC coin in our overview.