Currently available in the United States; coming soon in 31 countries in Europe.
Not currently supported on BlockCard; data on currently unsupported cryptocurrencies is included for your convenience.
Loopring, or LRC, is a decentralized exchange protocol based on the Ethereum blockchain. Its purpose is to allow individuals to trade broadly across various exchanges, meaning it can offer greater liquidity to anyone interested in exploring the cryptocurrency market at large. It was created as a response to centralized exchanges that were lacking in financial transparency and reliable security.
Loopring (LRC) To USD | LRC Conversion Calculator
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What is Loopring (LRC)?
To make an online trade, users place an order through the loopring.io wallet. The submitted orders are forwarded to the Loopring network and relayed to the smart contracts and off-chain relay nodes. Ring miners are the users who ensure that orders can be filled. They are compensated for helping organize the ring of orders with either a fee in the form of LRC or from a split-margin of an order’s final purchasing amount.
Loopring (LRC) Market Price Ticker Chart
About Loopring (LRC)
The purpose of the order ring is to ease the ring-matching process of stringing orders together and fulfilling them. This is done through careful management of the ring-matching process that can involve more than two parties, a feature that distinguishes Loopring from other exchanges. Whenever an order can’t be fulfilled within a single trade, order sharing makes it possible to divide up the orders so that they can be partially delivered over time. Any orders that require being broken down to partial orders only have to be assigned to the next order ring to complete. Ultimately, Loopring allows anyone to build high-throughput, non-custodial, orderbook-based exchanges on Ethereum.
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