Sell Loopring (LRC)

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What is Loopring?

Loopring (LRS) is a decentralised exchange protocol built on the Ethereum network, it allows users to trade crypto based assets across different exchanges. Loopring facilitates decentralised exchanging of crypto assets through the use of ring sharing and order matching.

Shields users from counterparty risk by allowing trades to take place with tokens remaining in there respecting Blockchain addresses without the need to send to a centralised exchange

Loopring is designed to be flexible enough to support multiple Blockchains, as long as the Blockchain has smart contract compatibility, they can be traded on the Loopring platform

Utilising order sharing Loopring breaks trade orders into smaller pieces, initiating orders across multiple exchanges simultaneously to optimise trading results

Loopring is building the future of financial systems, utilising Looprings technology offers unparalleled liquidity, control and security through there decentralised trading protocol.

How do I sell Loopring?

Enter amount to sell
Enter the amount of Loopring (or AUD equivalent) you would like to sell.
Confirm & sell
Click 'Sell' to confirm your Loopring sale. Your sale will process within minutes.
That’s it!
You’ve sold Loopring! To sell Loopring, you must first own an amount of Loopring. To buy or sell Loopring register for a CoinSpot account here & verify in minutes.

Learn more about Loopring

Why Should I Trade LRC with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Loopring no matter what your trading experience is. Unlike other international and Australian Loopring exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Loopring with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Loopring how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Loopring?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Loopring for free.

Cold Storage

If you are holding Loopring as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Loopring. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Loopring. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Loopring has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Loopring is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Loopring exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Loopring & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Loopring safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Loopring portfolio here.
Yes! With CoinSpot you can convert your Loopring to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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