Buy Loopring (LRC)
What is Loopring?
Loopring is a layer-2 solution for the Ethereum network. On the Loopring network, transactions are bundled. This bundle is sent as one transaction on the Ethereum blockchain. This way, high Ethereum network costs are avoided.
People who have traded with Ethereum have probably noticed the transaction fees. With the Merge completed, the Ethereum network remains immensely popular. Fortunately, Loopring (LRC) brings a solution through its layer-2 (DeFi) protocol. But what exactly is a layer-2 protocol? Layer-2 is a secondary network built on top of the main network. In this case, the first layer is the popular Ethereum network and the 2nd layer is the Loopring network. In the case of Loopring, the secondary network relieves and supports the first network in terms of transactions and scalability. Currently, larger networks like Bitcoin and Ethereum cannot handle the transaction numbers like giants as Mastercard and Visa (yet). In the case of Ethereum, this is due in part to the sheer volume of applications and smart contracts running on the network. To ensure that these applications can keep running, transactions are bundled "off-chain" via Loopring, for example. Through this system, Ethereum, can continue to build its network and process multiple transactions at the same time.
Since 2013
Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.
Security
Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.
Community
Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe.
Buy Loopring in a matter of seconds
Why buy Loopring with Anycoin?
With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.
Do you have any questions about a specific coin, a payment, or any of our services? Know that you can call us, email us, or start a livechat. At Anycoin Direct, you get personal assistance. No chat-bots, but real people.
Anycoin Direct is active since 2013, making it one of the oldest crypto brokers in the Netherlands. Anycoin has an official registration with the DNB and is the official crypto partner of Heroes Den Bosch. A true pioneer in the European crypto scene.
Anycoin Direct supports all common payment methods, from SEPA to credit card. On our platform, you buy Bitcoin within seconds.
Buy crypto in three easy steps!
You can create a free Anycoin Direct account within minutes.
Verify your identity with one of our trusted verification partners.
Buy, sell, swap and store your favorite coins. Never miss a moment.
Anycoin Vault
The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Foundation
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
Extra information about Loopring
What is zkRollups?
These off-chain transactions are possible through a technique called zkRollups. Through zkRollups, Loopring can bypass high transaction fees that currently apply to the many decentralized exchanges on the Ethereum network. The zk in zkRollups stands for zero knowledge. By this they mean that transactions are processed anonymously. The transaction and its "authenticity" are verified without providing unnecessary data. Zero-Knowledge tells you it's bad weather outside without having to look out the window. Rollups is a system that focuses on scalability and does so by aggregating transactions. The system "rolls" transactions together into a single transaction and then places it on the Ethereum network. This system allows Loopring transactions to share the costs and does not clog up the network. zkRollups is the combination of these two techniques. The token that makes all this possible? The LRC token!
How can I store Loopring?
The safest way to store Loopring is with a hardware wallet. However, if you are new to the world of crypto and want us to manage things for you, the Anycoin Vault is the easiest option for you. With Anycoin Direct, you don't have to worry: store Loopring securely in our Anycoin Vault.
Can I buy Loopring with iDEAL?
Yes, you can buy Loopring with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.
Do you need to buy a whole Loopring (LRC)?
You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.
Can I send Loopring to my own wallet?
Yes, while buying Loopring you can choose to send it to your own wallet. Alternatively, you can choose to be managed by us; we will then store your Loopring securely in the Anycoin Vault.
Is it safe to buy Loopring?
Yes, buying Loopring is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy Loopring safely with us with a wide range of payment options.
Is Loopring legal in the UK?
Yes, Loopring is legal in England. You don't have to worry about the legality of buying Loopring.
Do I have to pay taxes on my cryptos?
Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.
Can I buy Loopring anonymously at Anycoin Direct?
No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.
Can I do a business transaction with Anycoin Direct?
Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.
