The Loopring price is currently $ 0.238335 with a 24-hour trading volume of $ 29.42M across 38 exchanges. The LRC price is down -5.99% in the last 24 hours. The Loopring price prediction sentiment is currently neutral. Loopring reached its highest price on January 9, 2018, when it was trading at its all-time high of $ 2.51. It has a circulating supply of 1.14B LRC with a total supply of 1.37B LRC. The best exchange for trading Loopring is Binance.

Loopring (LRC) is a protocol that facilitates the automated execution of trades. These can be performed across various crypto-token exchanges, with Loopring providing a decentralized system which reduces risk and raises liquidity. Instead of being required to send tokens to exchanges, Loopring enables users to keep their tokens on the main blockchain addresses they were designed for. The platform uses a concept known as ring-matching, which breaks orders into small parts and then places them on multiple markets simultaneously, finding the best time to trade them for optimum return.

The technology underpinning Loopring enables any blockchain with smart contract support to be compatible. As a consequence, ERC20 tokens and similar offerings can all be traded using the decentralized system that Loopring have established.