Virtual currencies, real risks. The only guarantee in crypo is risk. Read more
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Disclaimer
The value of your virtual currencies can fluctuate significantly, and the amount you invested can be completely lost;
Virtual currencies are not covered by the bank deposit guarantee schemes;
There is no legal mechanism available on the virtual currency market to prevent market manipulation or insider trading;
Virtual currencies are entirely dependent on a specific computer technology and infrastructure, which in some cases may be very recently developed and not yet sufficiently tested;
In case of loss of the identifier or password that gives access to the virtual wallet in which the virtual coins are stored, those coins will be permanently lost;
Virtual currencies are currently accepted as a means of payment with limited acceptance, and in most countries there is no legal obligation to accept them;
For more information about the risks associated with an investment in virtual currencies, we recommend that you visit the Wikifin page What is a cryptocurrency? | Wikifin.
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We make investing in Loopring easier, safer and faster than ever before. With the lowest trading fees and full transparency.
Lowest trading fees
On average 83%* lower fees than other crypto exchanges, with the best possible execution price for your LRC. No hidden fees.
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Loopring is a decentralized exchange protocol built on the Ethereum blockchain that aims to solve the issues of scalability, liquidity, and security that often plague traditional centralized exchanges. It achieves this by combining off-chain order management with on-chain settlement, providing users with a highly efficient and secure trading experience. Loopring's native cryptocurrency is also called Loopring (LRC), which is used as a utility token within the ecosystem.
Loopring operates by creating a global order book that aggregates liquidity from various sources, including both centralized and decentralized exchanges. The protocol utilizes a concept called "ring-matching" to enable users to trade directly with each other without the need for a centralized intermediary. When a user wants to make a trade, Loopring allows them to submit their order to the network. Instead of executing the trade immediately, the order is processed off-chain, where it can be matched with other compatible orders. This off-chain order management significantly improves the scalability and speed of the exchange. Once a set of orders is matched, Loopring generates a cryptographic proof called a "ring signature," which proves that the orders can be settled without any inconsistencies or double-spending. This ring signature is then submitted to the Ethereum blockchain for settlement, ensuring the finality and immutability of the trade. By settling trades on-chain, Loopring leverages the security and decentralization of the Ethereum network while avoiding the high transaction costs and latency associated with fully on-chain exchanges. Loopring also introduces a unique feature called "zkRollup," which combines zero-knowledge proofs with layer-two scaling solutions. This enables Loopring to batch multiple trades together and submit them as a single transaction to the Ethereum blockchain, reducing gas fees and increasing throughput. Furthermore, Loopring employs decentralized custody solutions, allowing users to retain control of their funds throughout the trading process.
With Finst it's easy to invest in LRC and other cryptos.
Sign up
Create a free account in 3 minutes to buy, sell and store Loopring with no minimum amount. Your Finst account is accessible worldwide via mobile and desktop.
Deposit funds
Verify your account and transfer euros to your Finst wallet with iDEAL, Bancontact or instant SEPA bank transfer.
Buy and trade
Buy and sell over 265 digital assets and pay only 0,15% transaction fees. Store your LRC in your secure Finst wallet.
We don't hide our fees.
Buy LRC with a trading fee of 0,15% per transaction and no added spead. That's it. Crystal clear.
Finst is an Amsterdam-based cryptocurrency exchange led by a team of investment professionals who have previously helped build one of the largest retail investment platforms in Europe. Finst offers the lowest transaction fees in Europe for a wide range of cryptocurrencies through a unique and highly secure platform.
Leveraging decades of combined trading, security and engineering experience, Finst aims to create a level playing field for all crypto investors and remove the high entry barriers associated with investing in cryptocurrency.