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How to buy Loopring (LRC) in South Africa

Updated on:  2024/11/25 08:55:01(UTC+0)
Coin rating
4.6
Bitget is legally accessible in South Africa. You can buy Loopring in South Africa through Bitget.
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In this tutorial, we will discuss:
1
Where and how to buy Loopring in South Africa
2
Alternative methods to obtain Loopring in South Africa
3
Methods to obtain Loopring for free
4
What are the applications of Loopring in South Africa
5
Market stats to assist in determining optimal times for purchasing Loopring
6
How to safely store your Loopring
7
How to withdraw Loopring

Where and how to buy Loopring in South Africa

Investing in Loopring has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Loopring. Here's a step-by-step guide on how to buy Loopring on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Loopring order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Loopring order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Loopring is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Loopring order.
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How to buy crypto via third-party gateway
Buy Loopring via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Loopring order.
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How to buy crypto on Bitget P2P
Buy Loopring with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Loopring order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Loopring in your Bitget spot account

If you've chosen to purchase Loopring on Bitget, your Loopring will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Loopring in South Africa

In addition to purchasing Loopring directly, there are numerous other ways to obtain Loopring.

Convert crypto to Loopring with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Loopring. Just choose your available crypto assets, specify the amount for the Loopring swap, confirm, and check Loopring instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Loopring with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Loopring anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Loopring.

Methods to obtain Loopring for free

Using real money to buy Loopring is not the only way to obtainLoopring. If you have the time to allocate, you can get Loopring for free.
Learn how to earn Loopring for free through the Learn2Earn promotion
Earn free Loopring by inviting friends to join Bitget's Assist2Earn promotion
Receive free Loopring airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Loopring through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Loopring Price Page and bookmark them to stay updated!
Loopring
Loopring Price Now:
LRC / USDT
$0.2200
-0.01
-5.02%24H
The live Loopring price today is $0.2200 USD with a 24-hour trading volume of $875438.97 USD. We update our LRC to USD price in realtime. LRC is -5.02% in the last 24 hours.
Are you planning to buy LRC?
See if other users are buying LRC:
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Buy Loopring in a different country

A selection of popular Loopring buying regions.
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A welcome pack of 6200 USDT for new Bitgetters!
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How to buy Loopring in other countries?

You can easily buy Loopring (Loopring) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Loopring in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at mail@bitget.com. Last checked on 2024-11-25.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Loopring?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Loopring

Many users hold on to their Loopring with the expectation of it increasing in value. You can store your LRC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Loopring

You can trade Loopring for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Loopring trading to meet your needs.

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Send Loopring

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Loopring online and send to anyone and anywhere with their Loopring address.

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Spend Loopring

You can also buy goods and services with your Loopring. More and more vendors and retailers accept Loopring every day.

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Donate Loopring

Bitget Charity accepts Loopring donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Loopring so no one misses out on the growth made possible by blockchain.

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Learn More About Loopring

You can read more in-depth articles on Loopring from Bitget Research and study how cryptocurrencies like Loopring work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Loopring

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Loopring facts from our Bitget Academy articles. Learn why people buy Loopring today!

What is Loopring (LRC)?

Loopring is the first layer 2 that implements ZK-rollups as a scaling solution on Ethereum. The protocol is specifically designed for DeFi and aims to build the infrastructure that powers the future of finance. It is said to be 1000 times faster and 100 times cheaper than Ethereum. The network has its own AMM and crypto wallet bearing the same name.

The network was created in 2017 by Daniel Wang, who used to work for Google and JD.com before founding Loopring. The launch of Loopring was a huge success, but due to China's crackdown on blockchain and cryptocurrency, Loopring's operation has been affected greatly.

How Loopring (LRC) Works

ZK-rollups groups transactions together and sends them to Ethereum to verify as one transaction. Therefore, the time and fee it takes to process transactions is better while the security of the Ethereum blockchain is maintained.

How Many Loopring (LRC) Tokens Are in Circulation?

LRC, the token of the Loopring network, has a total supply of 1.4 billion. The circulating supply of LRC is 1.3 billion.

How to Buy Loopring (LRC)

Consider investing in Loopring (LRC)? It only takes 2 minutes to create an account on Bitget and start trading LRC.

Check out the available LRC trading pairs on Bitget!

Futures market

LRCUSDT

Spot market

LRCUSDT

Loopring (LRC) Resources

Official Website

Official Blog

Loopring Update 3.6.0

Buy Loopring in South Africa with Bitget 

How to safely store your Loopring

After purchasing your Loopring, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Loopring for long-term growth. For enhanced security and risk management of your LRC assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.
Here's how you can manage your LRC on Bitget:
1. Storing your Loopring:
  • Sign up and transfer LRC to your Bitget account.
  • Alternatively, use Bitget Wallet as a self-custody solution for your LRC.
2. Trading and earning:
Trade Loopring for other cryptocurrencies or stake LRC on Bitget Earn to earn passive income.
Sign up now to benefit from secure Loopring management with Bitget.

How to withdraw Loopring with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Loopring or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Loopring you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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South Africa is located at the southern tip of Africa and has a population of 60 610 000 according to the World Bank's 2020 population index. On 31 May 1961, the country became a republic following a referendum in which voters overwhelmingly voted to end the monarchy, thus becoming the Republic of South Africa. South Africa has some wonderful tourist attractions such as the Kruger National Park, Indian safaris, Table Mountain, and the Maclear’s Beacon among many others.

The currency of South Africa is the South African Rand (ZAR). It will only take you a few minutes to buy Loopring(LRC) and other cryptocurrencies by ZAR on the Bitget platform using P2P trading, crypto deposit, and third-party payments (using your credit card, Apple Pay or Google Pay).

The official languages of South Africa are Afrikaans, English, Xhosa, Zulu, Southern Sotho, Northern Sotho, Tswana, Tsonga, Venda, Swati, Ndebele, and the Bitget app and website are available in English.

South Africa is a country with a very beautiful landscape and relatively humid weather ranging from coastal subtropics, hot deserts, humid highlands, and snow-capped mountains, the landscape offers beautiful places like the beaches, lush Winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain. We are excited to tell you that no matter the location you are in, Johannesburg, Cape Town, Durban, Pretoria, or Port Elizabeth, Bitget is here to serve you and make your crypto trading journey worthwhile.

FAQ
How do I purchase Loopring?
Nowadays, you can purchase and store Loopring hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Loopring. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Loopring?
In theory, Loopring can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Loopring?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Loopring?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Loopring?
The best place to buy Loopring is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Loopring right now?
You should make a decision on purchasing or investing in Loopring or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Loopring online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Loopring instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Loopring purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.