How to Lend Loopring (LRC)

Earn up to
0,01% APY

What you'll learn

1
How to Lend Loopring (LRC)
An in-depth guide on how to lend Loopring (LRC)
2
Statistics about Loopring Lending
We have a lot of data on lending Loopring (LRC) and we share some of this with you.
3
Other coins you can Lend
We show you some lending options with other coins that could be of interest.

Latest Movements

Loopring (LRC) is currently priced at US$0.01 with a 24-hour trading volume of US$15.55M. The market cap of Loopring stands at US$229.56M, with 1,25B LRC in circulation. For those looking to buy or trade Loopring, Gemini offers avenues to do so securely and efficiently

Market cap: US$229.56M
24h volume: US$15.55M
Circulating supply: 1,25B LRC

See latest information

Top Pairs for Loopring

Important Notice

Important Notice

Introduction

Lending Loopring can be a great option for those who want to hold LRC but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Loopring (LRC) Tokens
In order to lend Loopring, you need to have it. To obtain Loopring, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Loopring (LRC) 0,05
BTSE Loopring (LRC) 0,05
Coinbase Loopring (LRC) 0,05
Kraken Loopring (LRC) 0,05
OKX Loopring (LRC) 0,09
Uphold Loopring (LRC) 0,09
See all 56 prices
2. Choose a Loopring Lender
Once you have LRC, you’ll need to choose a Loopring lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Gemini Loopring (LRC) Up to 0,01% APY
Kucoin Loopring (LRC) Up to 0,5% APY
See all 4 lending rates
3. Lend Your Loopring
Once you’ve chosen a platform to lending your Loopring, transfer your Loopring into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.