Loopring wallet

The most secure hardware wallet for your Loopring

Ensure your Loopring is protected with Tangem, a wallet celebrated by satisfied users everywhere!

Get Loopring wallet

How to secure your Loopring with Tangem?

When you buy or hold Loopring in Tangem, it secures your private keys in many ways:

With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
An access code and biometric authentication protect against unauthorized access.
Private keys are generated and stored on its EAL6+ CC secure element.

How to get a Loopring Crypto Wallet?

Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.

Get Tangem

Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose Loopring wallet with Tangem.

Privacy

No registration and KYC required to use the app. We don't track your data.

Security

Your private keys are encrypted and never leave your device. Only you have control over your funds.

Convenient designs

Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.

24/7 Customer care

Fast support for your needs. Live chat and email support for customers from all over the globe.

What is Loopring (LRC)?

Loopring, denoted as LRC, is a decentralized exchange system developed on the Ethereum Layer-2 (L2) framework known as zkRollup. This innovative platform integrates both Automated Market Maker (AMM) and orderbook functionalities to offer a multifaceted trading venue for digital currencies.

What is a Loopring wallet?

A Loopring wallet is a tool for securely managing your LRC private keys. It doesn’t store LRC coins themselves; instead, your assets stay recorded on the blockchain. The main function of the wallet is to generate and house private keys, which facilitate the administration of your LRC accounts. In summary, a Loopring wallet enables you to store, send, receive, and manage your LRC efficiently.

How does a Loopring wallet work?

Loopring wallets utilize public and private keys to manage your accounts on the blockchain. The private key must remain secured as it grants access to a specific LRC account, while the public key is shared to accept LRC. To send out funds, you need the particular private key. The Tangem Wallet secures your private keys within its tech.

What are the types of Loopring wallets?

Exchange Loopring Wallets:
These are custodial wallets on centralized platforms like Coinbase or Binance, enabling LRC purchase through traditional financial avenues. However, these come with the danger of losing access if the account is compromised.
Software Loopring Wallets:
These digital integrations manage your private keys and LRC on your device, providing ease of use yet potentially exposing you to cyber threats like hacks or malware. Options include mobile, desktop, and browser wallets.
Mobile Loopring Wallets:
Mobile applications for handling LRC on smartphones.
Desktop Loopring Wallets:
Installed on a computer, storing your private keys securely on a hard drive.
Hardware Loopring Wallets:
Such as Tangem devices, these offline options repel online vulnerabilities.

How to Choose the Best Loopring Wallet

Choosing the optimal wallet depends on individual priorities like simplicity, security, robustness, and reliability. For high-level security and offline protection of large holdings, a hardware wallet such as Tangem is preferable.

Tangem supports other cryptocurrencies

Reliability and convenience at your fingertips. Manage thousands of cryptocurrencies with peace of mind anywhere and anytime

See all supported cryptos

Loopring FAQ

You can buy Loopring on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
For long-term storage of Loopring, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
Transfer fees for Loopring depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
To create a wallet for Loopring, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Loopring is 'Sell'.
Loopring (LRC) is an Ethereum Layer-2 scaling protocol thatenables the building of decentralized exchanges which rival centralized exchanges in terms of performance.

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Loopring wallet

How to secure your Loopring with Tangem?