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Get Instant Loopring (LRC) Loan

Borrow against LRC for an unlimited term with no need to sell your crypto

Safe

Top-tier security,Cold wallet storage

Easy

No KYC &credit check

Start

from $100

0+

Currencies

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Borrow Against Loopring

LTV
ltv-notice

The loan-to-value ratio is the related difference between the loan amount and the current market value of the collateral. The higher the LTV, the more loan funds you will receive, but at the same time the margin call will be higher.

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Loan Term

Borrow Bitcoin and other cryptocurrencies

The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.

Unlimited

Monthly Interest

how to borrow cryptocurrency

Interest rate is accrued every month from the moment of getting the loan and is paid at the moment of full or partial repayment of the loan

16%% APR

How to Lend Loopring

We make it easy to get and manage your crypto loan.

1
Calculate your crypto loan

Set up your loan using Loopring as a collateral option, then confirm it with your phone number as the main contact channel and your payout stablecoin address where you’d like to receive your funds.

2
Get crypto loan within minutes

Send us the collateral and we will send you the loan amount on your payout address without any delays and additional checks.

3
Start spending

Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time.

4
Get back your Loopring

At any moment you can pay your collateral back. To do this, you need to pay the full price of Repayment, and when we get it, we return your collateral.

What is a Loopring Crypto?

Loopring coin (LRC) is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of non-custodial decentralized crypto exchanges (DEX) on Ethereum.

What is a Loopring Loan?

A Loopring (LRC) loan is the loan borrowed against Loopring cryptocurrency as collateral. Here’s how it works: you bring some LRC crypto to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit LRC lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.

Learn more about Loopring loans

Loopring (LRC) review 5Loopring (LRC) review 6Loopring (LRC) review 7

Learn more about crypto. Read blog

What you should know

Why should you consider Loopring loans?IconPlus
According to the Loopring crypto potential the cryptocurrency believers can use LRC crypto loans for different purposes. Here are some ways to benefit with the help of them:

- If the LRC market fluctuations increased, the LRC loans would minimize the risks during such periods by allowing a wide range of LTV for the Loopring collateral;

- Hold your LRC crypto while spending the loan on promising assets;

- Legally minimize the taxes.
How does Loopring lending work?IconPlus
Loopring lending is a service that issues loans with Loopring collateral for a yearly interest. The interest can vary from 10% up to 18% and more. There is no KYC, no credit history and no credit checks — the only way you prove your credibility is the collateral you’re ready to provide. It will be temporarily stored in a lending service making sure you will repay your Loopring loan.
How to loan LRC?IconPlus
Loaning against LRC crypto at CoinRabbit requires only a few minutes of your time. First of all, navigate to the CoinRabbit website. Choose the amount of Loopring coins you would like to use as collateral and loan currency (USDT/USDC/BUSD) in the calculator section. Confirm your stablecoin wallet address and a phone number. Finally, send your LRC collateral amount to receive the chosen stablecoin loan. Wait for a few minutes for everything to be processed. Then receive your loan in 15 minutes.
How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus
Usually, getting an instant LRC loan takes no longer than 10 minutes. Since there are no credit checks and no KYC, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your Loopring transaction. The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.
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