LRC

    Loopring

    LRCRank #1193
    ₹0.76▲ +6.41%
    Market Cap
    ₹105 cr
    24h Volume
    ₹24 cr
    All-Time High
    ₹278.46
    Circulating Supply
    1,37,38,73,397 LRC

    What is Loopring?

    Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges. 

    zkRollup is an Ethereum L2 scaling solution that migrates computations off the blockchain. Loopring protocol only uses the underlying Ethereum blockchain as a data layer and a verification layer. As a result, Loopring's throughput is as high as 2,025 trades per second compared to Ethereum’s current throughput of 15 transactions per second. The result is that the cost per trade settlement is as small as $0.00015.

    How to Buy Loopring in India

    The easiest way to buy Loopring (LRC) in India is through an FIU-registered Indian exchange. Here's how:

    1. Create an exchange account: pick an exchange that appears on the FIU-IND register and complete KYC verification (Aadhaar and PAN).
    2. Deposit INR: add funds by UPI, IMPS or bank transfer.
    3. Search for LRC: use the search bar to find Loopring, then tap it to open the trading pair.
    4. Place your order: enter the amount in INR you want to invest. Use a market order to buy now, or a limit order to set your price.
    5. Secure your holdings: your LRC sits in your exchange wallet. For large amounts, consider moving it to a hardware wallet.

    Tax on Loopring in India

    30% flat tax on all crypto profits under Section 115BBH of the Income Tax Act. No deductions allowed except cost of acquisition.

    1% TDS on all crypto transactions above ₹10,000 under Section 194S. This is deducted automatically by Indian exchanges and can be claimed as credit when filing ITR.

    Losses from Loopring trading cannot be set off against gains from other cryptocurrencies or any other income. Each transaction is taxed independently.

    For a complete breakdown of crypto taxation in India, including ITR filing steps and airdrop rules, read our Crypto Tax India 2026 Guide.

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