Is Loopring on Coinbase?

Is Loopring a good investment? The prospect of Loopring being a good long-term investment is fine, but the current support levels have not been established . That said, the current price development has shot up the price of LRC by huge margins.

Loopring (LRC) is an ERC-20 token that describes itself as “an open-sourced, audited, and non-custodial exchange protocol.” It aims to allow anyone to build non-custodial, orderbook-based exchanges on Ethereum by leveraging zero-knowledge proofs .

Starting today, Coinbase supports Loopring (LRC) and yearn. finance (YFI) at Coinbase.com and in the Coinbase Android and iOS apps . Coinbase customers can now buy, sell, convert, send, receive, or store LRC and YFI. LRC and YFI are available in all Coinbase-supported regions, with the exception of New York State.