LRC to USDT conversion chart
Loopring to Tether correlation
LRC and USDT are not correlated to each other as LRC value depends on supply and demand. Whereas, USDT is a stable coin that is backed by traditional fiats like the dollar and the euro. USDT’s value remains the same, which is $1 regardless of the market conditions. Hence, LRC and USDT do not share a strong relationship.
LRC Price Change and Market Cap
Currently, the LRC price is 0.3618 USDT and the 24-hour change is -2.53%. The market cap of Loopring today is $16259532 with a total of 17098145.29 LRC in circulation. In the past 24 hours, the LRC price peaked at 0.3927 USDT and the lowest price was 0.3589 USDT.
Loopring price prediction
Loopring is a fairly established project that has went through two market cycles by now. Its 2018 high of $2.12 has been utterly dwarfed by an ATH reached in 2021 — $3.38. Nevertheless, in between the heated bull markets LRC price is closer to $0.3.
In a year, in 2023, LRC can appreciate to $0.93 — little short of a psychological mark of one dollar. By 2025, LRC forecast is even more bullish because of the enhancements of the platform: up to $3. Finally, by 2030, provided Loopring finds meaningful adoption, its token LRC will be worth around $15.
Loopring Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Loopring, track live LRC prices and also swap it through ChangeHero without leaving your wallet application.
LRC to USDT exchange margin
Considering today’s exchange rate, a transaction of 1 LRC to USDT would result in an output of 0.3618 USDT.
How to convert Loopring to Tether
Loopring and Tether comparison
An ERC-20 token LRC is backing Loopring, a Layer-2 protocol on Ethereum which makes it possible to build exchanges on top of it with cryptographic tech known as zkRollups (Zero-Knowledge Rollups). An average user can stake the Loopring token to receive a cut of the trading fees the protocol makes, as well as buy, sell, and trade LRC.
USDT is a stable coin which was launched in the year 2014. Initially, it was called RealCoin and later renamed as Tether. USDT belongs to a new clan of cryptocurrencies called Stablecoins. Tether is pegged to the fiats like the US Dollar, the Euro, Japanese Yen and others to keep its value stable. In terms of the USDT, the peg will be in the ratio of 1:1 which means 1 USDT will always be equal to $1. Tether is used to minimize the volatility risks of crypto and also function as a bridge between the crypto and fiat currency.
What is Loopring?
Loopring is a protocol for the creation of decentralized exchanges which brings the convenience of centralized exchanges with on-chain settlement of DEXs. The nodes in the Loopring network connect orders in rings for a reward in LRC.
The Loopring team has ambitious plans for the future. Particularly, they will be working on an on-chain insurance fund and a decentralized autonomous organization.
Loopring to Tether price details
LRC to USDT Conversion Rate and Price
Currently, the conversion rate for 1 LRC equals to 0.3618 USDT. The 24-hour highest price of Loopring in relation to USDT was 0.3927 USDT and the lowest was 0.3589 USDT. In short, LRC price in relation to USDT changed by -2.53%.
Instantly Exchange LRC to USDT
On ChangeHero you can instantly exchange Loopring to Tether without signup. You can easily convert LRC to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your LRC to USDT exchange.
LRC to USDT Best Rate Exchange
In the Best Rate exchange of Loopring to Tether, we search through various exchanges for the LRC to USDT pair and find the best rate available in the market. We provide you with an estimation of the amount of USDT you will receive.
As soon as you accept the terms and the LRC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LRC to USDT.
LRC to USDT Fixed Rate Conversion
In the Fixed Rate exchange of Loopring to Tether, ChangeHero finds a good rate for the pair LRC to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of LRC to USDT, you will receive the exact amount of USDT which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDT address. ChangeHero is the best place to exchange LRC to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert LRC to USDT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange LRC to USDT?
No, you do not require an account to swap LRC to USDT on ChangeHero. There will be no registrations for your Loopring to Tether transaction.
Do I need to go through KYC procedures for LRC to USDT exchange?
There will be no KYC for the LRC to USDT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDT to LRC?
Yes, you can instantly exchange USDT to LRC on ChangeHero.
