How and where to buy Loom Network (NEW) (LOOM) coin
The Loom cryptocurrency is widespread to the crypto trading platforms. The 15 exchanges propose nine pairs. All the details about, including last project news, market cap and instructions read below.
Where to buy Loom Network (NEW)
Step 1You need an account with a cryptocurrency exchange that supports Loom crypto. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Upbit | ?? / ?? | HIGH | Yes | $71779 |
|
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 |
|
Bitget | 0.1 / 0.1 | HIGH | Yes | $44942 |
|
Bitvavo | ?? / ?? | MEDIUM | Yes | $2184 |
|
Bithumb | ?? / ?? | HIGH | Yes | $21710 |
|
XT.COM | 0.2 / 0.2 | HIGH | Yes | $108341 |
|
CoinEx | ?? / ?? | MEDIUM | Yes | $1004 |
|
Bilaxy | 0.2 / 0.2 | MEDIUM | Yes | $122 |
|
LATOKEN | ?? / ?? | MEDIUM | Yes | $7186 |
|
Nominex | ?? / ?? | HIGH | Yes | $1707 |
|
Bitrue | 0.2 / 0.2 | HIGH | Yes | $56893 |
Buy or transfer with peer-to-peer trading one of this coins: ETH, IDR, ADA, SOL, BTC or other.
Step 3Open spot market on your crypto exchange and type the coin name in search box. Select from available trading pairs, then set order and push Buy LOOM button.
Congratulations!
By pushing "buy" button, the Loom will be deposited in your account on the crypto exchange. Keep in mind that only moving your coins off exchange to separate wallet, you can improve protection of your finances. Not only does this shorten your risk if your exchange gets cracked, but if you transfer a “cold,” or offline, wallet, your Loom token becomes almost unbreakable. Only downside is generally have to pay a small withdrawal fee to move your crypto off of the crypto exchange.
What is Loom Network (NEW)
The Next-Generation Blockchain Application Platform for Ethereum. Loom Network’s DPoS sidechains allow for truly scalable blockchain games and DApps with the security of Ethereum mainnet. Like EOS on Ethereum. What is Loom Network? Loom Network is a Layer 2 scaling solution for Ethereum that is live in production. It is a network of DPoS sidechains, which allows for highly-scalable games and user-facing DApps while still being backed by the security of Ethereum. Live in production Loom Network has been live in production since March 2018. Developers, start building on Loom today. Highly Scalable Sidechains Dubbed “EOS on Ethereum”, Loom’s DPoS sidechains provide the same high scalability and throughput promised by alternative platforms like EOS, while still being fully Ethereum-compatible and secure. Backed by Ethereum We built the world’s first Plasma Cash implementation, which allows Ethereum-based tokens to be used on Loom sidechains with the full security guarantees of Ethereum.
Video Review
What Is Loom Network Crypto’s ‘Basechain’ Service & Its Token?
Statistics and Externals
Concepts of hashing algorithms not applicable to Loom blockchain.
Price and supply
The current total supply is 1000 millions, with a circulating supply of 602422583 LOOM as of Oct 2024. The Loom Network (NEW) maximum amount of coins that will ever exist is 1000000000.
The price of Loom Network (NEW) cryptocurrency is $0.05726367143 as of 12:11 AM. The price change on 1.004% over the past 24 hours. The recent price action left the token's market capitalization at 0 USD. Over past 30 days, the Loom Network (NEW) token went up on 1.12%.
FAQ
What exchange can I buy Loom coin?
Loom crypto can be purchased from 15 exchanges. The list includes: Indodax, HitBTC, Binance, XT.COM and Bitrue.
Is Loom coin a good investment?
The Loom has a common risks of price go down. Because of high volatility of all crypto industry you have to understand: learn the risks before you start trading, you can lose all of your invested funds and any cryptocurrency has a possibility price to crash to zero. Aside from that investing in crypto assets is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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