How to buy Loom Network (OLD) crypto coin
The Loom Network (OLD) coin is bit more complicated to purchase, owing to the shortage of crypto trading platforms that list it. Only 7 exchanges with 5 pairs: LOOM/ETH, 0XA4E8.../0XC02A..., LOOM/INR and other. Detailed information see above.
Where to buy Loom Network (OLD)
Step 1You need an account with a cryptocurrency exchange that supports Loomold cryptocurrency. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Coinbase Exchange | 0.5 / 0.5 | HIGH | Yes | $34667 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
|
KuCoin | 0.1 / 0.1 | HIGH | Yes | $33042 |
|
Coinfield | ?? / ?? | MEDIUM | Yes | $469 |
|
WazirX | ?? / ?? | MEDIUM | Yes | $196 |
|
Omgfin | ?? / ?? | MEDIUM | Yes | $981 |
|
Poloniex | 0.125 / 0.125 | MEDIUM | Yes | $1349 |
|
BitMart | 0.25 / 0.25 | HIGH | Yes | $101098 |
|
Hotbit | -0.05 / 0.2 | HIGH | Yes | $12188 |
|
Upbit Indonesia | ?? / ?? | LOW | Yes | $844 |
|
Uniswap (v2) | 0.3 / 0.3 | MEDIUM | No | $1737 |
Transfer or purchase with peer-to-peer trading one of this coins: BTC, USDT, 0XC02A..., INR or ETH.
Step 3Switch to spot trading on your crypto exchange and type the token name in search line. Choose between available trading pairs, then set order and push Buy LOOMOLD button.
Congratulations!
After pressing "buy" button, the Loomold coin will be transferred to your account on the trading platform. Please be advised that only moving your coins off trading platform into cold hardware wallet, you help better protect your finances. Not only does this shorten your risk if your cryptocurrency exchange or account gets cracked, but if you pick cold hardware wallet, your Loom Network (OLD) token becomes almost unbreakable. Only flaw is usually have to pay a small fee to transfer your coins off of the exchange.
What is Loom Network (OLD)
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? Loom Network for Absolute Beginners
Statistics and Externals
Term of hash algorithm doesn't apply in case of Loomold crypto.
Price and supply
The current total supply is 1000 millions, with a circulating supply of 833914552 LOOMOLD as of Apr 2024. The total number of coins that can ever be minted infinite.
The Loom Network (OLD) crypto price is $0.084472 as of 08:54 AM. The price went down on -19.43896% over the past 24 hours. The recent price action left the token's market capitalization at 70.7 millions USD. In past 30 days, the Loom Network (OLD) cryptocurrency has a change of -36.3%.
FAQ
What cryptocurrency exchange can I buy Loom Network (OLD) token?
Loom Network (OLD) cryptocurrency can be bought from 7 trading platforms. The list includes: BitBNS, MEXC, BitMart, Omgfin and Uniswap V2 (Ethereum).
Is Loom Network (OLD) cryptocurrency a good investment?
The Loomold crypto is very risky asset that has strong possibility to become abandoned. Due to the high volatility of all Blockchain based assets you bear in mind: any cryptocurrency has a possibility price to crash to zero, you can lose all of your invested funds and learn the risks before you start trading. The other side of that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.