How to buy Loom Network? LOOM

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Still wondering how to buy Loom Network? Not sure where to buy Loom Network with the best rate? In this complete guide, you’ll learn how to buy Loom Network with fiat currency and smart ways to earn more LOOM using trading bot.

  • Create a free Pionex account on website or App

    1. Register a Pionex account on website or download the App. 2. Pass the KYC verification. 3. Choose your prefer way to buy LOOM ⬇️

  • 4 Different ways to buy LOOM on Pionex

    Pionex offers the fatest and cheapest rate to buy Loom Network, including credit card, debit card, bank wire, and ACH transfer. Some of these method are specifically for US citizens. You can choose the best way to buy Loom Network on Pionex in your country.

    • A. Buy LOOM with credit card or debit card

      You can buy Loom Network by credit card or Apple pay instantly. If you’re a US citizen, you can use debit card to buy Loom Network on Pionex instead. 1. After signing up a Pionex account, go to the “Buy Crypto with Credit Card” page. 2. Pionex now partnered with the top 3 licensed financial institution that provides a wide range of payment methods. Choose the best rate out of those options. 3. Enter the amount of Loom Network you want to buy. 4. Input your credit card info and finish the order. 5. You’ll receive your Loom Network instantly after the transaction verified.

      Use debit card to buy LOOM (instant. For US citizen)
    • B. Buy LOOM with Bank wire and ACH (US citizen only)

      If you’re in the US, you can either use bank wire or ACH transfer to buy Loom Network. With ACH, you can buy Loom Network without any transaction fees. Here’s how you can buy Loom Network with ACH: 1. After signing up a Pionex account, go to “USD Deposit” page. 2. Submit your bank account info under the ACH tranfer section. 3. Use your US bank and tranfer your money to the account that shows on the ACH transfer page on Pionex. 4. You’ll receive USD instantly and buy Loom Network with your USD on Pionex.

      Bank wire from the US bank
  • How to sell LOOM on Pionex?

    Pionex offers up to 500 different trading pairs for you to manage your coins. You can sell your LOOM coin to other coins or to US dollars on Pionex.

    • A. Sell LOOM to other coins

      Pionex allows you to sell LOOM to other coins with swap or manual trade feature. The benefit to sell LOOM on Pionex is the extremely fee, which as low as 0.05%. (industrial average is 0.26%)

    • B. Sell LOOM to US dollars (US citizen)

      You can sell LOOM on Pionex to US dollar and send the money back to your US bank.

More info about LOOM

Loom Network (also referred to as Loom) launched its mainnet, Basechain, in September 2018. Basechain is a Delegated Proof-of-Stake (DPoS) network that acts as an interconnected multi-chain platform supporting the Ethereum, Binance Chain, and TRON networks. The LOOM token is an ERC-20 token on the Ethereum network, it is a staking token that is used to secure the Basechain network, and is further used as the currency that dApp developers use to host their dapps on BaseChain.

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How to buy other coins

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More questions on buying Loom Network?

How to buy Loom Network with USDT?

To buy LOOM using USDT, sign up for an account on a trustworthy exchange such as Binance, Pionex, or Coinbase. You can then deposit USDT into your account and exchange it for LOOM. Furthermore, secure your investment by enabling two-factor authentication and verifying your account with valid identification documents. Last but not least, make sure to only invest an amount that you are comfortable potentially losing before buying LOOM with USDT.

How to buy Loom Network without fees?

To buy LOOM, you must be prepared to pay transaction fees as there is no method to receive it for free. Exchanges like Binance or Pionex offer the option to buy LOOM using their platform.

Where to buy Loom Network?

Buying LOOM can be done through various reputable cryptocurrency exchanges such as Binance, Coinbase, Pionex, KuCoin, and OKX. These platforms allow you to buy LOOM using cryptocurrencies or fiat currencies.

How do I buy Loom Network?

Pionex is a user-friendly platform for both novice and experienced cryptocurrency traders to buy LOOM. The exchange offers trading pairs for efficient trading and also has advanced trading bots such as Grid Trading Bot and Martingale Bot for those interested in maximizing their returns from investing in LOOM. To start trading, sign up for a Pionex account and fund it.

What is the best time to buy Loom Network?

While it's difficult to predict the exact timing for the best price of LOOM, dollar-cost averaging (DCA) is a widely used strategy for investing in cryptocurrencies. By consistently investing a set amount at regular intervals, you can avoid the risks of timing the market and potentially lower the average cost of your holdings.

What is the best way to buy Loom Network?

To buy LOOM, you can consider using a reputable cryptocurrency exchange such as Binance or Pionex. Both of these platforms offer a user-friendly interface and competitive fees in the crypto industry, with a commitment to continuously enhancing their services and offerings to meet the needs of their users. Simply create an account and begin your first trade.

Should I buy Loom Network and hold it?

The price of LOOM has experienced a noticeable surge due to the formation of a bullish pattern. This positive trend has been noted by industry experts and crypto analysis websites, who believe in the potential and promising development of the LOOM project.

How quickly will I receive Loom Network after purchase?

LOOM transactions typically take around 5 minutes to process, although they can be completed in as little as a few seconds. The time it takes depends on the size of your purchase, blockchain congestion, and network stability.

How high could Loom Network Go?

The current price of LOOM is 0.0461 USD. Therefore, the future of LOOM, like any cryptocurrency, is uncertain and unpredictable. The value of LOOM can change rapidly, making it difficult to predict its future performance.

Is Loom Network a good investment?

The suitability of LOOM as an investment varies based on the investor's objectives, risk appetite, market analysis, and other individual factors. As with any cryptocurrency, LOOM has experienced fluctuations in its market performance. Hence, it is advisable to conduct in-depth research, consult with a financial professional, and evaluate personal circumstances before investing.