How to Purchase Loom Network (NEW) (LOOM) using Acet (ACT)

To buy Loom Network (NEW) using Acet, first, find a cryptocurrency exchange that supports the LOOM/ACT trading pair. Create an account, verify your identity, and deposit your ACT into your exchange wallet. Locate the LOOM/ACT pair on the trading platform and place an order to exchange your Acet for Loom Network (NEW). If the LOOM/ACT pair is unavailable, you can first exchange Acet for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Loom Network (NEW). Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.