How to Purchase Loom Network (NEW) (LOOM) using Alchemy Pay (ACH)

To buy Loom Network (NEW) using Alchemy Pay, first, find a cryptocurrency exchange that supports the LOOM/ACH trading pair. Create an account, verify your identity, and deposit your ACH into your exchange wallet. Locate the LOOM/ACH pair on the trading platform and place an order to exchange your Alchemy Pay for Loom Network (NEW). If the LOOM/ACH pair is unavailable, you can first exchange Alchemy Pay 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.