Introduction
When purchasing Loom Network (NEW), there are several factors to think about, including picking an exchange to buy it from and the transaction method. Fortunately, we’ve put together a bunch of reputable exchanges to help you with the process.
Step-by-Step Guide
1. Choose an Exchange
Research and choose a cryptocurrency exchange that operates in Australia and supports Loom Network (NEW) trading. Consider factors like fees, security, and user reviews.
2. Create an Account
Sign up on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Loom Network (NEW) Market
Once your account is funded, search for Loom Network (NEW) (LOOM) in the exchange’s marketplace.
5. Choose a Transaction Amount
Type in the desired amount of Loom Network (NEW) you wish to buy.
6. Confirm Purchase
Have a look at the Transaction Details and Confirm Your Purchase by clicking the Buy LOOM or equivalent button.
7. Complete Transaction
Your Loom Network (NEW) purchase will be processed and deposited into your exchange wallet in no time.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When buying Loom Network (NEW), it’s important to select a reputable exchange that's easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
Loom Network (NEW) (LOOM) is currently priced at USD 0.08 with a 24-hour trading volume of USD 1.02M. The market cap of Loom Network (NEW) stands at USD 79.97M, with 1.24B LOOM in circulation. For those looking to buy or trade Loom Network (NEW), Uphold offers avenues to do so securely and efficiently
- Market cap
- USD 79.97M
- 24h volume
- USD 1.02M
- Circulating supply
- 1.24B LOOM