How to Purchase United States Dollar (USD) Using Loom Network (NEW) (LOOM) in China

To buy United States Dollar using Loom Network (NEW), first, find a cryptocurrency exchange that supports the USD/LOOM trading pair, such as Uphold. Create an account, complete the KYC process to verify your identity, and deposit your LOOM into your exchange wallet. Locate the USD/LOOM pair on the trading platform and place an order to exchange your Loom Network (NEW) for United States Dollar. If the USD/LOOM pair is unavailable, you can first exchange Loom Network (NEW) for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.