How to Purchase Loom Network (NEW) (LOOM) using Mezo Wrapped BTC (BTC)

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