Price for today
0.041 USD 0.38%
0.00000207 BTC -3.27%
Name Loom Network
Symbol LOOM
Circulating supply 1 300 000 000 $
Max supply 0 $
Cmc rank 343
Volume 24h 3 348 184 $
Percent change 1h -0,63 %
Percent change 24h 0,38 %
Percent Change 7d -5,5 %
The Loom Network allows Ethereum-based applications to be run on multiple side chains while remaining on the Ethereum network. The LOOM token is an ERC-20 staking token that enables participants to contribute towards securing the system. It can be further used as a means of payment within the network’s ecosystem. For example, in order to run their DApps on the network, the developers must make payments in LOOM.
Loom Network is quite trendy crypto, which is now presented on multiple main crypto exchanges, as well as Godex.
LOOM was developed for rapid, cheap and secure payments applying the benefits of blockchain technology.
Today Loom Network price is 0.04087484 with a day-to-day trading volume of 3348184. The circulating coin supply is 1300000000 LOOM and it has a maximum supply of 0 LOOM coins.
You can gain the LOOM by mining, participating in an affiliate program or by staking. You can also purchase it for other digital money you have got.
Nowadays, as a result of the growing interest in LOOM, there are quite a few services where you can fast and safely exchange it for other cryptocurrencies.
To exchange LOOM, choose an exchange platform that offers the desired currency pair.
Currently, more than 300 various coins and tokens are available on Godex.io, which can be exchanged for LOOM without limits on the amount.
Follow simple instruction to exchange Loom Network:
This same guide can be used for deals involving different crypto currencies.
The entire trade process normally takes no more than a few minutes.
You can purchase LOOM with other digital currencies available on crypto exchanges. On many crypto exchanges, you need to go through the registration process and deposit the required amount of cryptocurrency obtain LOOM.
Certainly, you will need to insure that you have a Loom Network wallet beforehand to securely store your assets.
Profitability from trading Loom Network to another crypto asset depends on the coin value at the moment of the exchange. If it is high, it may be time to sell or exchange the coin. It is believed to monitor the coin price chart to compare LOOM to usd. LOOM analysis of crypto experts and forecast will also help to assess the possibilities for a deal.
Loom Network itself is secure. Investing in it has similar hazards as investing in any other cryptocurrency. Despite that, you can reduce the risks by trading on trustworthy crypto exchanges and using a trusty wallet to store Loom Network.
