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GuideHow to buy

How to Buy LOOM

Buying LOOM takes five steps: choose an exchange, open an account, deposit funds, buy, and store it safely. Before you start, see the current LOOM price and What is LOOM?.

COINOTAG Research

binance.com

Steps to buy LOOM

5 steps
  1. Choose an exchange

    Compare exchanges on volume, fees, security and access from your country, and check that the LOOM pair is listed.

  2. Open an account and verify your identity

    Sign up with your email and phone. Centralized exchanges require identity verification (KYC) before trading. Turn on two-factor authentication (2FA).

  3. Deposit funds

    Fund your account by bank transfer or by sending a stablecoin such as USDT from another wallet.

  4. Buy LOOM

    Open the pair of LOOM and your payment currency (for example USDT). Use a market order to buy at once or a limit order to buy at your price; enter the amount and confirm.

  5. Store it safely

    If you plan to hold LOOM, withdraw it to a wallet you control. A hardware wallet is the safest option; never store or share your recovery phrase online.

Which exchanges list LOOM?

No exchange is listed for LOOM on this page; check that an exchange lists the LOOM pair before buying.

Buying LOOM: FAQ

Where can I buy LOOM?

No spot market for LOOM is listed on this page; check that an exchange lists the LOOM pair before buying.

What is the minimum amount to buy LOOM?

Exchanges let you buy a fraction of a coin; the floor is the exchange's minimum order size, shown on the order screen.

How do I store LOOM safely?

For long-term holding a hardware wallet is the safest option. If you keep it on an exchange, turn on 2FA and use a strong password; keep your recovery phrase offline.

This page is for information only and is not investment advice. Crypto assets carry high risk.