Loom Network (Loom) is a platform intended to allow Ethereum-based applications to scale faster and easier. Loom enables major blockchain games and decentralized application to run flexibly on a blockchain while having the security of the Ethereum Network. The loom token is being used for staking and rewards to enable the blockchain to have sidechains and fast transactions for big applications. You can safely and reliably buy, sell, send and store LOOM at LiteBit.
If you do not have a LiteBit account yet, you can easily create one, for free. You can sign up directly on our website or download our app. After that, you can instantly verify your identity with a valid passport or ID card. Having trouble? Our Customer Support is available to help you, 24/7. With the LiteBit app, you can trade anytime, anywhere with instant access to your portfolio.
We believe buying crypto like Loom Network, should be made simple. To buy Loom Network, you log in to your account in your browser or in your app. You can track the current rate of Loom Network in your app, too. When you are satisfied with the rate of the cryptocurrency, you click on the crypto you want and hit the “Buy” button. And selling is just as easy! LiteBit offers multiple payment methods, like creditcard and SEPA payment.
At LiteBit, you get a personal and free wallet. A wallet is somewhat like a bank account. You can store your cryptos safely in your own wallet. After you have purchased Loom Network, your crypto will show up in your wallet. Your wallet gets a unique wallet address, and you can both buy and sell your cryptocurrency from your wallet.