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How to buy Loom Network (LOOM)

Discover where and how to buy Loom Network online. With Kriptomat, buying LOOM and other cryptocurrencies is easy, quick, and secure.

Trusted by 400,000+ users across Europe

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LOOM
Buy Loom Network

Buying Loom Network with Kriptomat

Three simple steps to purchase Loom Network with Kriptomat:

Step 1

Create and verify your account

Sign up with Google, Apple or enter your name and email. Verify your email, phone number and identity. Congratulations, you have unlocked the full potential of the Kriptomat platform within minutes!

Step 2

Add funds

Make a bank deposit or use your credit card to add funds even faster. Now, you are ready to buy LOOM and 280+ other cryptocurrencies.

Step 3

Buy Loom Network

Click on the Kriptomat icon and select “Buy”. Choose Loom Network from the list of cryptocurrencies. Enter the amount, preview transaction and confirm your purchase. You now own Loom Network!

Your detailed guides to buying LOOM

Need more information about how to buy Loom Network?

Our mission is to make crypto accessible to everyone. That is why it is crucial to simplify buying Loom Network on Kriptomat. The most popular way to get started is with our mobile app:

  1. Make a bank transfer
  2. Buy LOOM with your euro balance

Prefer computers? Create your Kriptomat account with your browser and use it for all your crypto investments. We also offer several intelligent crypto investing products to help you reach your financial goals.

Have more questions? Find all our guides here.

Why should I buy Loom Network on Kriptomat?

Automated Portfolio Management

Live customer support

Our customer success team is ready to deliver fast, friendly assistance and explanations in your language.

Automated Portfolio Management

Top coin selection

We offer immediate purchase of popular coins and tokens, including Loom Network.

Automated Portfolio Management

Suitable for complete beginners

We focus on simplicity to ensure you quickly master our platform and become a confident crypto investor.

Automated Portfolio Management

Safe storage

Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored LOOM.

Payment methods

When purchasing Loom Network with EUR on Kriptomat, you have access to various completely secure options:

SEPA

Buy Loom Network with a bank deposit

Safely and conveniently transfer funds via bank deposit with Instant SEPA support. You can buy Loom Network with your EURO balance.

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Buy Loom Network with a debit or credit card

No time to wait for bank transfers? You can instantly buy Loom Network with your credit card.

skrill_neteller

Buy Loom Network with Skrill or Neteller

Are cards and banks not your style? Skrill and Neteller offer another alternative payment method for buying LOOM.

How and Where to Store Loom Network

Once you buy Loom Network on Kriptomat, we seamlessly transfer it to your dedicated and secure Loom Network wallet within our platform. Each user receives an individual wallet.

To protect our customers and their funds, we offer secure offline storage and conduct regular security audits. This approach makes our platform a haven for storing Loom Network and other cryptocurrencies.

What can I do after I buy Loom Network?

hold Hold

Keep your LOOM investment safe and track its growth with Kriptomat.

Swap Swap

Exchange your Loom Network for other cryptocurrencies on Kriptomat to effortlessly diversify your portfolio.

Sell Sell

Sell your Loom Network for euros and seamlessly withdraw the money back to your linked bank account or card.

Send Send

Send your LOOM to any Loom Network wallet address anytime. The blockchain never sleeps.

Receive Receive

Receive LOOM transfers to your Kriptomat LOOM wallet to store it securely on our platform.

Smart strategies for buying Loom Network with Kriptomat

Buy Loom Network through Intelligent Portfolios

Explore the option to buy Loom Network through Kriptomat’s Intelligent Portfolios. These portfolios are designed to optimise returns by leveraging advanced algorithms and diversifying investments across various cryptocurrencies, including Loom Network. By choosing a portfolio that includes Loom Network, you can invest in this cryptocurrency alongside other assets, benefiting from automated rebalancing and smart management.

Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies
Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies Buy Popular and Niche Cryptocurrencies

Use Dollar-Cost Averaging (DCA) for your Loom Network investment

Utilise Kriptomat's Recurring Buy (DCA) feature to automate your Loom Network purchases over time. DCA allows you to spread your investments across regular intervals, making it easier to enter the crypto market with reduced risk from price volatility. With DCA, you accumulate Loom Network gradually with a specific amount rather than making a single large investment at once.

Frequently Asked Questions

Which factors influence the price of Loom Network?

Political events, the world economy, celebrity endorsements, and market news are among many factors that influence crypto prices. Professional investors and savvy individuals track these real-world events to predict Loom Network price changes.

Why is identity verification necessary to purchase Loom Network?

Kriptomat is a licensed crypto asset service provider and as such is subjected to rigorous legislation for the prevention of money laundering and terrorist financing, and is subjected to the same AML regulation as applicable for banks and other financial institutions. We are committed to operating according to the laws and regulations and follow best industry practices. Identity verification is essential for protecting you and your crypto funds, and is of essential importance we provide you with a safe environment. Every Kriptomat user must pass the identity verification process before conducting transactions.

How much Loom Network should I buy?

Everyone must make this decision for themselves, based on their own personal finances and investment strategy. We encourage you to carefully read the Risks of trading virtual assets, as there are many risks you should be aware of and that we cannot protect you from, such as volatility, geopolitical events, and similar factors.

Is there an order maximum?

You can find customer account limits in the Limits section of your account. For a detailed breakdown, visit our fees and limits page.

Is there an order minimum?

Yes, the minimum purchase amount of Loom Network is 50 EUR. That is the minimum amount to buy Loom Network and other cryptocurrencies at Kriptomat.

When can I sell my Loom Network?

Kriptomat has made it easy to sell your Loom Network for euros whenever you choose – 24 hours a day, 365 days a year.
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