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Buy/Sell Loom Network (LOOM) on WazirX

By July 12, 2019March 21st, 20222 minute read

Namaste Tribe! Loom Network is now listed on WazirX as a part of our Rapid Listing Initiative!

You can now buy, sell, trade LOOM in the USDT market on WazirX

What about LOOM Deposits & Withdrawals?

LOOM is a part of our Rapid Listing Initiative. Hence, we have started LOOM trading without enabling its deposits and withdrawals. What does it mean for you?

  • Deposits — You won’t be able to deposit LOOM from another wallet to WazirX. However, if you want to deposit a high volume of LOOM, we will provide you with a special deposit address, and it will allow you to sell your tokens on WazirX. You can contact us by filling up this form here.
  • Trading — You will be able to buy, sell, trade LOOM in our USDT market. When you buy LOOM, it will appear in your “Funds”
  • Withdrawals — You won’t be able to withdraw LOOM from your WazirX wallet. You can, however, sell it in the USDT market.

Read more about the Rapid Listing Initiative here.

Share this news with everyone by clicking here.

LOOM Trivia

Loom Network (LOOM) is a Platform as a Service intended to allow Ethereum-based Solidity applications to be run on side chains. With the belief that applications should be allowed to have more relaxed consensus mechanisms depending on their needs and potential threat model, Loom aims to make scaling decentralized applications faster and easier while remaining on the Ethereum network.

You can read their white paper here.

  • Trading price (past 24 hrs): $0.052545 (₹3.75 INR)
  • Global Market Cap (past 24 hrs): $42,212,667 USD
  • Global Trading Volume (past 24 hrs): $1,899,842 USD
  • All time high:$0.692771 (₹49.46 INR)
  • Circulating Supply: 794,443,780 LOOM
  • Total Supply: 1,000,000,000 LOOM

Happy Trading!

*Above content is migrated from medium to wazirx blog
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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