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LOOM/INR trading on WazirX

By July 21, 2023July 25th, 20232 minute read

Namaste Tribe! 🙏

 You can buy, sell, and trade $LOOM in the INR market.

LOOM/INR trading is live on WazirX! Share this

What does it mean for you?

  • Deposits — You can deposit LOOM on WazirX.
  • Trading — You can buy, sell, and trade Loom Network in our INR market. When you buy $LOOM, it will appear in your “Funds.”

Withdrawals — You will be able to withdraw $LOOM in a few days after the listing

About Loom Network

Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.

The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.

In this system, you have the ability to interact with APIs developed by third parties which are not on the chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.

As such, they can easily integrate their applications with the outside world.

The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.

  • Trading price (at the time of writing): $0.04821 USD
  • Global Market Cap (at the time of writing): $58,304,052 USD
  • Global Trading Volume (at the time of writing): $20,898,031 USD
  • Circulating Supply: 1,209,425,698 LOOM
  • Total Supply: 1,300,000,000 LOOM

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Happy Trading! 🚀

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

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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