Binance.US lists LOOM.
- Trade Loom Network (LOOM) on the LOOM/USD and LOOM/USDT pairs.
- Buy Loom Network (LOOM) with Bank Transfer (ACH), Debit Card, or Wire Transfer.
- Deposits and withdrawals are now open for LOOM.
Note: This article was last updated on February 2, 2023. Deposits for LOOM first opened on February 1, 2023 at 4 a.m. PST / 7 a.m. EST. Trading opened 24 hours later, along with the "Buy Crypto" functionality.
What is Loom Network (LOOM)?
Loom Network is a platform that allows developers to build high-performance dApps with a seamless user experience. Interoperable across Bitcoin, Ethereum, and others, developers can build a dApp once and deploy it to multiple platforms simultaneously.
The Loom Network allows developers to create highly-scalable games and user-facing dApps that are able to interact with other major blockchains.
The LOOM token secures Loom Network's mainnet, called Basechain. Holders can earn rewards and use the token to pay for hosting their dApps on Loom Network as an alternative to traditional transaction fees.
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