Loom Network (Loom)

What is Loom Network (LOOM)? 

Loom Network (LOOM) is an Ethereum token that powers a network of delegated proof of stake sidechains (a system that Loom dubs “EOS on Ethereum”). This allows for highly-scalable games and user-facing dApps backed by the security of Ethereum.

What products support LOOM?

    Send/Receive    Full Trading 
  Coinbase            ✖️          ✖️
  Pro           ✔          ✔

What regions support LOOM?

    US  NY   EU   UK   CA/SG 
  Coinbase     ✖️  ✖️   ✖️   ✖️     ✖️
  Pro     ✔  ✖️   ✔   ✔      ✔

Crypto to fiat trading pairs

USD   ✖️  ✖️ ✖️
GBP   ✖️  ✖️
EUR   ✖️ ✖️ ✖️

Crypto to crypto trading pairs

LOOM      ✖️   ✔   ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

How many confirmations are needed for LOOM?

LOOM requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts LOOM?

LOOM is hosted on the Ethereum blockchain.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

There is a withdrawal minimum of 0.01 Loom Network (LOOM) and a maximum of 10,000,000 to send from Coinbase to an external address.

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