LOOM to BCH conversion chart
Loom Network to Bitcoin Cash correlation
According to the correlation analysis, LOOM and BCH have a strong relationship with each other and are correlated. Whenever there is a change in the price of LOOM then BCH also tends to follow the same pattern and move together.
LOOM Price Change and Market Cap
At the moment, the LOOM price is 0.000139 BCH and it changed by 0.14% in the last 24 hours. Loom Network has a total market capitalization of $2 today. 1.725 LOOM is in circulation. The 24-hour highest price of LOOM was 0.0001417 BCH and the lowest was 0.0001344 BCH.
Loom Network Price Prediction
Loom Network was first released on October 1, 2017, with the LOOM tokens going public in the following spring. The ATH from May 4, 2018 — $0.7745 — still stands unconquered. In 2019 and most of 2020, LOOM price would stay in the $0.01~0.02 area. The more recent crypto rally gave it a chance to beat the previous record, but the demand wasn't there: LOOM would not go over $0.255.
In the LOOM price predictions in a year from now, experts give a tame range of targets — from $0.06 to $0.08. A 2025 LOOM price prediction is way less accurate: various sources give targets ranging from $0.017 to $0.17. Only by 2030 Loom Network is expected to reach $1.
Loom Network Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store LOOM, monitor live Loom Network prices and also exchange it from ChangeHero without leaving the application.
LOOM to BCH exchange margin
The closing conversion rate for LOOM to BCH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 LOOM to BCH would result in an output of 0.000139 BCH.
How to convert Loom Network to Bitcoin Cash
Loom Network and Bitcoin Cash comparison
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security. LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Bitcoin Cash is a younger cryptocurrency which was formed due to the hard fork in Bitcoin. The purpose behind the invention of the Bitcoin was to enable peer-to-peer transactions, but as the cryptocurrency took off, the surge in transactions and the block size cap limited its use cases. To overcome this problem, the community debated increasing the block size and second-layer solutions. While a majority of them voted in favor of the second-layer solutions, the rest of the community decided to fork the chain and create a new chain with increased block size. The fork took place in 2017 and the new chain was given the name Bitcoin Cash and got the ticker BCH. Bitcoin Cash’s motto is to keep the founding principles of the Bitcoin and ensure that it is being put to use as a digital means of payment everywhere. Bitcoin Cash gained a reputation in the community in a short period and more merchants are accepting Bitcoin Cash.
What is Loom Network?
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security.
LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Loom Network to Bitcoin Cash price details
LOOM to BCH Conversion Rate and Price
At the moment, the conversion rate for 1 LOOM equals to 0.000139 BCH. The 24-hour highest price of Loom Network in relation to BCH was 0.0001417 BCH and the lowest was 0.0001344 BCH. In short, the LOOM price in relation to BCH changed by 0.14%.
Instantly Exchange LOOM to BCH
On ChangeHero you can instantly exchange Loom Network to Bitcoin Cash without signup. You can easily convert LOOM to BCH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your LOOM to BCH exchange.
LOOM to BCH Best Rate Exchange
For the Best Rate exchange of Loom Network to Bitcoin Cash, we search through various exchanges for the LOOM to BCH pair and find the best rate available in the market. We provide you with an estimation of the amount of BCH you will receive.
As soon as you accept the terms and the LOOM is deposited, the exchange will be automatically processed. We remind you that the final amount of BCH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LOOM to BCH.
LOOM to BCH Fixed Rate Conversion
For the Fixed Rate exchange of Loom Network to Bitcoin Cash, ChangeHero finds a good rate for the pair LOOM to BCH and fixes the rate for up to 15 minutes. In the Best Rate exchange of LOOM to BCH, you will receive the exact amount of BCH shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BCH address. ChangeHero is the best place to exchange LOOM to BCH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert LOOM to BCH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange LOOM to BCH?
No, you do not need an account to swap LOOM to BCH on ChangeHero. There will be no registrations for your Loom Network to Bitcoin Cash transaction.
Do I need to go through KYC procedures for LOOM to BCH exchange?
There will be no KYC for the LOOM to BCH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BCH to LOOM?
Yes, you can instantly exchange BCH to LOOM on ChangeHero.