BHD to LOOM Exchange

Frequently Asked Questions

• How to Exchange Bitcoin HD to Loom Network (NEW)?

  To exchange Bitcoin HD to Loom Network (NEW) on Atomex DEX you just need to:
  - create or restore a wallet in Atomex App
  - fund it with some BHD amount you want to exchange
  - go to the DEX section and choose your BHD outputs in “Send from”
  - choose a prefered LOOM address in “Receive to” window
  - specify the amount to exchange, and press the Exchange button
  - confirm your operation and then just let your app complete the swap.

• What Cryptocurrency exchange should I use?

  It completely depends on your personal needs. Some people still rely on traditional exchanges. If you do so you have to choose the most reliable and user-friendly one. There you have to be confident that you won’t lose your funds or face any obstacles like KYC or limits or withdrawal stucks or etc. On the other hand if you are going to make an exchange on-chain you should be aware of different kinds of DEXs, routes, wrap tokens, slippages and a batch of other things. In most cases. If you want to exchange BHD to LOOM on-chain, it’s usually pretty hard to get the same simplicity as you get on centralized exchanges. Right here we can recommend you to try the Atomex DEX, which is definitely one of the most convenient and efficient way to do a BHD to LOOM exchange.

• Do I need to convert Bitcoin HD to Loom Network (NEW) today?

  BHD/LOOM price is relatively fluctuate, and can vary significantly from day to day. To choose the right moment for conversion you have to watch for the price periodically. And once it seems to be acceptable, you can easily convert some BHD to LOOM in your Atomex App.

• How to Convert Bitcoin HD to Loom Network (NEW) at the Best Rates?

  To get the best rate you should take into account a number of potential expenses: network fees, exchange fees, supposed market impact for your volume, price fluctuations, fees for withdrawal, etc. Converting BHD to LOOM at Atomex DEX allows you to forget about most of them, leaving only the price and network fees. That’s the reason why Atomex offers you quite competitive rates as a result.

• What is the minimum BHD to LOOM exchange amount?

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of BHD to exchange depends on the mining fees in Bitcoin HD and Loom Network (NEW) networks

• What are the fees to convert BHD to LOOM

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of BHD to exchange depends on the mining fees in Bitcoin HD and Loom Network (NEW) networks

• What are Bitcoin HD to Loom Network (NEW) Exchange Benefits with Atomex?

  With Atomex you exchange your BHD right from your wallet and get the LOOM right on it in a decentralized manner. You don’t need to go through KYC, deal with any wraps, go through a number of DApps or wait for withdrawals. In other words Atomex gives you the purest on-chain way to convert your BHD to LOOM.