Ultimate guide on how to transfer
Loom Network (LOOM) from Bithumb to GDAX (CoinBase Pro)

Step by step guide on how to withdraw Loom Network (LOOM) from your Bithumb account

Bithumb only allows Fiat money (KRW) withdrawals to Korean residents. Other users have the option to withdraw cryptocurrency like Loom Network (LOOM) and here the easy steps to follow:

Go to https://www.bithumb.com  and click on “Sign In.”

Enter the email and password you registered.

Enter the security password you used when you signed up then click “Confirm.”

After logging in, click on the “Wallet” button located at the top bar and select “Withdrawal.”

On the Withdrawal section, select the Loom Network (LOOM) or currency you want to withdraw.

Next, enter the amount you wish to withdraw, together with the bank name, bank account, account number, account holder’s name. Always double check your information before submitting withdrawal transactions as it can no longer be reverted and could cause you to lose funds.

Also, type in the cell phone verification code for authentication purposes, and then click “Withdrawal Request.”

Check the transaction history at the bottom of the page where it says “History” or by clicking on the “Pending Order” and “Completed Orders.”

Fantastic! You have just withdrawn Loom Network (LOOM) from your Bithumb account. 

Step by step overview on how to deposit Loom Network (LOOM) on GDAX

GDAX or Coinbase Pro offers straightforward steps in depositing Loom Network (LOOM) or Fiat money. To gain access to all available features on GDAX, you need to completely verify your account.

We prepared this guide to help you with your first Loom Network (LOOM) deposit on GDAX.

  1. Deposit Loom Network (LOOM) on GDAX
  2. Deposit Fiat money on GDAX

Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.

Once you’re logged in, type in your registered email address and password. 

After logging in, proceed at the  upper-left side corner of the page and select your currency, then click on “Deposit.”

1. Deposit Loom Network (LOOM) on your GDAX account

To deposit Loom Network (LOOM) on your GDAX account, select your Loom Network (LOOM) from the drop-down menu under “Select currency.”

Once you’ve selected your Loom Network (LOOM), copy the deposit address or scan the QR code to generate a new one. Note that you can only send Loom Network (LOOM) to this address.

Another option available is for you to deposit Loom Network (LOOM) through Coinbase wallet. Click on “Coinbase Loom Network (LOOM) Wallet” and fill out the form with the deposit address and amount. Make sure that you are supplying the correct address to avoid losing funds. Click on “Deposit Loom Network (LOOM)” to continue.

Perfect! You have deposited Loom Network (LOOM) on your GDAX account. 

 

2. Deposit Fiat money on your GDAX account

Fiat money deposit is also available on GDAX. Select your currency from the drop-down menu under “Select currency.”

For Fiat money, you have three options to select from. You can deposit through Wire Transfer, Coinbase USD Wallet, or Bank Account. After selecting your method of depositing, fill out the form with the information required by the system. Make sure your information is accurate when filling out the form to avoid delays or losing funds. Click on “Deposit” to proceed.

Awesome! You have deposited Fiat money to continue.

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