Where is the best place to stake Loom Network?
If you want to keep control of the keys of your Loom Network (LOOM) while earning passive income, your best option is to earn 4% reward on KuCoin.
Where is the best place to lend Loom Network?
Today, the best place to lend your Loom Network (LOOM) is on MyCointainer. And you can get an awesome rate of 17%.
How to store Loom Network safely?
When it comes to security, the safest way to keep your crypto is to buy a hardware staking wallet (usually a USB ledger) or use a software wallet (Either a browser extension or a mobile app). Crypto wallets hold your private keys (which are the passwords that gives access to your cryptocurrencies).
Caution: All wallets do not offer staking features, so be sure to do your research before choosing one.
There are a number of LOOM wallets that allows you to stake your Loom Network and earn rewards. Here are some:Binance Chain WalletsoftwareMetaMasksoftwareTrust WalletsoftwareFor a full list of available wallets, check out our dedicated wallets page.