How to buy Terra crypto coin
The Terra coin is widely disseminated among the crypto exchanges. The 35 trading platforms propose 22 pairs: IBC/08.../ULUNA, LUNA/USDC, LUNA/ETH and other. Detailed information read above.
Where to buy Terra
Step 1You need an account with a cryptocurrency exchange that supports Luna crypto. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Bitrue | 0.2 / 0.2 | HIGH | Yes | $56893 |
|
Deepcoin | ?? / ?? | MEDIUM | Yes | $10536 |
|
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 |
|
BingX | 0.075 / 0.045 | MEDIUM | Yes | $10974 |
|
OKX | 0.1 / 0.15 | HIGH | Yes | $40971 |
|
WhiteBIT | 0.1 / 0.1 | HIGH | Yes | $42302 |
|
Bitget | 0.1 / 0.1 | HIGH | Yes | $44942 |
|
BitMart | 0.25 / 0.25 | HIGH | Yes | $101098 |
|
KuCoin | 0.1 / 0.1 | HIGH | Yes | $33042 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
|
Kraken | 0.16 / 0.26 | HIGH | Yes | $8116 |
Purchase or transfer with P2P one of this coins: USK, PLN, USDC, AXLUSD..., LUNA or other.
Step 3Go to spot market on exchange and type the coin name in search line. Select from available trading pairs, then set order and push Buy LUNA button.
Congratulations!
By pressing buy, the Terra will be available on your account on the crypto exchange. Be aware that only moving your coins off trading platform into secure crypto wallet like Trezor or Ledger, you help better protect your investments. It's not only reduce your risk if your trading platform or account gets hacked, but if you move to a “cold,” or offline, wallet, your Terra crypto turn into safe assets. The only disadvantage generally have to pay a small withdrawal fee to transfer your crypto from the exchange.
What is Terra
Terra 2.0 which will assume the Terra name is a new blockchain launched by Terraform Labs as part of the passing of governance proposal 1623. The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining. Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees. The Terra 2.0 chain will not have a stablecoin and holders of the old Terra Classic chain will be airdropped new Luna native coins. In the plan, developers of the Terra ecosystem are to migrate and deploy their dapps on the new blockchain.
Video Review
How Does Terra Work?
Statistics and Externals
The Luna blockchain use Delegated Proof-of-Stake hash algorithm.
Price and supply
The current total supply is 1.1 billion, with a circulating supply of 357.6 millions LUNA as of Sep 2024. The maximum supply in the lifetime of the Terra is 1000000000.
The price of Luna token is $0.399028606534 as of 07:18 PM. The price change on 1.0129% over the past 24 hours. The recent price action left the token's market capitalization at 311.9 millions USD. Thus far last 30 days, the Luna cryptocurrency was raised on 1.06%.
FAQ
What cryptocurrency exchange can I buy Luna cryptocurrency?
Terra token can be purchased from thirty-five trading platforms. The list includes: Tokenize, MEXC Global, BIT, Bitrue and Crypto.com Exchange.
Is Luna crypto a good investment?
The Terra cryptocurrency is common risks asset that has potential to lose its value. Due to the high volatility of all crypto industry you bear in mind: unexpected changes in market can lead to sharp and sudden moves in price, any cryptocurrency has a possibility price to crash to zero and you can lose all of your invested funds. But on the other hand of that it's possible to get filthy rich by investing in crypto.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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