How to buy Terra (LUNA)| Buy Terra (LUNA) in four easy steps

As a public blockchain project, Terra (LUNA) can be considered a smart-contract platform since it can execute smart contracts. The LUNA token is Terra's native token, which was developed by Korean startup Terraform Labs. In addition to serving as a stake and as a way to govern networks, TerraSDRs play a crucial role in the issuance of stablecoins. In order to stabilize other stablecoins in Terra's inventory, Terra Luna's fixed price equals $1. This guide will give you a descriptive overview of how to buy Terra (Luna) in four easy steps.

How to buy Terra (LUNA) in four easy steps?

Step 1: Choose a Cryptocurrency Exchange

Step 2: Create an Account

Step 3: Fund Your Account

Step 4: Buy TERRA (LUNA) Coin

Step 1: Choose a Cryptocurrency Exchange

The 1st thing is to choose a reputable cryptocurrency exchange which supports Terra (LUNA). There are many crypto exchanges in the market, like BinanceWazirX, or Voyager, which support Terra (LUNA). It is suggested that you go for a crypto exchange which is reliable, safe, and has an easy-to-use interface. 

Step 2: Create an Account

When you’ve decided on a digital currency marketplace, the following procedure involves creating an account. Personally identifiable information such as your username, email account, and password will be required. Upon the creation of your profile, you may be required to authenticate your identity in order to comply with anti-money trafficking rules.

Step 3: Fund Your Account

To purchase Terra (LUNA) cryptocurrency, you must first load your wallet with either fiat cash (EUR, USD or INR, based on your choice and availability). Most exchanges have TERRA (LUNA) listed, so all you need to do is fund your account with the amount you wish to invest in TERRA (LUNA).

Step 4: Buy TERRA (LUNA) Coin

Terra (LUNA) can now be purchased after funding your account. Placing a buy order for TERRA (LUNA) on the crypto exchange and TERRA (LUNA) trading pair will enable you to specify the amount and price at which you wish to acquire the asset. In the event that your order is executed, your exchange wallet will be credited with the TERRA (LUNA) coins.

Popular video guides on buying Terra (LUNA) Coin

Where to buy Terra (LUNA) Coin?

WarizX crypto exchange

To trade in TERRA (LUNA), you might consider Wazir X. It is one of the leading crypto exchanges in INDIA, and it supports fiat currency, that is, USDT. Also, if you are trading from INDIA, the best part is you can deposit money from various modes of payment without any hassle. The user-friendly interface makes it easy to understand and use for trading.

Header 1Header 1
Operational Since8th March 2018
Weekly Average Transaction Volume$1.19B (As of 10/03/2023)
Deposit MethodsIMPS, Neft, RTGS, UPI
Deposit FeesVariable
Cryptos Listed387
Trading Fees0.2% trading fee for all users
Fiat Currencies SupportedUSDT
TrustworthinessSafe
binance crypto exchange

As of now, one of the largest cryptocurrency exchanges is Binance, and it helps traders to choose from a huge number of cryptocurrencies listed there. To buy Terra (LUNA) Coin, this is one platform which would be suggested for beginners. Also, it has a user-friendly database that is easier to understand. For new people, there is a demo account where they can trade with dummy money and check how they are performing.

Factsheet
Header 1Header 1
Operational Since2017
Weekly Average Transaction Volume$6 billion
Deposit MethodsBank transfer, credit/debit card, crypto deposit
Deposit FeesDepends on the deposit done
Cryptos ListedVariable
Trading Fees0.1% trading fee for general users
Fiat Currencies SupportedThere are 40 plus flat currencies supported in the application, like USD, EUR, or INR.
TrustworthinessSafe
3. Voyager
Voyager logo

You might consider another crypto exchange that is Voyager. It was recently acquired by FTX, and it has Cryptos like TERRA (LUNA), BTC, ETH and many more. To trade in TERRA LUNA, you might consider this platform as it is widespread and trusted by many people. It is a new platform and provides a user-friendly and easy-to-use interface as well.

Header 1Header 1
Operational Since2017
Weekly Average Transaction Volume$1.19B (As of 10/03/2023)
Deposit MethodsBank transfer, credit/debit card, crypto deposit
Deposit FeesNil
Cryptos ListedOver 30
Trading Fees0.2%
Fiat Currencies SupportedThere are 40 plus flat currencies supported in the application, like USD, EUR, or INR.
TrustworthinessSafe

Already Holding Terra?

ABC

Calculate your Profits

Calculate your tax liability

Frequently Asked Questions

Where can you buy TERRA (LUNA) Coin with a credit or debit card?

Binance, Wazir X and Voyager are the few portals through which you can mainly buy TERRA (LUNA) Coin through a credit or debit card directly. You do not need to swap with any kind of cryptocurrency. There are also other platforms like CoinBase, crypto.com, etc, which you can consider as well.

What will you need to buy TERRA (LUNA) Coin?

You don’t need much to purchase TERRA (LUNA) coins. All you need is a reputable cryptocurrency exchange, which you should fund with the amount you want to exchange in TERRA (LUNA). You’ll need valid identification documents, address proof, and PAN evidence to verify your account. It is also advised to use reliable cryptocurrency exchanges (as listed above) when trading TERRA (LUNA).

What is the easiest way to buy TERRA (LUNA) Coin?

You should use a crypto exchange that allows buying TERRA (LUNA) coin to trade it. This is the quickest method you may buy it. All you need to do is sign up for an account, complete your KYC, and deposit all of your cash. After that, you can simply go to the market and begin purchasing Terra (LUNA) and trading it. 

Best wallets to store your TERRA (LUNA)

To store TERRA (LUNA) Coin, the best wallets to utilize are hardware wallets like the Ledger Nano S and Trezor. These wallets provide a high level of security and an additional layer of protection by keeping the private keys offline, keeping them secure from hackers. Coinbase Wallet is another reliable software wallet that you may use to store Terra (LUNA).

More Cryptos Similar to Terra

Related articles to Terra

CONTENTS

More crypto buying guides

Stay up to date with latest crypto news and events. Subscribe to our newsletter