How to Buy Terra Crypto (LUNA)

How to buy Terra Crypto

What is Terra (LUNA)?

According to Coingecko, Terra is : 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.

Where can I buy LUNA Crypto?

The best website to buy Terra is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Terra on Simpleswap

To buy Terra on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select LUNA, just like in this example:

Buy Terra on Simpleswap

Once you selected the currency you want to pay in, and LUNA, you need to paste your respective wallet address where you want to receive your LUNA.

With Simpleswap, you'll receive your Terra directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Buy Polygon on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Check out Terra links:

Please make sure you read our Disclaimer. We are not financial advisors.

logo

© Copyright 2024 | The Crypto Gem | All Rights Reserved |