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Buy Terra (LUNA) with Credit or Debit Card with Lowest Fees
The surging use of Terra’s stablecoins and its growing ecosystem of DeFi apps has seen the blockchain network expand its sphere of influence. Many crypto investors have seen the need of buying Terra (LUNA) native utility (LUNA token). You don’t have to search far and wide to find the coin. Buy a LUNA coin right here on Changelly. Our process is fast and quick. Complete your transaction in 10 minutes tops. Get coins in your preferred crypto wallet with no restrictions. We’ve been operating since 2015.
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updated at 00:20How to buy Terra in 5 Easy steps
Set the pair
Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
Enter your crypto wallet address
Fill in the required wallet address details in the entry field.
Verify your identity
Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information.
Confirm your payment
Follow the instructions on the screen and confirm your payment. Your purchased cryptocurrency will arrive in your crypto wallet soon.
Changelly always works hard to provide our users with the best possible purchasing experience. Buying LUNA on our platform is intuitive and fast. We are proud to say that over 2 million users trust us with their funds, and we hope that your time with us will be great, too.
Payment methods to buy Terra
Bank transfer
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy LUNA with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy LUNA and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
UKFP
Faster Payments is a speedy payment method that allows residents of the United Kingdom to send payments in their local currency without incurring any additional exchange charges.
Buy Terra Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Countries and regions where you can buy LUNA
Why buy Terra on Changelly?
Secure
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
24/7 support
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Fast
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
FAQ
Can I buy LUNA without KYC on Changelly?
Changelly partners with several cryptocurrency purchase providers, including Simplex and MoonPay. These partners allow buying cryptocurrency without KYC verification if the purchase amount is below a certain point.
Yet, they might still ask you to verify your identity.
Changelly also partners with Banxa for crypto purchases. If you choose to buy crypto with Banxa, you will be asked to pass the KYC verification regardless of the crypto purchase amount.
Yet, they might still ask you to verify your identity.
Changelly also partners with Banxa for crypto purchases. If you choose to buy crypto with Banxa, you will be asked to pass the KYC verification regardless of the crypto purchase amount.
Can I buy LUNA with PayPal on Changelly?
At present, we do not accept PayPal as a payment method. However, you can buy crypto with other payment methods, such as а credit card, bank transfer, Apple Pay, or Google Pay.
What are the fees to buy LUNA?
Every purchase provider has different fixed fees, so the fee structure depends on the exact provider running your transaction. Nonetheless, it's generally between 5% and 11%.
Where can I store LUNA?
Just as we store cash or cards in a physical wallet, cryptocurrency is also stored in a crypto wallet. There are two types of crypto wallets: hot and cold ones.
- A hot wallet can also be called a software wallet. It’s a form of digital storage that you can access on your computer or phone, and it is connected to the Internet.
- A cold wallet, known as a hardware wallet or cold storage, is a physical device that keeps your cryptocurrency completely offline. Many of them look like USB drives.
To get a crypto wallet, decide what crypto you want to get first. Then, look for a secure wallet that is compatible with that cryptocurrency.
Got any questions about the LUNA purchase on Changelly?
We tried to gather all the necessary information about the LUNA purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Terra safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
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What is Terra (LUNA) Coin?
Terra is a decentralized financial blockchain ecosystem with the goal of innovating money. Fundamentally, it employs its stablecoin protocol, smart contracts, and LUNA coin to facilitate a smarter digital economy.
At its heart, Terra hopes that its stablecoins may become a reliable medium of exchange. Getting there requires mass adoption, which entails overcoming the extreme volatility that continues to hamper many cryptocurrencies.
The Terra Protocol introduces principles of elastic-money supply and pegging to major fiat currencies to create price-stable coins. This follows basic principles of supply and demand, where the system increases supply to reduce currency prices and reduces supply to control the price stability.
While TerraUSD (UST) is one of its most popular coins, Terra has rolled out more Terra cryptocurrencies that may be exchanged for each other based on their market rates, including TerraJPY, TerraEUR, and TerraCNY.
What role does the Terra token LUNA play in this ecosystem?
The Terra (LUNA) token provides algorithmic collateral to the system. All Terra currencies eventually draw their peg from the token. For instance, before purchasing the TerraSDR, the system has to mint and sell LUNA, worth 1 SDR.
Controlling the supply of LUNA gives the system the ability to control the prices for multiple Terra stablecoins, rather than having the coins pegged only to one fiat currency. However, arbitrage points may exist within the ecosystem based on the distributions of LUNA to Terra stable coins. That may allow traders to make risk-free profits.
LUNA also powers the Terra protocol as it relies on Proof-of-stake. Validators, therefore, must stake LUNA to generate Terra blocks. Holding the LUNA (Terra) crypto gives users a say in the governance. They can stake LUNA to earn more coins after verifying and adding new blocks.
Who created the LUNA coin?
The Terra (LUNA) coin came into existence after the inception of the Terra blockchain platform, which is a creation of Daniel Shin and Do Knon, who co-founded TerraLabs. The two founders set out to create a truly usable cryptocurrency with mass adoption by merchants and users.
In a relatively short time, the Terra ecosystem has gained a lot of traction. In December 2021, it became the second-largest DeFi protocol, following Ethereum based on staked digital assets. The progress has not been immune to roadblocks. In 2021, the U.S. Securities and Exchange Commission probed Terraform Labs PTE, Ltd over allegations of selling unauthorized securities. It’s worth noting that they didn’t sanction the protocol or network by itself.
What is special about Terra (LUNA) technology?
Terra (LUNA) draws its unique significance as a stablecoins network and a blockchain. It allows for the creation of decentralized finance apps (dApps) that leverage the platform’s smart contract capabilities.
Leveraging the platform’s stablecoins can enable the apps to have price-stable token economies. LUNA’s ecosystem can host apps from various categories, including staking, investing, lending, savings, AMM, NFT, marketing, referrals, etc.
Developing Terra dApps is made quick and easy with SDKs for Javascript and Python, in-depth tutorials, and various tools. The ecosystem currently enjoys low network fees and fast & more efficient transactions.
While other stablecoins employ algorithmic pegs, the Terra supports the flexible creation of multiple stablecoins. Users can perform swaps between Terra currencies at market exchange rates. That opens up possibilities for cross-currency settlements and trade. It may also create stability by having a group of currencies rather than one.
How many LUNA coins have been issued?
The Terra (LUNA) crypto network is designed to have an equilibrium issuance of 1 billion coins. The circulating supply stood at about 368 million LUNA coins in Q1, 2022. The tokens may be removed from circulation (burned) to better regulate the price of Terra stablecoins.
How is a Terra network secured?
The Terra crypto LUNA network is secured using Proof-of-Stake, running the Tendermint Core consensus engine. Its validators are decentralized and are chosen to propose new blocks based on a weighting model determined by the total stake. LUNA holders can also help secure the system by staking their coins. They are referred to as delegators and share in revenues generated by validators.
Why is it worth investing in LUNA?
Stablecoins continue to draw heavy criticism as having no real value or backing, “Here today, gone tomorrow,” and “Backed by pure maths.” Terra shed some criticism after raising $1 billion worth of Bitcoin as an emergency reserve in February following its token sales to venture capital groups.
The bolstered strength and confidence resulted in the LUNA price skyrocketing and the coin climbing the charts to the top 10 crypto tokens. It’s hard to say if the hype around LUNA will fade off or if the currency will remain dominant.
The sound advice is not to invest more than you can lose in the LUNA cryptocurrency. Performing in-depth research is also key to making a sound investment decision.
FAQ
Where can I buy a LUNA coin?
Buy LUNA token right on Changelly through our industry-leading fiat to crypto partners. We simplify the hassle of getting good deals, as our platform shows the amount of LUNA you can get from each vendor. As a veteran among crypto exchanges, Changelly supports the exchange of LUNA to and around 400 other cryptocurrencies.
Can I buy LUNA with a credit card?
Yes, Changelly makes it possible to buy Terra with their credit cards. Our partners support Visa and Mastercard that work across boundaries. Check to see that the fiat to crypto partners or cryptocurrency exchanges support card payments on the order page.
Can I buy a LUNA coin with a debit card?
To buy LUNA coin, complete your transaction on Changelly with your debit card. Our platform and partners employ strict security measures. You may even have to verify your identity as you purchase Luna.
Can I buy LUNA with PayPal?
You may buy Terra (LUNA) with PayPal on a crypto exchange platform that offers this payment method. At the moment, Changelly and its partners don’t officially support PayPal payments. But feel free to use other methods such as bank transfer.
Where can I store my coins?
Terra Station serves as the native cryptocurrency wallet for the Terra (LUNA) crypto coin. The Terra Luna wallet comes with the ability to swap coins, stake LUNA, or participate in governance. The station is accessible as a web extension. Alternatively, store Terra (LUNA) on other third-party supported software wallets and in cold wallets on a physical device.
Can you buy LUNA without KYC on Changelly?
Changelly partners with fiat-to-crypto payment providers such as Simplex, Indacoin, Banxa, and MoonPay. As they work in conjunction with traditional banks and payment processors, they are required to follow AML and KYC guidelines. You may be requested to complete the KYC verification by submitting documents to confirm your identity. It’s only performed once and takes several minutes, and at most, an hour.
Can I buy less than 1 LUNA?
Yes, you can buy less than 1 LUNA based on the amount of fiat money you have to spend. For instance, if the exchange rate is 1 LUNA = 159.69 USD, spending 50USD gives you about 0.31310333 LUNA. The amount of tokens you can buy is subject to the minimum transaction amount on the exchange or broker platform. Our payment partners mostly impose minimum limits of 30USD or 50USD.
What are the fees to buy Terra (LUNA)?
Changelly gives you one simple rate inclusive of all the fees for the purchase. The fees comprise the platform’s commission rate. Fiat-to-crypto payment providers charge processing fees for purchases, which may vary with the digital asset and preferred payment method. Terra also requires gas fees to cover the cost of processing the transaction on the blockchain.
Can I sell Terra (LUNA) tokens for fiat currency?
It’s entirely possible to sell Terra (LUNA) for fiat currency, although not directly. That’s because few crypto platforms support direct conversions of the coin because it’s not that popular. Holders may first need to convert the coin to other cryptos such as ETH, BTC, or USDC.
Carry out the exchange on Changelly with low trading fees. Securely cashout on our Sell Page, powered by Mercuryo. Payments are sent to any preferred bank account or card.
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