Terra has launched its new version on 27th May 2022, i.e. Terra 2.0 or Terra Luna. And the old Terra Launa is known as Terra Launa Classic or LUNC. This new coin Terra 2.0 is launched at the Terra blockchain and its aim to save the Terra ecosystem, as the old Terra Launa and Terra USD causes great losses to investors, so the Terraform Labs has introduced the new coin for the future of the network. Hence for the network recovery, the co-founder of Terraform lab, Do Kwon proposed to rename the old Terra Lunna as Terra Launa Classic (LUNC). Now, Luna 2.0 is the future of Luna investor who thinks that there is still potential in Terra. This new crypto currency will help you to earn interest and easy to create new stablecoins. In this blog, you will read about Terra Launa.
Where you can Buy Terra Launa?
If you want to buy Luna coin, then you should need a crypto exchange which gives you this new cryptocurrency. You can choose the best exchange which offers you good price, investing tools and also the exchange which is easy to use.
- eToro: It is the best exchange to buy Terra Luna with a credit card or debit card without giving any kind of additional processing fees. This exchange supports e-wallets such as PayPal, Neteller, and Skrill so that you can easily buy cryptocurrency. The major benefit which eToro exchange provide is the low trading fees. Most importantly, it provide 24/7 customer support.
- Crypto.com: Crypto.com is also the best place to buy LUNA coin. Here, you can trade more than 250 cryptocurrencies with low transaction fees. This is the integrated lending platform with 3% APY. This platform also offers Visa rewards crypto credit card which gives you up to 8% on your transactions.
- Coinbase: Coinbase is the best crypto exchanges for newcomers. On this platform, you have to select the cryptocurrency which you want to buy and then enter your payment details to purchase your selected cryptocurrency. But the major drawback of this cryptocurrency is very high processing fees. This platform is the secure and trusted software wallet. It supports crypto lending, borrowing and staking.
- Binance: On this platform, you can trade Terra Launa and can earn profit because Binance is the advanced crypto trading platform which offers lowest trading fees. It provides you customizable chart with built-in indicator. Here, you can set price alerts, track the Terra Launa order book and also can monitor crypto market news. It has lowest transaction fees. This platform also supports staking and lending out Launa.
How to Buy Terra Launa?
For this, first you have to open an eToro account by entering your username, password, address and phone number. After this, you have to deposit funds through Credit Card, Debit Card, PayPal or through bank transfer. Now, search for Terra Launa and then click on trade to open a new order form. At last, enter the amount of Launa and then tap on Open Trade to finish your purchase.
Is Terra Launa Coin a Good Investment?
Some investor thinks that Terra Launa will regain its value, as it has volatile price effects. Hence, time will tell that it will regain its value or not. It is helpful for the smart contract developer, as they can easily access the price feeds and critical data. Through this way, it is considered to be the best decentralized finance coins. This coin is designed to be price stable and supports lending and borrowing. The investors can earn rewards every time when the transaction is made. You can buy Terra Launa with PayPal, Debit Card or Credit Card.
This is the complete information of Terra 2.0, for more details read our other blogs.