Buying Terra on Bitget
Create a free account on the Bitget site or app.
Choose how you want to buy the Terra (LUNA) asset.
Hint: To have a wider variety of payment methods, you can consider buying a stablecoin like USDT first and then use that coin to buy Terra (LUNA) on the spot market.
Explore the available options now:
Complete the purchase of Terra
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Terra Price Page and bookmark them to stay updated!
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Bitget: Where The World Trades Terra
Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.
Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Terra instantly.
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What to Do After I Buy Terra
Many users hold on to their Terra with the expectation of it increasing in value. You can store your LUNA safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
You can trade Terra for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Terra trading to meet your needs.
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Terra online and send to anyone and anywhere with their Terra address.
You can also buy goods and services with your Terra. More and more vendors and retailers accept Terra every day.
Bitget Charity accepts Terra donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Terra so no one misses out on the growth made possible by blockchain.
Learn More About Terra
You can read more in-depth articles on Terra from Bitget Research and study how cryptocurrencies like Terra work on Bitget Academy
Or still haven't decided if you want to buy Terra?
What is Terra (LUNA)?
Terra is a blockchain network that is designed for e-commerce and decentralized finance with the main utility and governance token, LUNA. It was released in 2018 by Do Kwon and Daniel Shin of Terraform Labs, and quickly became one of the most prominent projects in the crypto sphere.
In 2022, Terra went through a complete meltdown after $2 billion worth of token was unstaked, leading to the depeg of the USD-pegged stablecoin UST, the collapse of the blockchain, and the tanking of the whole crypto market. After the event, Do Kwon announced a recovery plan with a hard fork: the old Terra blockchain is now called Terra Classic and the collapsed LUNA token has become LUNC (LUNA Classic), while the new blockchain and its new token adopt the names Terra and LUNA (or Terra 2 and LUNA 2), respectively.
How Terra (LUNA) Works
With the aim to facilitate e-commerce in real life, Terra has a wide range of fiat-backed stablecoins, including those for USD, EUR, GBP, KRW, JPY, etc., alongside a utility and governance token called LUNA. One special thing about these stablecoins is that they are not ensured by any reserves, but rather their prices are determined by "algorithm", hence the name algorithmic stablecoins. LUNA is used as a collateralization mechanism of these stablecoins, so it does not have a hard cap of total supply.
With this system in place, Terra provides a fast, cheap, and relatively-non volatile environment for decentralized commerce and finance.
How Many Terra (LUNA) Tokens Are in Circulation?
At the moment, 1,004,262,701 LUNA tokens are in total supply. Among those, 127,475,474.31 are in circulation.
How to Buy Terra (LUNA)
Consider investing in Terra (LUNA)? It only takes 2 minutes to create an account on Bitget and start trading LUNA.
Check out the available LUNA trading pairs on Bitget!