How to buy Terra(LUNA) Guide

Updated on: 2023/12/05 02:37:27（UTC+0）

Coin rating

4.6

Are you interested in purchasing cryptocurrency but unsure about the process? Don't worry! Bitget provides numerous options to assist you. With Bitget, you can effortlessly buy Terra (LUNA) with the utmost security and lowest fees. Begin your seamless journey of purchasing your first Terra using Bitget today!

Buying Terra on Bitget

Create a free account on the Bitget site or app.

Your Bitget account acts as a gateway to buying crypto. But before you can buy Terra (LUNA), you’ll need to open an account and verify your identity.

Choose how you want to buy the Terra (LUNA) asset.

Click on the Buy Crypto link on the top left of the Bitget website navigation, which will show the available options for Terra in your region. Bitget offers several purchase options:

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:

Option 1 — Debit/Credit Card: If you are a new user, this is the easiest option for buying Terra. Bitget supports both Visa and Mastercard.

How to Buy Crypto using Debit - Credit Card

Option 2 — P2P Trading With 0 Fees: P2P trading enables direct transactions between private buyers and sellers, eliminating the need for intermediaries. This method provides a convenient and cost-effective way to buy cryptocurrencies. Explore the P2P trading feature to take advantage of zero-fee Terra and other crypto purchases.

Buying Crypto via P2P

Option 3 — Third-Party Payment: Buy crypto from a third-party provider. The supported third-party service providers include Mercuryo, Xanpool, and Banxa. Bitget has carefully selected a number of service providers with trusted industry reputation, popularity, and security to provide users with streamlined services.

How to Deposit EUR & GBP Using SEPA

Complete the purchase of Terra

Check the payment details or fees for your selected purchasing method. If they suit you, follow our user-friendly buying process on our app or website.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Terra Price Page and bookmark them to stay updated!

LUNA / USDT

$1.16

+0.14

+14.70%24H

The live Terra price today is $1.16 USD with a 24-hour trading volume of $754217.70 USD. We update our LUNA to USD price in realtime. LUNA is 14.70% in the last 24 hours.

Are you planning to buy LUNA?

See if other users are buying LUNA:

Yes

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A welcome pack of 1000 USDT for new Bitgetters!

Bitget: Where The World Trades Terra

Seamlessly blending cutting-edge technology with user-friendly design, Bitget offers a secure platform for buying Terra and taking advantage of its unparalleled potential. With top-tier security features, including robust encryption and cold storage solutions, your investments are safeguarded at every step. Experience the thrill of trading with high liquidity, enabling smooth transactions and precise execution. Our intuitive interface empowers both new and experienced traders to harness the power of crypto, while our responsive customer support ensures you're never alone on your journey. Benefit from competitive fees, comprehensive educational resources, and a range of services that cater to various trading strategies. Join Bitget today, and embrace the future of digital finance with confidence.

Fast

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.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Terra instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

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A welcome pack of 1000 USDT for new Bitgetters!

What to Do After I Buy Terra

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold 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.

Trade Terra

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.

Send Terra

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.

Spend Terra

You can also buy goods and services with your Terra. More and more vendors and retailers accept Terra every day.

Donate Terra

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?

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Terra facts from our Bitget Academy articles. Learn why people buy Terra today!

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!

Futures market

LUNAUSDT

Spot market

LUNAUSDT

LUNAUSDC

Terra (LUNA) Resources

Official Website

Official Documents

FAQ

How do I purchase Terra?

Nowadays, you can purchase and store Terra hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Terra. You can easily do it on your computer, tablet, iOS, or Android.

Can I buy US$1 worth of Terra?

In theory, Terra can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of Terra?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy Terra?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Terra?

The best place to buy Terra is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Terra right now?

You should make a decision on purchasing or investing in Terra or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Cryptocurrency investment activities, including actions done to buy Terra online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Terra instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Terra purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

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