After falling off the Terra Luna back in April 2022, you might wonder if you can still buy Terra and how to buy Terra. After this crash, a whole new blockchain was created using its own cryptocurrency. This has led many to question how the new LUNA coin is different from the original. Before buying Terra Luna, you need to know What is Terra Luna.
What is Terra Luna?
LUNA is the native token of Terra, a blockchain developed by South Korean company Terraform Labs. A total of $32 million has been raised to fund this development through the private sale of LUNA coins. With Luna's circulating supply floating in the trillions, Luna's recovery remains a big issue. However, it will not deter users from buying the coin even after the price has dropped significantly.
How to buy Terra?
Most of the headline articles heading about Terra Luna is that it was completely removed from the network exchange. But you can still work with Terra Luna on most exchanges that are originally supported.
After the crash of Luna, exchanges like Binance, Crypto, and Coinbase temporarily paused the translation which is related to Luna. LUNA is experiencing extreme volatility due to the decoupling of UST. Please proceed with caution.
Here is the list of exchanges that still support Terra Luna.
- Bitkan >Click here to start trading<
- Binance
- Bybit
- Crypto
- FTX
- Gate
- Huobi
- KuCoin
Below is the step-by-step guide for how to buy Terra.
- Research the CoinMarketCap to see whether you can buy Terra and in which currencies
- Choose a platform to buy from
- Make purchases on the platform of your choice
Most platforms have guides if you get stuck. But if they don't, there is a vibrant community of crypto enthusiasts who may have posted guides on Youtube, Twitter, and elsewhere.
Conclusion
From this article, you will know how to buy Terra and about Terra crashed. If you wish to still buy Terra Luna, please do not forget to check the CoinMarketCap. Remember, as LUNA's May 2022 crash attests, cryptocurrency markets can be volatile.
