Buy the cryptocurrency terra

Do you want to trade the cryptocurrency terra (LUNA)?

You can do it easily and conveniently through Lunar Block. All you have to do is download the Lunar app and sign up to Lunar Block.

If it’s your first time trading crypto through Lunar Block, you first need to complete a crypto quiz. Then we’re sure that you’re familiar with the risks connected to crypto trading.

Download the Lunar app and get started with terra

See terra’s rate here

When you begin trading terra, it could be a good idea to first check out the rate.

For example, if you had bought a terra coin in June 2022, you would have paid around 46,5 DKK, according to Coinbase . In July 2022, the value of a terra coin had dropped to 12,5 DKK a piece. That’s equivalent to a drop of 73,1%.

But the rate of cryptocurrencies can fluctuate every second , and examples of large gains and just as large falls have been seen in short amounts of time. That’s why you always need to be aware that you could lose the entire amount you’ve purchased for, if the rate of the cryptocurrency goes down.

Terra can rise and fall

We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.

No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.

Fast facts: What is terra?

Terra is a cryptocurrency, which isn’t controlled by a bank, government or any other central authority, just like other decentralised cryptos. When the value of terra rises or falls it’s thus exclusively due to supply and demand.

The special thing about terra is their stablecoin - TerraUSD (UST) - which is pegged to the value of the American dollar. That way, terra could work as a decentralised currency, but still won’t fluctuate as much in value as the other cryptocurrencies generally do.

But that plan went south in May 2022, where the value of TerraUSD plummeted.

Tip: Read more about terra’s crash and history here .

With Lunar Block you can buy and sell terra directly from your phone - without needing a wallet. That makes trading crypto easy - no matter if you’re a novice or a seasoned trader.

Download Lunar free now

How you can trade terra with peace of mind

When you buy and sell terra though our platform you can do so with peace of mind. You can trade with peace of mind because you’re trading on a Danish platform without pointless fees (such as deposit fees, withdrawal fees and safe deposit fees).

When you want to sell your cryptocurrencies again, it’s also without any hassle. You’re getting the value of your crypto paid out directly to your Lunar account, which could be in DKK.

That way you’re avoiding the fear that your cryptocurrency is stuck with a foreign platform, where you can’t get the value paid out.

Important: Remember, all cryptocurrency trading - including terra - involves a large risk.

When the rate can rise it can also drop. So even if you have the opportunity of yielding gains, you could also lose the entire amount you’ve used to purchase crypto.

Buy terra now

Always set, low prices when you trade crypto

When you trade terra and other cryptocurrencies though our platform, you’re getting a set, low trading price. The price is set after your subscription type and looks like this:

Standard: 2,5% of your purchase and sale

Premium: 1,5% of your purchase and sale

Pro: 1% of your purchase and sale

Trade crypto in Lunar Block

We’re guiding you through your crypto tax report to Skat

We think trading cryptocurrency should be easy and accessible. But with Denmark’s current taxation rules for crypto, it’s difficult for a lot of new investors.

We want to help, so you can trade crypto without all the hassle.

By the end of each year, we’re giving you the overview of your trades along with a guide on how to report. That way, you can probably handle the annual tax report in a matter of minutes and use your time trading crypto instead of dealing with Skat.

It’s always your responsibility to correctly report your taxes to Skat - but we’re helping you on your way, to make it way more manageable.

Read more about how we help with the tax report to Skat .

How to get started with terra

  • 1

    Download Lunar for free

    Go to App Store or Google Play and download the Lunar app. Find your photo ID, as you need that to sign up.

  • 2

    Sign up to Lunar Block in the app

    Find Lunar Block under “Products” and sign up. You’ll be asked to take a test about crypto first - among others things, it’s to see if you’re aware of the risks. You can learn more about the risks in the app before you take the test.

  • 3

    Buy terra with a single swipe

    When we’ve approved you, you can buy crypto immediately. Choose your cryptocurrency in the app and buy with a single swipe.

Your questions - answered

Cryptocurrencies can rise and fall

When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.

Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.

We do not counsel

We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.

No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.