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.
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
How to get started with terra
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.
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.
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
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What does it cost to buy terra via Lunar Block?
Do I need to know anything about terra or other cryptocurrencies beforehand?
What’s the difference between trading terra via Lunar Block and other platforms?
Which risks should I be aware of?
Is it safe to trade terra?
Do I get help reporting terra on my taxes?
Is there a minimum amount I need to buy terra for?