A Step-by-Step-Guide on how to buy Terra (LUNA)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Terra (LUNA) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Terra (LUNA) As soon as your deposit has been affirmed, you will now have access to your finances and you can commence invest and trading. To purchase Terra (LUNA) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find Terra (LUNA), you will need to put the shortname of the coin (LUNA) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “LUNA/BTC” to proceed.
Step 4 – Buying Terra (LUNA) As soon as you have found Terra (LUNA), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order. The ”Price” field will be filled automatically with the most latest tariff Terra (LUNA) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of LUNA you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of LUNA. If you are glad, click on “Buy LUNA”. Your order will be filled as soon as a Vendor sells their LUNA for the price you submitted.
Step 5 – Withdraw Terra (LUNA) Unless you're regularly trading, never keep your coins on an Crypto Trader for an extended period of time. In order to withdraw your Terra (LUNA), hover over the tab called “Funds” and mouse click on “Withdraw”. Terra (LUNA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Terra (LUNA) by using the provided drop-down box. Put into the volumen of Terra (LUNA) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.