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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Terra (LUNA) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find Terra (LUNA)

Once your deposit has been approved, you will instantly have access to your funds and you can begin invest and trading. To purchase Terra (LUNA) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot Terra (LUNA), you'll need to put the short name of the asset (LUNA) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have marked this too. Click on “LUNA/BTC” to proceed.

Step 4 – Acquisition of Terra (LUNA)

After you've located Terra (LUNA), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff Terra (LUNA) was sold for. You can change this to your desired price. The ”Amount” field is the amount of LUNA you wish to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete amount of LUNA.

When you are happy, make a mouse click on “Buy LUNA”. Your plan will be filled when a Seller trades their LUNA for the price you introduced.

Step 5 – Withdraw Terra (LUNA)

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to withdraw your Terra (LUNA), go to the tab called “Funds” and mouse click on “Withdraw”. Terra (LUNA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Terra (LUNA) by using the given drop-down box. Drop in the volumen of Terra (LUNA) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.