A Step-by-Step-Guide on how to buy Terra (LUNA)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Terra (LUNA) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Terra (LUNA) As soon as your deposit has been confirmed, you'll now have access to your funds and you can start buying and trading. To invest in Terra (LUNA) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot Terra (LUNA), you'll need to put the shortname of the coin (LUNA) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this also. Click on “LUNA/BTC” to go ahead.
Step 4 – Purchase Terra (LUNA) As soon as you've located Terra (LUNA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest rate Terra (LUNA) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of LUNA you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of LUNA. If you are glad, make a mouse click on “Buy LUNA”. Your plan will be filled when a Vender trades their LUNA for the price you submitted.
Step 5 – Withdraw Terra (LUNA) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. In order to take off your Terra (LUNA), hover over the tab called “Funds” and click on “Withdraw”. Terra (LUNA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Terra (LUNA) by using the provided drop-down box. Drop in the volumen of Terra (LUNA) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.