How to Buy Terra (LUNA)

A Step-by-Step-Guide on how to buy Terra (LUNA)

Step 1 – Join Kraken

You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – {Transfer} Your {Bitcoin or Ethereum} to an {Exchange}

Your {BTC (Bitcoin) or ETH (Ethereum)} {will need} to be sent over to an {Exchange} 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 {illustration}. {Unsure} on how to send {funds from Coinbase} to an {Cryptocurrency Exchange}? ({Follow} {these easy steps})

Make sure {you've} {selected} the {correct} coin you {wish} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {ETH} to an {Ethereum} deposit address, {and so on}. {In the case} {you're} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {different} ({Follow} {our manual}).

Step 3 – {Find} Terra (LUNA)

{Once} your deposit has been {verified}, {you'll} {immediately} have access to your {finances} and you can {start} {invest} and trading. To {invest in} Terra (LUNA) on Binance, {you will} want to {go to} the {tab which is called “Exchange”} and{ after that} {mouse click} on “Basic”.

{To} {locate} Terra (LUNA), {you will} need to {insert} the {cointype} (LUNA) into the {search box}, which is {marked} in the {image}. {Be certain of having} {choosen} the {proper} {grouping}, {we have} {highlighted} this {also}. Click on “LUNA/BTC” to {go ahead}.

Binance Hot To Buy Terra (LUNA)
Binance How to Buy (LUNA) Terra
Step 4 – {Purchasing} Terra (LUNA)

{After} {you have} {located} Terra (LUNA), {you will} be {given} a {Chart with Prices} (in the Center of the {image}) and {some} Order Books ({Leftside} of the {picture}). {For now} {we are} {creating} our{} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{} {up-to-date} {tariff} Terra (LUNA) was {sold} for. {You can change this} to your {desired} {rate}. The {field with the “Amount” tag} is the {amount} of LUNA you {like} to {purchase}. The {field with the “Total” tag} is the {total} price in {BTC} that {you will} {settle} for the {whole} {volumen} of LUNA.

{If} {you are} {happy}, {click} on “Buy LUNA”. Your {plan} will be filled {as soon as} a {Seller} {sells} their LUNA for the price you {gave}.

Step 5 – Withdraw Terra (LUNA)

Unless {you are}{ regularly} trading, {you should never keepyour} {coins} on an {Crypto Exchange} for an {longer} {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 securely} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Terra (LUNA) by using the {provided} drop-down box. {Enter} the {amount} of Terra (LUNA) {you would} {like} to {take off}. {Don't forget} the {demonstrated} {fees/minimums}. Also make sure you have {filled} your {precise} withdraw address.

{If} {you are} {happy}, {click} “Submit”. You {may} be {requested} for {verfication via email/phone} {ahead of} a {withdrawal}.

Binance Withdraw

{Kudos}! {You have} successfully {purchased} and {stored} Terra (LUNA).

That's it!

{Withdrawals} from {Crypto Exchange} can {durate} {between} 1 – 30 minutes ({depending} on {network usage}). {Once} {you've} {proved} your {take off} {with} {Etherscan.io or Ethplorer.io} and the (LUNA) Terra is {stored} {in} your wallet, {you are} {all done}.

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