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LUNA
Terra
$0.00000000AUD
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Buy Terra LUNA

LUNA is the native token of the Terra network. Terra is a decentralised financial network that allows for the creation of decentralised applications and cross-chain stablecoins. Terra was built using the Cosmos SDK by Terraform Labs, which was created by the Terra Alliance. The Terra Alliance is a conglomerate of 15 e-Commerce companies in the Asia-Pacific region. LUNA is used for minting stablecoins on the Terra network. When a user of the network wants to create a stablecoin, they must burn the equivalent amount of LUNA to mint the stablecoin. This can also be done in the opposite direction, allowing for the minting of LUNA through burning the equivalent amount of stablecoins. This system ensures that Terra stablecoins always maintain their fiat peg due to arbitrage incentives. LUNA is also used for governance of the Terra network and staking.

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Frequently Asked Questions (FAQs)

The Terra price is $0.56985259 AUD, representing a -1.89% from the day prior.

Yes - you can easily buy and sell Terra (LUNA) on Coinstash. Simply login or sign up, to start buying Terra (LUNA) in minutes.

The best place to buy Terra (LUNA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Terra (LUNA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of Terra (LUNA) is $95.1M AUD in the last 24hrs, representing a -1.89% from the day prior.

Terra (LUNA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of Terra (LUNA) is $389.1M AUD.

Yes - With Coinstash you can convert your Terra (LUNA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of Terra (LUNA) is 687.7M.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Terra (LUNA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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