Buy Terra Classic (LUNC)


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Terra Classic

What is Terra Classic (LUNC)?

Terra Classic  (LUNC) is a programmable blockchain protocol that has been developed to create a digital payment system that has the autonomy, decentralisation and speed of cryptocurrency but is powered by fiat-pegged stablecoins. The Terra protocol allows that creation of stablecoins, which are non-volatile digital assets pegged to a real-world currency.

The Terra blockchain network was built using Cosmos and has been widely adopted by Asian e-commerce markets that use stablecoins pegged to the US Dollar, South Korean Won and Japanese Yen. Terra even has an AUD-pegged stablecoin called AUT.

Terra’s native token, LUNA, is used as a governance token, holders of LUNC can stake their tokens to validate transactions in the Terra ecosystem. LUNC also plays a pivotal role in maintaining the price stability of the Terra stablecoins.

To Buy and sell Terra (LUNA) tokens in Australia, sign up for a free Swyftx trading account. Using bank transfer, OSKO, POLi, PayID or your debit card, deposit AUD into your trading account, select the amount of LUNA you would like to purchase and confirm your order.

How to buy Terra Classic (LUNC) in Australia

You can easily invest in LUNA token on the Swyftx crypto exchange. Our platform allows users to buy, sell and swap Terra Classic (LUNC) and over 300+ cryptocurrencies listed on our exchange. When you trade with Swyftx, you trade with some of the lowest fees and smallest spreads on the Australian crypto market.

How to trade Terra Classic (LUNC) with Swyftx

Create an account

To trade LUNC on Swyftx, sign up for an account either via our mobile app or desktop platform.

Verify your identity

Before you can begin trading Terra Classic (LUNC) you will need to verify your identity. Verification is a quick and painless process that shouldn’t take you longer than 5 mintues to complete. You will be required to provide a form of identification, either your driver’s licence or passport.

Deposit Funds

Swyftx allows you to deposit up to $100,000 AUD per day using various payment method including: bank transfer, POLi, PayID, OSKO or debit card.

Trade Terra (LUNC)

After your funds have been cleared, you’ll be able to buy Terra Classic token (LUNC) as well as a wide range of other popular coins listed on Swyftx!

How to Buy Terra Classic in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy LUNC

Frequently Asked Questions

Where is the best place to buy Terra Classic?

The best place to buy Terra Classic is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

Is Swyftx Safe to buy Terra Classic?

Yes, Swyftx is a safe and secure platform to buy and sell Terra Classic (LUNC). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.

Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.

You can find more information on our security practices here.

How is the price of LUNC determined?

The price of LUNC is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:

  • Bank transfer
  • OSKO
  • PayID
  • POli
  • Credit or debit card

Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

Can I buy Terra Classic with credit card?

Swyftx does not allow you to directly buy Terra Classic with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy LUNC instantly.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.