Terra is a blockchain platform that envisions creating digital payment systems powered by currencies that are stable like fiat currencies but have the security and speed of cryptocurrencies. Terra takes the concept of stablecoins a step further by allowing the creation of a family of stablecoins that are pegged to many major fiat currencies instead of just the U.S. dollar.
It keeps the price of its currencies stable by adjusting the total supply depending on their demand. The nodes on Terra need to stake the platform’s native currency LUNA to approve Terra transactions. LUNA also plays a pivotal role in maintaining the price stability of the Terra stablecoins. To Buy LUNA in Australia, sign up for a free trading account. Using bank transfer, OSKO, POLi, PayID or your credit/debit card, deposit AUD into your trading account, select the amount of LUNA you would like to purchase and click ‘Buy LUNA.’
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy LUNA, than our closest competitors.
Verify online instantly without uploading documents and deposit AUD to start Terra trading in less than 2 minutes.
Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.Create a free account
Deposit and withdraw NZD via bank transfer.
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.