Where to buy Terra (LUNA): it’s on a monster Bull Run as Terra becomes 2nd biggest DeFi Platform

Terra (LUNA) has been voyage to the moon in the last few weeks and it is setting new all-time highs every day.

It has surged to become the second biggest DeFi platform after Ethereum after flipping Binance Smart Chain (BSC) in terms of total value locked (TVL).

To help investors and traders who want to buy Terra (LUNA), Invezz has created a brief article to help with identifying the best places to buy it.

To find out more, please continue reading.

Best places to buy Terra (LUNA)

As LUNA is such a new asset, it's yet to be listed on major exchanges. You can still purchase LUNA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LUNA right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You'll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and 'connect' your wallet to it.

4. You can now swap your ETH for LUNA

Now that you're connected, you'll be able to swap for 100s of coins including LUNA.

What is Terra (LUNA)?

Terra (LUNA) is the native token of the Terra blockchain.

Terra blockchain is a blockchain protocol that uses fiat-pegged stablecoins to power payment systems around the world.

LUNA holders can use the token to stabilize the price of Terra’s stablecoins and also to vote on governance proposals.

Should I buy the Terra (LUNA) today?

If you want to invest in a cryptocurrency that is on the rise, then Terra (LUNA) is a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

Terra (LUNA) price prediction

Terra (LUNA) has been on a bullish trend for several months now and it is rallying towards its all-time and analysts strongly believe that it shall hit $100 before the end of year.

$LUNA social media coverage

🌕 @Terra_money $LUNA has just flipped $BNB to become the world's 2nd largest protocol by TVL, 2nd only to $ETH. pic.twitter.com/PJLMJSs0a6

— LUNA KING 🌖👑 $UST (@TheLUNAKing) December 19, 2021

$LUNA now comes as the King, you best not miss.$LUNA #Terra #ATH pic.twitter.com/f8viCzdnSH

— Terrians 🌕 (@Terrians_) December 20, 2021

The post Where to buy Terra (LUNA): it’s on a monster Bull Run as Terra becomes 2nd biggest DeFi Platform appeared first on Invezz.