Best 5 Places to Buy LUNA Crypto

Are you looking to buy LUNA from a reliable exchange to hold for a long-term or a short-term investment? Then you’re at the place. 

You can securely buy LUNA tokens from multiple exchanges, but to make it easier, we’ve listed the 5 best exchanges to buy LUNA crypto. 

If you are familiar with the LUNA crash last year, the price of LUNA was over $150, which is under $1 now. It shows that this project still has the potential to gain those numbers again. But keeping that aside, let’s focus on the places you can sign up to buy your favourite token. 

Also Read: Crypto Market Cap From 2010 Till 2023

Key Takeaways

• Terra LUNA is a proof-of-stake (PoS) mechanism built to maximise cryptocurrency benefits in the financial sector. 
• You can buy LUNA from Binance, Coinbase, Kucoin, Huobi Global, and Bitstamp. If you have anything else in mind, you can go for it too. 
• Terra LUNA has a current price of $0.9 (As of May 11) with a staggering market cap of over $250 million. 

5 Places Where You Can Buy LUNA Crypto in 2023

1- Binance – Best for Trading LUNA

Binance is a popular cryptocurrency exchange that offers hundreds of assets and a user-friendly trading environment. It offers low fees, a robust charting interface, and support for hundreds of coins. Binance uses two-factor authentication, device management, and cold storage to protect customers. 

Binance offers trading pairs for LUNA, with the best liquidity for LUNA trading. You can trade LUNA on Binance using margin trading, with a leverage of up to 20x. Although you can’t directly buy LUNA on Binance with a credit card, you can purchase USDT or BUSD with your card first and then buy LUNA. Binance also offers advanced trading features, low transaction fees, and features for decentralised finance.

2- Coinbase – Most Beginner-Friendly Platform

Coinbase is one of the largest cryptocurrency exchanges in the US, boasting over 73 million verified users in over 100 countries. The platform’s defining feature is its ability to buy, sell, and trade over 100 cryptocurrencies and tokens. While its fees are higher than some competitors, it remains the most beginner-friendly option. 

For Terra Luna investors, Coinbase Pro offers limit and market orders with maker/taker fees of 0.5% for the first $10,000 in volume traded in 30 days. However, instant buy fees for Terra Luna are among the highest of any major exchange, with a 3.49% processing fee for credit or debit card purchases. Coinbase also offers crypto lending, borrowing,  and staking.

3- Kucoin – Offers a User-Friendly Interface 

KuCoin is a global cryptocurrency exchange that offers a variety of trading options, including spot, futures, margin, P2P, staking, and lending. The platform charges a low 0.1% fee for both makers and takers, making it one of the most affordable Bitcoin exchanges online. 

KuCoin also supports the purchase of Terra (LUNA) with a credit card and offers LUNA/BTC and LUNA/USDT trading pairs. While the platform has a user-friendly interface, it suffered a cyber breach in 2020, which it has recovered from brilliantly. KuCoin has a large selection of listed cryptocurrencies, with more than 700 different coins available. However, its LUNA liquidity is less strong than it is on Binance.

4- Huobi Global – Offers LUNA Futures Contracts 

Huobi Global is a popular cryptocurrency exchange that offers crypto-to-crypto trading with a vast array of supported assets and low trading fees. It provides professional trading tools, margin, and futures trading, making it suitable for active traders and institutional investors. Although unavailable in the US, it offers excellent customer service and high-quality cybersecurity. 

Huobi listed Terra’s LUNA on its platform in 2020, making it one of the top exchanges to trade LUNA. The exchange offers a spot market for LUNA against USDT and a LUNA/USDT perpetual futures contract with leverage. While it doesn’t offer unique features that set it apart from its competitors, it remains a reliable option for those looking to trade cryptocurrencies.

5- Crypto.com – Lowest Fees for Buying Terra Luna 

Crypto.com is a Hong Kong-based global cryptocurrency exchange that allows users to buy and sell over 250 cryptocurrencies with low trading fees. The unique selling point of the platform is that users can stake their cryptocurrency and earn up to 14.5% p.a. interest. The exchange also offers other services such as NFT trading, DeFi products, etc. 

Crypto.com has implemented various security measures to safeguard customer accounts, including MFA and whitelisting. LUNA coin is available for purchase on Crypto.com, and users can interact with it in various ways through the mobile app, lending platform, and Visa rewards credit card. However, the platform doesn’t accept PayPal or e-wallets for payment.

Frequently Asked Questions

What Should You Know About Terra LUNA?

Terra LUNA, as mentioned above, is a PoS mechanism that increases the benefits of cryptocurrency for the financial sector. It mainly focused on mass payment processing infrastructure and creating stablecoins for the public while offering minimum transaction fees. 

Is LUNA a Good Long-Term Investment?

Considering the recent events and how the LUNC kept growing in its time, LUNA looks to have the same potential. The team has changed its mechanism, meaning the risk of another crash is close to none now. Buy DYOR before investing your hard-earned money in any token.  

Where Can You Trade Terra LUNA Futures? 

If you’re into future trading, you’ll be happy to know that certain exchanges offer futures contracts for LUNA. These include Binance with 20x leverage, Kucoin with 20x leverage, and Huobi Global with 50x leverage.