Terra (LUNA), the collapse of Terra Luna Classic, led to the overhaul of the Terra ecosystem and the introduction of a new native token. The aim was to ensure the continuity of the ecosystem and learn from past mistakes. In this article, we will explore what Terra (LUNA) is and how to buy it with TRY.
What is Terra (LUNA)?
Terra is the native token of the reformed Terra ecosystem. After the collapse of Terra Luna Classic, a new token was introduced to revive the ecosystem and implement improved mechanisms. The new Terra Luna inherits the original vision while incorporating advanced technological frameworks and a transparent governance model. The development team is committed to creating a resilient platform and expanding the ecosystem’s reach.
The reaction to the new Terra Luna has been met with cautious optimism from the community and investors. The proactive measures taken by the development team have instilled a renewed sense of optimism for the future of the Terra ecosystem.
How to Buy Terra (LUNA) with TRY?
Binance TR is a suitable cryptocurrency exchange for Turkish investors looking to buy Terra (LUNA). You can easily create an account on Binance TR and trade over 100 cryptocurrencies, including LUNA. To buy Terra (LUNA) with TRY on Binance TR, follow the steps below.
How to Open an Account on Binance TR?
Opening an account on Binance TR is simple. Go to trbinance.com and click on the “Create Account” option. Enter your basic information, such as email address, phone number, name-surname, date of birth, nationality, and Turkish ID number. After entering the information correctly, complete the email/sms verification process.
How to Verify Your Account on Binance TR?
Identity verification on Binance TR is a security procedure that needs to be completed before trading cryptocurrencies. You can choose to complete the verification process from your phone or through the official Binance TR website. Follow the instructions provided on the website to complete the verification process accurately.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from various banks, including Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. Deposits from other banks can be made via FAST up to 50,000 TL, while deposits over 50,000 TL are processed during EFT hours. Follow the instructions on trbinance.com to deposit money into your Binance TR account.
How to Buy LUNA Coin with TL on Binance TR?
After completing the deposit process, you can proceed to buy LUNA coin with TL by clicking on the “Buy-Sell” option on the Binance TR website. Use the search section to find LUNA/TRY and enter the price and quantity of LUNA you want to buy. Complete the purchase by clicking the “Buy LUNA” button.
What is Binance TR?
Binance TR is the official platform of Binance, the largest cryptocurrency exchange in the world. It was launched in 2020 specifically for Turkish cryptocurrency investors. Binance TR offers fiat-to-crypto and crypto-to-crypto trading services, allowing users to deposit and withdraw Turkish lira directly through bank channels. It leverages Binance’s technology, security measures, and liquidity to provide a seamless trading experience for Turkish users.
Disclaimer: The information provided in this article is not investment advice. Cryptocurrencies carry high volatility and risk, and investors should conduct their own research.
