Buy Luna Classic (Terra) (LUNC)
What is Terra (LUNA)?
Terra Luna is a decentralized blockchain protocol for algorithmic stablecoins. Terra's purpose is to function as a financial Ecosystem. Although Terra has many different ways to use it, the coin is most commonly used for enabling payments in stablecoins. Stablecoins are cryptocurrencies that are linked to a fiat currency such as the Dollar or Euro. Unlike other cryptocurrencies, these coins hardly change in value. The Terra protocol allows these stablecoins to track the price of the corresponding fiat currency. This allows users of Terra to spend, save and exchange stablecoins instantly. Compared to current bank transactions, with Terra you pay less transaction fees and transactions are completed within seconds.
What can Terra luna (LUNC) be used for?
Terra has several stablecoins running on its network. Stablecoins are cryptocurrencies whose price is linked to fiat currencies, such as the U.S. dollar, the Euro or the South Korean Wong.
LUNC users can earn additional rewards by making their LUNC available as collateral for the stablecoins. In this way, Terra tries to keep the price of UST, for example, stable, and users who enable this stability are rewarded with additional LUNC.
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Why Buy Terra Luna Classic via Anycoin?
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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
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Additional information about Terra luna classic (LUNC)
What can Terra luna (LUNA) be used for?
Terra has several stablecoins running on its network. Stablecoins are cryptocurrencies whose price is linked to fiat currencies, such as the U.S. dollar, the Euro or the South Korean Wong.
LUNA users can earn additional rewards by making their LUNA available as collateral for the stablecoins. In this way, Terrat tries to keep the price of UST, for example, stable, and users who make this stability possible are rewarded with additional LUNA.
Who are the founders of Terra?
Terra was founded in early 2018 by South Koreans Daniel Shin and Do Kwon. Both have long backgrounds in South Korean e-commerce and software engineering. Terra falls under Terraform Labs and they focus on the rapid adoption of blockchain technology and cryptocurrency. They try to do this by focusing on price stability and usability.
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