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Terra Price in India (LUNA)

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LUNA to INR Converter

As per last price at 00:00:00, 01/01/70

INR

LUNA

TRADE LUNA NOW

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LUNA Performance

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LUNA Market Information

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LUNA Price Today

The live price of Terra is ₹ 0 per (LUNA / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. LUNA to INR price is updated in real-time. Terra is +0% in the last 24 hours with a circulating supply of .

About Terra (LUNA)

What is Terra ?

Terra is a decentralised blockchain e-commerce platform that offers fiat-pegged stablecoins for international payments.

Terra’s two tokens are Terra (the stablecoin) and Luna (the collateral token).

Aside from its utility and stake token LUNA, Terra relies on many additional stablecoins linked to major fiat currencies, notably TerraUSD (UST). The Terra crypto ecosystem powers retail transactions with minimal costs, rapid settlement, and frictionless cross-border exchange.

Daniel Shin and Kwon, now CEO of Terraform Labs, launched the startup in 2018. Kwon, 29, used to work at Microsoft; Shin now runs Chai, a Terra partner.

Primary features of Terra

  • Terra aims to boost efficiency for payment service providers and value for customers in the rapidly developing Asian e-commerce sector.
  • Terra uses Cosmos blockchain technology to challenge existing retail payment apps.
  • Terra, being a complete end-to-end payment solution, avoids the present fragmented payment infrastructure.
  • Using Terra’s technology may save payment service providers hundreds of millions of dollars annually.
  • The Terra crypto network employs its native LUNA currency as a utility and governance token to manage the collateralising processes that back and safeguard the price stability of Terra’s stablecoins.

Is Terra a promising cryptocurrency?

Terra’s discount strategy, fast settlement, and cheap product purchase costs entice businesses and customers alike.

However, only time will tell if Terra(LUNA) becomes a promising cryptocurrency.

How to use Terra?

  • Staking: Holders of LUNA tokens can stake. When you stake LUNA, you provide the network with those tokens to validate transactions.
  • Voting Rights: Token holders have a role in Terra’s future. As a governance token, Luna holders can vote on the project.
  • Trading: Traders can trade Terra (LUNA) tokens on a cryptocurrency exchange.

Pros & Cons of Terra

Pros

  • The Terra ecosystem also includes a blockchain-agnostic development platform that lets software developers construct their own protocols and dApps on top of Terra.
  • The Terra protocol supports several currency-linked stablecoins.
  • Terra Luna tokens help stabilise its stablecoin. It encourages trade between Luna and stablecoins to boost or decrease supply.
  • Terra introduced Anchor, a savings and lending system. This protocol lets users deposit and earn interest on stablecoins.

Cons

  • Terra is still lagging behind major cryptocurrency initiatives like Ethereum.
  • Most Terra-related cryptocurrency transactions originate in Korea, where its creators reside. It is too early to tell if Terra-related currencies will catch on elsewhere.
  • Terra is less “decentralised” than Ethereum. This may turn off some blockchain purists.

Trade Terra on CoinSwitch kuber

  • Trade-in Terra(LUNA) with just Rs.100
  • User-friendly Cryptocurrency trading platform 
  • No trading fees
  • Invest in Terra(LUNA) without any hassles

Terra ICO summary

The Terra (LUNA) Initial Coin Offering (ICO) finished on March 1, 2019, and raised a total of $ 62,000,000.

FAQs

1. How do I buy Terra?

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To buy Terra, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Terra.

Step 3:

Once you find Terra and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Terra?

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The price of 1 Terra is ₹0.

Note: Terra prices are subject to change in the future based on market trends.

3. What is the price of Terra today?

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The current price of 1 Terra is ₹0.

Note: Terra prices are subject to change in the future based on market trends.

4. Can I buy Terra for ₹100?

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Yes! You can buy Terra for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Terra in rupees?

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The current value of 1 LUNA is ₹0.

6. What is the current trend in Terra?

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LUNA has been NaN% in the last 24 hours.

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LUNA to INR Converter

As per last price at 00:00:00, 01/01/70

INR

LUNA

TRADE LUNA NOW

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