The original Terra has rebranded to Terra Classic and a new chain is created with the existing Terra name. To buy Terra at the current rate, the top cryptocurrency exchanges for trading in Terra stock are currently OKX, Bybit, MEXC, BingX, KuCoin, and Binance.
What Is Terra 2.0 (LUNA)?
Terra Classic launched in January 2018 Terra (LUNA) is a public blockchain protocol that arose from the Terra Classic launched in January 2018 platform. Terra Classic offered stable coins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights basket of currencies.
Terra Classic is the home of Terra Classic USD, an algorithmic stable coin (UST). It’s currently known as the LUNC token collateralized UST, and it went bankrupt in May 2022.
As a result, LUNA’s value plummeted to almost nothing, prompting the creation of a new chain, Terra Classic, and Terra. Terra will continue without its algorithmic stablecoin UST and aims to preserve the Terra ecosystem with hundreds of developers working on different decentralized applications.
Where Can You Buy Terra 2.0 (LUNA)?
Several centralized exchanges committed to trading the new LUNA token, such as Huobi, Bitrue, Bitfinex, FTX, KuCoin, Gate.io, Bybit, and LBank. Here is a list of the exchange that supports LUNA 2.0