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Convert
Brazilian Real (BRL) to LUNA Terra 2.0 (LUNA) Instantly

BRL BRL
LUNA LUNA
Buy LUNA Terra 2.0 (LUNA)

Purchase LUNA Terra 2.0 (LUNA) with Brazilian Real (BRL) easily at Switchere and benefit from fast, secure transactions.

About
LUNA Terra 2.0 (LUNA)

Terra 2.0 (LUNA) represents a new public blockchain launched as a community-driven initiative to revive the vibrant Terra ecosystem following the de-pegging of its original algorithmic stablecoin, UST. This new digital ledger operates independently of the original chain, now known as Terra Classic (LUNC), and crucially, does not feature an algorithmic stablecoin in its design. The primary objective is to preserve the valuable developer community and the wide array of decentralized applications (dApps) that were built on the original Terra network, providing them with a new foundation for growth and innovation within Web3 infrastructure.

Built using the Cosmos SDK and secured by the Tendermint proof-of-stake consensus mechanism, the Terra 2.0 blockchain prioritizes performance and interoperability. The native digital asset, LUNA, is central to the network's operation. Its primary functions are as a utility token for transaction fees and as a staking token, where validators and delegators lock up LUNA to secure the decentralized network and earn rewards. Furthermore, LUNA serves as the governance token, empowering holders to vote on key on-chain governance proposals that direct the future development and treasury management of the ecosystem, aiming to rebuild a robust hub for DeFi applications.

LUNA Terra 2.0 (LUNA)

How to Buy LUNA Terra 2.0 (LUNA)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose BRL to LUNA Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your LUNA Terra 2.0 Wallet Address

    Provide your LUNA wallet address and proceed with the payment.

  3. 03

    Receive Your LUNA Terra 2.0

    Complete the payment, and your LUNA will be sent to your wallet.

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Frequently asked questions

  • What is the most common way to buy Terra 2.0 (LUNA) with Brazilian Real (BRL)?

    The most common method is through a centralized cryptocurrency exchange that offers BRL as a fiat on-ramp. Users typically complete a KYC/AML verification, deposit Brazilian Reals using fast payment systems like PIX or traditional bank transfers (TED), and then execute a trade on the LUNA/BRL order book. Using PIX is often preferred for its near-instant transaction speed and low costs, providing a direct gateway to the Terra 2.0 ecosystem.

  • What is the function of the LUNA token within the Terra 2.0 network?

    In the Terra 2.0 ecosystem, which runs on the new 'Phoenix-1' chain, the LUNA token primarily serves two functions: governance and staking. LUNA holders can stake their tokens with validators to help secure the network and in return, earn staking rewards. Additionally, staked LUNA grants holders voting power to participate in the on-chain governance, allowing them to influence the future direction of the protocol and its dApps. It is no longer used to algorithmically stabilize a stablecoin.

  • After buying LUNA with BRL, what is the best way to store it securely?

    For optimal security, it is highly recommended to move your LUNA from the cryptocurrency exchange to a non-custodial digital wallet where you control the private keys. The official wallet for the Terra 2.0 ecosystem is Terra Station. By transferring your LUNA to a Terra Station wallet, you gain full control over your digital assets. Always ensure you securely back up your seed phrase and never share it with anyone. For an even higher level of security, consider using a hardware wallet compatible with Terra Station.

  • Are there specific Brazilian regulations to be aware of when trading the LUNA/BRL pair?

    Yes, when trading any digital asset pair with Brazilian Real, you must use an exchange that complies with local regulations. This includes adherence to KYC (Know Your Customer) and AML (Anti-Money Laundering) policies mandated by Brazilian authorities. Furthermore, the Brazilian Federal Revenue (Receita Federal) requires residents to report their cryptocurrency holdings and transactions. Ensure the chosen trading platform is compliant with CVM (Securities and Exchange Commission of Brazil) guidelines where applicable to ensure a secure and lawful trading experience.

  • What are the typical fees involved when converting BRL to LUNA?

    There are generally three types of fees to consider. First, a deposit fee for your BRL, which is often zero if using PIX but can vary with other methods like TED. Second, the trading fee on the exchange, which is a small percentage of the transaction value and differs for 'makers' (who add liquidity) and 'takers' (who remove it). Third, if you move your LUNA to an external wallet like Terra Station, you will pay a network transaction fee, which is a small amount of LUNA used to process the on-chain transfer on the Phoenix-1 blockchain.
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