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Israeli New Shekel (ILS) to LUNA Terra 2.0 (LUNA) Instantly

Purchase LUNA Terra 2.0 (LUNA) with Israeli New Shekel (ILS) 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 ILS 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 ILS/LUNA trading pair and how does it function on a cryptocurrency exchange?

    The ILS/LUNA pair represents the direct exchange rate between the Israeli New Shekel (ILS) and Terra 2.0's native token, LUNA. It functions as a fiat on-ramp, allowing users to perform a digital asset purchase of LUNA using ILS without first converting to another currency like USD. On an exchange, the order book for this pair shows the liquidity and price at which traders are willing to buy or sell LUNA on the Phoenix-1 mainnet with Israeli currency.
  • Which platforms support direct purchase of Terra 2.0 (LUNA) with Israeli New Shekel (ILS)?

    Direct purchases of LUNA with ILS are typically available on major global cryptocurrency exchanges that offer specific fiat gateways for the Israeli market. Users should look for platforms that explicitly list ILS as a deposit method via bank transfer or credit/debit card and have an ILS/LUNA trading pair. All reputable platforms will require KYC/AML compliance before enabling such blockchain transactions, ensuring secure trading.
  • What technical aspects of the Terra 2.0 blockchain should an ILS/LUNA trader be aware of?

    An ILS/LUNA trader should understand that Terra 2.0 is a new blockchain (Phoenix-1 mainnet) created via a hard fork, and its LUNA token is distinct from the original (now LUNC). It is built on the Cosmos SDK with a Tendermint consensus mechanism. LUNA primarily functions as a governance token for the new Terra ecosystem, giving holders voting rights on proposals. Unlike its predecessor, it is not linked to an algorithmic stablecoin, which significantly changes its tokenomics and risk profile.
  • How can I securely store my LUNA tokens after purchasing them with ILS?

    For secure storage, it is highly recommended to withdraw your LUNA from the cryptocurrency exchange to a non-custodial digital wallet where you control the private keys. The official wallet for the Terra ecosystem is the Terra Station wallet. Using a hardware wallet in conjunction with Terra Station provides the highest level of security. This practice protects your digital assets from exchange-specific risks and gives you full control for actions like staking LUNA.
  • Are there specific advantages to using ILS as a fiat on-ramp to acquire assets in the Terra ecosystem?

    Yes, using a direct ILS/LUNA trading pair offers two main advantages. First, it simplifies the digital asset purchase process for users in Israel, potentially reducing fees by avoiding a double currency conversion (e.g., ILS to USD, then USD to LUNA). Second, it provides a direct entry point into the dApps and governance mechanisms of the Terra 2.0 ecosystem for those holding Israeli New Shekel, streamlining participation in staking and other on-chain activities.
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