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Convert
Korean Won (KRW) to LUNA Terra 2.0 (LUNA) Instantly

KRW KRW
LUNA LUNA
Buy LUNA Terra 2.0 (LUNA)

Purchase LUNA Terra 2.0 (LUNA) with Korean Won (KRW) 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 KRW 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 direct way to buy Terra 2.0 (LUNA) with South Korean Won (KRW)?

    The most direct method is using a major South Korean cryptocurrency exchange like Upbit or Bithumb. These platforms serve as a fiat on-ramp, but require users to complete strict KYC/AML compliance checks and link a real-name verified bank account for KRW deposits. Once your account is funded, you can place an order on the KRW/LUNA order book to purchase the digital asset.

  • Why is the KRW/LUNA trading pair significant for the Terra ecosystem?

    The KRW/LUNA pair is significant due to the historically strong community and trading volume for Terra projects within South Korea. It provides a highly liquid and direct fiat gateway for Korean investors to access the new Terra 2.0 blockchain and its ecosystem of dApps. High liquidity on Korean exchanges ensures efficient price discovery for this digital asset.

  • What is the core function of the LUNA token on the new Terra blockchain?

    LUNA is the native staking and governance token for the Terra 2.0 blockchain, also known as the Phoenix-1 mainnet. Its primary functions are to secure the network through staking with validator nodes and to grant token holders voting rights on governance proposals that shape the future of the ecosystem. It is distinct from LUNC, the token of the original Terra Classic chain.

  • Are there specific fees to consider when purchasing LUNA with KRW on a Korean exchange?

    Yes. When trading the KRW/LUNA pair, you'll typically encounter several fees. These include maker/taker trading fees on the transaction value, and a LUNA withdrawal fee if you move your tokens to a private wallet, which covers the blockchain transaction cost. While KRW deposits via bank transfer are often free, there are usually fees for KRW withdrawals.

  • After buying LUNA with KRW, what is the best practice for securing my assets?

    For optimal security, especially for long-term holding, it is recommended to withdraw your LUNA from the exchange to a secure, self-custody digital wallet like the official Terra Station wallet. This gives you full control over your private keys. Always back up your seed phrase offline and never share it. Leaving assets on a regulated exchange is convenient for trading but carries inherent counterparty risk.
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