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Convert
Peruvian Sol (PEN) to LUNA Terra 2.0 (LUNA) Instantly

PEN PEN
LUNA LUNA
Buy LUNA Terra 2.0 (LUNA)

Purchase LUNA Terra 2.0 (LUNA) with Peruvian Sol (PEN) 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 PEN 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 are the primary methods for converting Peruvian Sol (PEN) to Terra 2.0 (LUNA)?

    The most direct method to convert PEN to LUNA is through a cryptocurrency exchange that supports Peruvian fiat on-ramps. This process typically involves completing KYC/AML compliance, depositing PEN via local payment methods like a BCP or Interbank transfer, and then executing a trade on the PEN/LUNA order book. P2P platforms can also serve as a viable alternative fiat gateway.

  • Why is a direct PEN/LUNA pair important for accessing the Terra 2.0 ecosystem?

    A direct PEN/LUNA trading pair provides a streamlined entry point for users in Peru into the Terra blockchain ecosystem. It eliminates the need for intermediate currency conversions (e.g., PEN to USD), reducing potential fees and slippage. This allows for more efficient acquisition of LUNA, which serves as a primary governance token and utility asset for engaging with dApps on the Phoenix-1 mainnet.

  • What should I know about transaction fees and times when using PEN to buy LUNA?

    When using Peruvian Sol for a digital asset purchase like LUNA, fees can vary. Expect deposit fees from your bank (e.g., using BCP or Interbank), trading fees from the cryptocurrency exchange (often a percentage of the trade value), and a network fee for withdrawing your LUNA. PEN deposits via bank transfer can take several hours to a business day, while the actual blockchain transaction for LUNA is typically much faster.

  • How do I securely store my LUNA tokens after purchasing them with PEN?

    After acquiring LUNA via a PEN transaction, it is critical to transfer your assets from the exchange to a secure digital wallet where you control the private keys. The recommended non-custodial wallet for the Terra 2.0 ecosystem is the Terra Station wallet. This ensures you have full sovereignty over your tokens on the Phoenix-1 mainnet and protects them from exchange-related risks.

  • Can I participate in LUNA staking immediately after buying with Peruvian Sol?

    Yes. Once your PEN to LUNA purchase is complete and you have withdrawn the tokens to a compatible wallet like Terra Station, you can immediately engage with the Terra network's Proof of Stake (PoS) mechanism. This involves delegating your LUNA to validators to help secure the network, and in return, you can earn staking rewards, making your digital asset productive.
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