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Swedish Krona (SEK) to LUNA Terra 2.0 (LUNA) Instantly

Purchase LUNA Terra 2.0 (LUNA) with Swedish Krona (SEK) 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 SEK 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 primary method for purchasing Terra 2.0 (LUNA) with Swedish Krona (SEK)?

    To purchase the new LUNA token with Swedish Krona, you must use a cryptocurrency exchange that offers a SEK fiat on-ramp. The standard procedure involves creating an account, completing mandatory KYC/AML verification, and then funding your account with SEK. Common deposit methods include SEPA transfers from a Swedish bank account or credit/debit card purchases. Once funded, you can execute a trade on the SEK/LUNA trading pair to acquire the digital asset.
  • How does the current LUNA token differ from the original Terra Classic (LUNC)?

    It's a critical distinction. The LUNA token traded today is native to the new Terra 2.0 blockchain (Phoenix-1 mainnet), which was launched after the original chain's crisis. The original blockchain was rebranded to Terra Classic, and its token is now Terra Classic (LUNC). The new LUNA is focused on rebuilding the Terra ecosystem of dApps and is used for on-chain governance proposals and staking, independent of the old chain's assets.
  • What are the typical fees associated with converting SEK to LUNA on an exchange?

    Transaction costs for the SEK/LUNA pair typically involve two components: deposit fees and trading fees. Depositing SEK via a SEPA transfer is often low-cost or free, while using a credit/debit card usually incurs a higher percentage-based fee. Once deposited, the exchange will charge a trading fee (maker or taker fee) when you execute your buy order on the order book. These fees vary significantly between platforms, so it's wise to compare them.
  • After buying LUNA with SEK, what is the best way to store it securely?

    For optimal security, you should transfer your LUNA from the exchange to a wallet where you control the private keys (self-custody). The official Terra Station wallet is a common choice for interacting with the Terra 2.0 ecosystem. For an even higher level of security, particularly for significant holdings, using a hardware wallet that supports the Terra blockchain is the recommended best practice. This protects your digital assets against online threats and exchange-specific risks.
  • Why is the liquidity of the SEK/LUNA trading pair an important factor for traders?

    High liquidity in a trading pair like SEK/LUNA is crucial because it ensures that there are enough buy and sell orders in the order book at any given time. This leads to a tighter bid-ask spread and reduces price slippage, meaning you are more likely to execute your trade at the expected price. For traders, a liquid market allows for efficient entry and exit from positions without significantly impacting the market price of the LUNA token.
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