How to Buy Terra (LUNA) in 3 Simple Steps

Whether you're new to cryptocurrency or an experienced trader, purchasing Terra (LUNA) is straightforward when using a reliable exchange like OKX. Below, we outline the easiest methods to buy LUNA securely and efficiently.

Method 1: Buying LUNA on OKX Exchange (Beginner-Friendly)

Step 1: Create an OKX Account

1. Download the OKX app or visit the official website.
2. Sign up using your email or phone number.

Step 2: Complete Identity Verification

• Verify your identity by submitting a government-issued ID, a selfie, and some personal details.
• This step ensures account security and compliance with financial regulations.

Step 3: Fund Your Account

• Deposit funds via:

  • Bank transfer
  • Credit/Debit card
  • Peer-to-Peer (P2P) trading

Step 4: Buy LUNA

1. Go to the Buy/Sell section.
2. Select LUNA from the list of available cryptocurrencies.
3. Enter the amount you wish to purchase.
4. Confirm the transaction and complete your purchase.

✅ Done! Your LUNA tokens will be credited to your OKX wallet.

Method 2: Trading LUNA on OKX DEX (Decentralized Exchange)

Step 1: Set Up OKX Web3 Wallet

1. Install the OKX Wallet extension or mobile app.
2. Create or import a wallet and securely back up your seed phrase.

Step 2: Deposit Crypto for Trading

• Transfer USDT, ETH, or BNB to cover the purchase cost and network fees.

Step 3: Find LUNA on OKX DEX

• Search for LUNA or paste its contract address to ensure authenticity.

Step 4: Execute Your Trade

1. Select Swap mode for instant trading.
2. Enter your desired amount and adjust slippage tolerance if needed.
3. Confirm and authorize the transaction via OKX Wallet.

✅ Success! Your LUNA tokens will appear in your wallet.

FAQs

1. Which Payment Methods Can I Use to Buy LUNA?

You can fund your account via:

• Bank transfer (1–3 business days)
• Credit/Debit card (instant)
• P2P trading (direct transactions with sellers)

👉 Learn more about payment options

2. Is Buying LUNA Taxable?

Taxation depends on your country. Many jurisdictions treat cryptocurrency sales as capital gains, requiring you to report profits.

👉 Check crypto tax guidelines

3. How Do I Withdraw LUNA to Cash?

• Bank withdrawals take 1–3 business days.
• Debit card withdrawals may be instant.

4. Are Unverified Exchanges Safe?

While some platforms allow anonymous trading, they carry higher fraud risks. For security, use regulated exchanges like OKX.

Why Choose OKX for Buying LUNA?

✅ High Liquidity – Trade with minimal slippage.
✅ Proof of Reserves – Ensures full asset backing.
✅ Secure Verification – Protects against fraud.
✅ Transparent Fees – Competitive rates with no hidden costs.

👉 Start your LUNA investment today

Disclaimer

This guide is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risks—always conduct independent research and consult a financial advisor before trading.

For more details, review OKX’s Terms of Service and Risk Disclosure.