LUNA/USDT trading is live on WazirX! Share this
LUNA is a part of our Rapid Listing Initiative. Hence, we have started LUNA trading without enabling its deposits and withdrawals. What does it mean for you?
Don’t worry, you’ll be able to deposit/withdraw LUNA on WazirX very soon. Read more about the Rapid Listing Initiative here.
Terra is an algorithmic stablecoin platform, operating on a Proof of Stake (PoS) blockchain infrastructure built with Tendermint. LUNA is the token of the Terra platform and is used in the issuance of stablecoins (TerraSDRs), as a price stability mechanism, as well as for staking and network governance. In order to stabilize the value of TerraSDRs with their respective pegged currencies, users can redeem LUNA tokens in exchange for TerraSDRs and vice versa.
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Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading los
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