LUNA is a token on the Terra 2.0 blockchain. The ticker initially represented the token that is now known as LUNC, Luna Classic, and was responsible for keeping the value of UST, Terra’s stablecoin, steady. LUNC crashed when UST was depegged from the U.S Dollar. With the creation of Terra 2.0, all of the project’s stablecoins remained on the Terra Classic network. LUNA was created to revive the Terra network and is now the main staking asset of the chain. However, if you are looking for a stablecoin particularly, there are many options available on the crypto market.
USDT, a digital asset introduced by the Tether network, is one of the most well-known stablecoins on the said market. Whilst, Terra specialized in algorithmic stablecoins, USDT is fiat-collateralized, meaning that it is backed by Tether reserves to maintain its value. The combination of fiat stability and crypto opportunities creates an appealing asset that links decentralized and traditional finance.
Both tokens have left their mark in the crypto industry. However, if you are concerned about the controversy surrounding Terra and the unpredictability of its tokens it might ensue, stablecoin could be a good option for you.
With ChangeNOW, LUNA to USDT conversions are simple, transparent, and you don’t even need to register. Let’s say you want to convert 1 Terra to USDT:
The current 1 Terra to Tether USD (Ethereum) exchange rate is 0 USDT. There are no limits to LUNA to USDT swaps here, so feel free to use ChangeNOW no matter how many coins you need to exchange!
Before swapping coins, feel free to use our Terra to Tether USD (Ethereum) calculator to see how many USDT you’ll receive. Simply enter the required amount in LUNA, and let our LUNA to USDT converter determine the approximate exchange rate.
Not looking to convert LUNA to USDT? There are no limits on the cryptocurrencies you can use for our exchange service! Choose any crypto pair and enjoy our generous rates, fast transactions, and precise exchange amounts!
ChangeNOW is a versatile service that offers many different options to exchange Terra. We aim to provide a platform where users can manage all popular cryptocurrencies, exchange between them, and easily diversify their cryptocurrency portfolio.