Terra price AUD (LUNA)

Terra price chart

The below Terra price chart tracks the price of Terra against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$19.6B

Volume 24hr

$110.9M

Supply

401.7M LUNA

What is Terra?

Powers Terra protocol
Algorithmic stablecoins
Decentralised financial infrastructure

Created by Daniel Shin and Do Kwon from the Korean blockchain company, Terraform Labs, LUNA is the native token on the Terra protocol which issues stable coins pegged to a country's currency. At any time, anyone can propose to mint new stable coins. In essence, LUNA is a family of programmable digital world currencies open for anyone to transact, save or build on top of.


How does the Terra (LUNA) protocol work?
It’s a decentralised blockchain protocol that leverages a native token, stablecoin protocol oracle system and smart contract to create programmable money for the internet that is used by people all over the world. Fundamentally, Terra helps build stablecoins with instant settlement.

How doe stablecoins on Terra hold their peg?
This feat is accomplished using a price-stability algorithm that automatically alters the supply of an asset to ensure that it maintains its peg. This gives the assets a stable price, whether in AUD, USD or other currency. It’s important to note that the stablecoins created on the protocol are different to LUNA, the Terra protocol's native token. On this page, you can buy LUNA priced in AUD.

Why do investors prefer LUNA over its competitors?
Its unique technology has attracted many investors to buy LUNA, who see it as a better stablecoin than its competitors. Unlike other stablecoins, Terra reduces centralisation with a protocol that functions across multiple blockchains. This is known as interoperability and is made possible thanks to Cosmos.

What layer-1 blockchains is Terra built on?
At the moment, Terra is live on both the Ethereum and Solana blockchains. There is already a roadmap in place for developers to make it interoperable with more blockchains in the near future. Some investors believe these events will have an impact on the Terra LUNA AUD price.

Is Terra decentralised?
Much like other stablecoins, Terra (LUNA) is permissionless and decentralized, making it an ideal fit for the growing digital economy. It’s especially practical for the DeFi space, which greatly benefits from the lower volatility of stablecoins in comparison to other crypto assets.

What technologies does Terra work with?
Within the crypto ecosystem, developers are building Dapps (decentralised apps) using the programming languages Rust, Go and AssemblyScript. They then integrate data from oracle services like Chainlink, such as the price of a fiat currency that a stablecoin is pegged to.

What stablecoins are built with Terra?
Some of the stablecoins running on the Terra protocol include TerraUSD (UST) which is pegged to the US dollar, TerraKRW (KRT) which is pegged to the South Korean won, and TerraSDR (SDT), which is pegged to the IMF’s SDR unit of account. This is only the beginning for LUNA in crypto, as developers plan to build even more stablecoins on the protocol.

What is the LUNA price?
Remember, the LUNA coin price is not pegged to AUD. As the native token for the project, it is used for staking, paying gas fees, and for governance on the platform. Moreover, many people hold the token as an investment as they believe they see the project as a long-term investment. Others trade it, buying when they consider the AUD LUNA price to be low and selling when they see the AUD LUNA price as being high.

How do I buy Terra?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Terra that you would like to buy.
  3. Confirm your purchase and Terra will be instantly delivered to your Cointree account.

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Why is Cointree the best place to buy Terra in Australia?

Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Terra.
Fast and transparent
Buy Terra in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Terra with every dollar invested.
Safe and secure
Buy Terra with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.
Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Terra.
Fast and transparent
Buy Terra in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Terra with every dollar invested.
Safe and secure
Buy Terra with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Terra?

Hold Terra
Many members buy and hold their Terra as a long-term investment. You can hold your Terra in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Terra
You can instantly trade any portion of your Terra for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Terra
When you buy Terra in Australia with Cointree, you can quickly and easily send your Terra to any other Terra wallet.
Spend Terra
You can spend Terra purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Terra every day.
Learn About Terra
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Terra, to an expert holding a diversified portfolio of cryptocurrencies.
Pay Bills With Terra
You can pay your Australian BPAY bills using Terra or any of your other digital currencies.
Hold Terra
Many members buy and hold their Terra as a long-term investment. You can hold your Terra in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Terra
You can instantly trade any portion of your Terra for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Terra
When you buy Terra in Australia with Cointree, you can quickly and easily send your Terra to any other Terra wallet.
Spend Terra
You can spend Terra purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Terra every day.
Learn About Terra
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Terra, to an expert holding a diversified portfolio of cryptocurrencies.
Pay Bills With Terra
You can pay your Australian BPAY bills using Terra or any of your other digital currencies.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.