How does Tether compare to Terra (UST) stablecoin?
A post by Margaret Boucher
Platform | Terra Luna Classic | Bitcoin |
---|---|---|
FMFW.io | 1 LUNC | 0 BTC |
To buy Terra Luna Classic using Bitcoin, first, find a cryptocurrency exchange that supports the LUNC/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the LUNC/BTC pair on the trading platform and place an order to exchange your Bitcoin for Terra Luna Classic. If the LUNC/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Terra Luna Classic. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Terra Luna Classic for Bitcoin, first, find a cryptocurrency exchange that supports the LUNC/BTC trading pair. Create an account, verify your identity, and deposit your LUNC into your exchange wallet. Locate the LUNC/BTC pair on the trading platform and place a sell order to exchange your Terra Luna Classic for Bitcoin. If the LUNC/BTC pair is unavailable, you can first sell Terra Luna Classic for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.