Luna (LUN) Launched on the CryptoAltum Trading Platform
What is Luna?
Luna is the native currency of Terra, a peer-to-peer, open-source proof-of-stake blockchain for deploying algorithmic stablecoins pegged to fiat currencies like the Euro, USD, JPY, GBP, and more built by Terraform Labs. The network is designed for price stability to promote the global adoption of crypto solutions. It combines the best of fiat currencies and Bitcoin features. Terra underpins the rapidly growing DeFi ecosystem. LUNA, its native currency, is for governance, paying network fees, and managing issued stablecoins.
Why Trade Luna with CryptoAltum?
Terra is gearing up to be a serious competitor of Ethereum in DeFi. Over the years, Terra has evolved to be one of the most valuable DeFi tokens surpassing other solutions in Ethereum like UNI. Even with an incentivized system, the network would still maintain its global users due to Terra's new burning mechanism and its role in DeFi. CryptoAltum is listing LUNA and pairing it with the USDT, BTC, ETH, and other fiat and crypto assets, giving traders options. LUNA can be traded with up to 50X leverage.
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