Why can't I sell my Luna on Crypto com?
Trading and deposits/withdrawals of LUNA will be temporarily suspended on the Crypto.com App and Exchange (Spot, Margin, and Lending)* starting from 26 May 2022, 12:00 UTC, until further notice. Existing LUNA balances will be converted to LUNC after the Terra chain migration.
Trading Resumption
LUNC will resume trading, deposits and withdrawals in the App and Exchange via Terra Classic. LUNA2 will be listed in the App and Exchange. Trading, deposits and withdrawals will be enabled at the same time.
Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the community.
With LUNA losing 99.9 per cent of its value, Terraform Labs (the company behind Terra) laid out a plan to sell their entire Bitcoin reserves to bring back the peg to $1, which they eventually failed to do. As a result, it wiped over $40 billion out of the crypto market.
The 2 most reputable exchanges that support the trading of LUNA are Gemini and Voyager. Unlike Robinhood and SoFi, these exchanges let users send and receive cryptocurrency from their exchange wallets.
- Open the Crypto.com application.
- Link a preferred bank account if you haven't already. ...
- At the bottom of your screen, you will see a pop-up that gives you two options, respectively “deposit” and “withdraw”.
- Select “Withdraw”.
| Potential Low | Average Price | Potential High |
|---|---|---|
| $2.3359 | $2.639 | $3.0998 |
The Terra platform behind the Luna cryptocurrency said Thursday afternoon that it had temporarily shut down its blockchain to stop transactions after the token's price crashed nearly 100% overnight, making the network prone to a possible attack.
The Luna 2.0 crypto exchange support continues to grow, and with it so does this trading suspension. Of course, this won't really affect Luna 2.0 or the Luna 2.0 price, as the new coin has not yet launched. Instead, it is Luna Classic trading which has been suspended.
The luna cryptocurrency has been resurrected after its $40 billion collapse. It's already crashing. Terra has launched a new version of its failed luna cryptocurrency, which plunged to $0 this month. At its height, the old luna — now known as “luna classic” — had a circulating supply of over $40 billion.
Can Luna go back to 1 dollar?
If the burns keep on increasing, the price of Terra Luna will may go to $1.
The Terra Ecosystem Revival Plan was passed by the Terra community on 25 May 2022, and approved the creation of a new blockchain and a new native token. According to Terra's website, the new Terra 2.0 network launched on 27 May 2022.
- Enter amount to sell. Enter the amount of Terra Luna Classic (or AUD equivalent) you would like to sell.
- Confirm & sell. Click 'Sell' to confirm your Terra Luna Classic sale. Your sale will process within minutes.
- That's it! You've sold Terra Luna Classic!
Go to CoinMarketCap and search for Luna Coin. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Luna Coin as well as the currencies you can use to obtain it. Under “Pairs” you'll see the shorthand for Luna Coin, LUNA, plus a second currency.
- Sign in to the exchange you have LUNA on.
- If you store your Terra in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of LUNA you'd like to convert or sell.
- Navigate to your account “Balance.”
- Select “Trade” and press “Sell.”
- Choose the currency you want to sell.
- Press “Crypto Wallet.”
- Adjust the currency amount you're going to sell.
- Hit the “Confirm” button.
Crypto.com How To Sell For Money - How To Sell To Fiat Wallet Bitcoin
Withdrawals- Processing Time
Withdrawals to an external address may take 2-3 hours to process. Withdrawals to the Crypto.com App are instant.
In accordance with the price forecasts presented above, the majority of experts suppose that LUNA may reach $1,000 approximately by 2028.
It expects Terra Classic to see a gradual climb and hit $0.002 in 2028. According to its LUNA coin price prediction for 2030, the cryptocurrency is expected to reach $0.003 that year. EconomyWatch's LUNA coin price prediction is wildly more optimistic.
What will LUNA be Worth in 2022?
Still, from the same source, the forecast of LUNA prices in mid-2022 could touch 170 USD. While the predictions from the other experts say that LUNA can pass the average price level of 130 USD in 2022, the minimum projected value of the token trading price could be 131.15 USD at the end of this year.
As a reactionary measure against the ongoing uncertainty within the Terra ecosystem, Binance suspended all withdrawals for LUNA and UST tokens for six hours (between midnight to 6:00 AM EST), citing a high volume of pending withdrawal transactions.
Luna's downfall started over the weekend when its sister token UST, which is a stablecoin, de-pegged from its $1 value after big investors started dumping millions of dollars' worth of UST over the weekend.
If this is your first time using Terra Station, follow the Terra Station tutorial. Open Terra Station and connect to your wallet. Click Wallet in the navigation bar. Click Send next to the token you want to send.
ERC-20 $LUNA is now trading on @OKEx!
How To Transfer From Crypto.com To Binance - YouTube
Sending LUNA To Crypto.com? (WATCH THIS FIRST) - YouTube
- Visit the Terra Bridge and connect your wallet.
- Select the blockchain(BSC/Ethereum)
- Enter the amount that you wish to transfer.
- Open MetaMask and select the wallet.
- Click on Import tokens.
- Copy Luna Classic's address and symbol.
- Click on add custom tokens.
Crypto.com, one of the other major exchanges, remained silent on a Luna 2.0 listing for some time. However, they have now confirmed it would support the Luna airdrop. While some of the leading exchanges have said yes to the new Luna token, this is not the case for all places.
Claim Your $LUNA 2 AIRDROP & Stake Your EVMOS NOW! - YouTube
