CEX.IO Announces It Is Listing Terra (LUNA)

Cryptocurrency exchange CEX.IO has announced that it has listed LUNA, the native token of Terra’s blockchain.

A few days ago, one of the oldest crypto exchanges, CEX.IO, announced that it has listed LUNA. It is one of the hottest cryptocurrencies at the moment.

The Terra blockchain was founded by Do Kwon and Daniel Shin about four years ago. It is a blockchain protocol that powers price-stable global payment networks with fiat-pegged stablecoins. Furthermore, it combines the price stability and use of fiat currencies with the censorship resistance of Bitcoin (BTC) to provide fast and cost-effective transactions.

Terra’s ecosystem has also produced a number of decentralized applications in areas such as:

  • real estate
  • betting
  • e-commerce
  • insurance

Terra’s native currency is Luna. It is, therefore, a network token with a wide range of uses that are essential to the Terra platform’s success. It was created for governance and mining. Also, it may be used to:

  • create stablecoins
  • pay network fees
  • vote in governance polls
About CEX.IO

CEX.IO was one of the first cryptocurrency exchanges to accept credit card and bank transfer payments. Although it began in the United Kingdom, it is now licensed and regulated in the United States. In addition, this exchange also includes various useful features, such as a cryptocurrency staking program.

These are the best features of CEX.IO:

  • Staking

The Earn program allows you to earn incentives on your crypto holdings. Moreover, it is one of CEX.IO’s greatest features. Customers in the United States can stake Cardano (ADA), Solana (SOL), Polkadot (DOT), Polygon (MATIC), and Tezos (XTZ), among other cryptocurrencies.

  • Multiple trading options

Charts and a number of order types are available on the default spot trading interface. CEX.IO also has an easy-to-use Instant Buy option. Simply enter the type of cryptocurrency you want to buy and the amount you want to invest. Margin trading is also possible. However, it is not available in the United States. Furthermore, there is CEX.IO Prime, the exchange’s trading platform for enterprises.

More Details

It is important to note that CEX.IO is a very safe cryptocurrency exchange. Since its inception in 2013, this exchange has never lost any of its customers’ cryptocurrency funds.

Here are some of the security features that CEX.IO has:

  • All withdrawals on CEX.IO must be confirmed by email.
  • CEX.IO holds a significant portion of all crypto balances in “cold storage,” so it is not connected to the internet.
  • Two-factor authentication (2FA) is available on CEX.IO using Google Authenticator or SMS.

To summarize, you need to consider CEX.IO exchange if:

  • You’re searching for a cryptocurrency exchange where you may stake your coins and earn rewards.
  • You’d like to be able to buy and sell cryptocurrencies with different payment options.
  • You’ve traded cryptocurrency before and don’t want to use a platform for beginners.

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