Block Insider
  • News
  • Market Analysis
  • InsightsSoon
  • EnglishEnglish
    • PortuguêsPortuguês
  • Login
No Result
View All Result
Saturday, June 25, 2022
ADVERTISE
SUBSCRIBE
  • News
  • Market Analysis
  • InsightsSoon
No Result
View All Result
Block Insider
No Result
View All Result
Home News

Changelly Integrates Terra Protocol (LUNA) into Ecosystem

Nicholas Say by Nicholas Say
August 2, 2021
Reading Time:2 mins read
Changelly Integrates Terra Protocol (LUNA) into Ecosystem
TelegramTwitterRedditWhatsapp

Changelly, a cryptocurrency ecosystem has announced its integration with Terra protocol.

RELATED POSTS

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

As such, Terra’s token LUNA will join a list of more than 200 cryptocurrencies available on Changelly, allowing users to exchange alone with other digital assets at floating rates on its platform.

Terra is an application-specific blockchain that was developed on the Cosmos SDK and Tendermint consensus.

A suite of algorithms is used by Terra protocol with fiat-pegged stablecoins to underpin a thriving decentralized finance ecosystem which includes Anchor, Chai, and Mirror Protocol.

Now LUNA is Available on Changelly

Terra’s native staking and governance asset, LUNA, also limits the short-term volatility of Terra’s stablecoins, such as TerraUSD (UST). The value of LUNA is accrued through seigniorage, which is also a function of demand for Terra’s DeFi ecosystem.

Speaking about the new partnership, the Changelly team said, “It is a pleasure to work with Terra. We are happy to become partners and believe this collaboration will surely be beneficial and productive for both parties.”

Advertise
ADVERTISEMENT

The platform has been a bridge between crypto exchanges and users since its establishment in 2015. By using the Changelly mobile app, users can easily swap over 200 cryptocurrencies within 10 minutes on both desktops and mobile platforms.

Changelly Creates Liquidity

Changelly is built as an ecosystem providing a range of products and services to bring a quality experience to users when engaging with crypto.

Changelly PRO has been in operation in 2020, and it brings high limits, effective pricing, fast execution, and 24/7 live support for the community.

LUNA is the native staking token developed by the Terra protocol. LUNA’s rules as a foundational asset for the entire Terra network and ecosystem by securing the price stability of Terra stablecoins and modulating the incentives of validators.

Terra commented on the new development, “We are thrilled to partner with Changelly to provide seamless on or off-ramps to the Terra ecosystem. With the singular aim of real-world mass adoption, it is crucial that the fiat-crypto transition is simple, made possible by exchanges like Changelly.”

ShareTweetShareSend
Nicholas Say

Nicholas Say

Nicholas Say is a writer, visual artist, and lover of thought. He has written extensively on cryptocurrencies (Blockonomi, Coinjournal), and sees them as a way for people to come together globally.

Related Posts

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
News

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

March 10, 2022
Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
News

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

March 2, 2022
ByTask Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
News

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

February 24, 2022
News

Buffett’s Company Invests in Crypto-Focused Bank while MasterCard will Offer Crypto & NFT Services

February 18, 2022
News

New Crypto Coalition Stepped in Amidst a Dramatic Tuesday Comeback of Crypto Pricings

February 11, 2022
Facebook Decides to Retreat from Its Banishment on Cryptocurrency Advertisements
News

Facebook’s Dream of Its Global Cryptocurrency Comes to an Official End

February 3, 2022
Next Post

NCR Corporation Set to Acquire Bitcoin ATM company

Gelato Network Partners with Zerion

Gelato Network Partners with Zerion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

IBC Group Shutters Mining Operations in China after Crackdown

IBC Group Shutters Mining Operations in China after Crackdown

July 6, 2021

Major Assets Continue to Decline against Minor Altcoins’ Gain Towards a Possible Crypto Winter

January 31, 2022
Cardano and Wrapped Bitcoin, Price Analysis – 03 September

Cardano and Wrapped Bitcoin, Price Analysis – 03 September

September 3, 2021

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
Block Insider

A financial portal covering Blockchain News, Crypto Insights and Market Analysis.

Recent Posts

  • Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
  • Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
  • Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

Categories

  • Market Analysis
  • News
  • Press Release

© 2022 Block Insider

No Result
View All Result
  • News
  • Market Analysis
  • EnglishEnglish
  • PortuguêsPortuguês

© 2022 Block Insider

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?