Terra (LUNA) Wallet

Terra is a public blockchain protocol with 100+ projects across DeFi, Web3, and NFTs. Hold, and exchange LUNA through our multicurrency crypto wallet.

Excellent Score 4.6 on Excellent Rating on TrustPilot

What is Terra?

Terra is a blockchain that helps users create stablecoins and power price-stable global payments systems. It was founded in January 2018 by Daniel Shin and Do Kwon. Terra’s currencies were LUNA and UST. Currently, Terra has Luna Classic (LUNC) and Luna 2.0 (LUNA).

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Terra (LUNA) Classic Wallet | Guarda Wallet

Terra Price

(LUNA/USD)

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with our crypto wallet

Use your Terra wallet web on MacOS, Windows and Linux.

Guarda is a non-custodial wallet, so only users have access to their assets.

Decentralized application based on the principles of transparency, availability, privacy & security.

Send, receive and hold more than 400K crypto assets.

Access your account with the web version of the wallet on MacOS, Windows and Linux.

Manage your Terra on Android and iOS wallets right on your phone.

Stake various crypto and earn profit.

Order Guarda Visa Card and pay with crypto almost anywhere.

Why Choose Us

Available everywhere

Buy сrypto assets all around the globe using the local currency of your bank account.

Fast payment

Buy crypto with a credit / debit card, Apple Pay, Union Pay, via SEPA.

Excellent customer service

Guarda Wallet stands out for providing responsive and reliable customer service 24/7

Desktop/Mobile versions

Use LUNA online wallet, desktop wallet or download our mobile wallet app. Also, iOS and Android apps are available to manage your wallet on your phone.

High Customer Trust level

Guarda has been working since 2017 to gain customers' trust and recognition. Excellent rate 4.7 on TrustPilot, 4.8 on Investopedia.

Top security wallet for your crypto assets

Guarda Wallet is a non-custodial wallet, so we don’t store private data, backup files, or keys. Only users have access to their personal data. Users are the only ones who have access to private information. No transactions can be tracked by third party. Fingerprint authentication and PIN protection are some of the available security features.

Multisigs feature is available (BTC, ETH)

2FA authentication & Face ID

Back up files only you have access to

Total privacy and anonymity

Be In Charge of Your Crypto

Guarda is an ultimate solution for modern crypto management. You can do it all from the comfort of one single app. Earn with staking, Purchase, Instantly Exchange at best rates, get crypto loans, add extra security layer with Multisignature, and the list goes on.

LUNA Classic (LUNC)

LUNC is the native currency of Terra. It was used to stabilize the price of the protocol's stablecoins. LUNA holders could become validators, so they could help secure networks and earn rewards. Moreover, they were able to submit and vote on governance proposals. The LUNA token and UST, a Terra algorithmic stablecoin, depended on each other. LUNA backed UST and was burned when demand for UST was raised.

LUNС Collapse

However, everything changed at the beginning of May, when UST began to plunge to 10 cents. LUNA fell from an all-time high of $119,51 to almost zero. Terraform Labs tried to stabilize UST and LUNA through its BTC reserves, but they didn’t manage to return the 1:1 peg of UST to USD. The crypto world witnessed the first “crypto bank run” in history after the algorithmic stablecoin UST depegged.

Terraform Lab co-founder Do Kwon immediately started to develop new plans for LUNA revival, suggesting a new chain without UST. However, the community criticized the hard fork idea.

Since UST was in the TOP-3 by capitalization, Terra made a lot of noise, and the network held second place in the decentralized finance sector right after Ethereum. For this reason, the validators voted to revive the blockchain and keep the Terra (LUNA) brand. So that’s how LUNA 2.0 has appeared.

LUNA 2.0

At the end of May 2022, Terraform Lab announced launching LUNA 2.0. The current LUNA token is rebranded to LUNC (LUNA Classic), and the new token LUNA 2.0 has the ticker LUNA. Holders of LUNC, USTC (UST Classic), and aUST (staked UST) were airdropped LUNA tokens from the new chain. It is not a hard fork but a genesis chain. The apps on the previous chain LUNC don’t pre-exist on the revived chain. UST also is not supported by the revived Terra.

The mainnet was activated on May 28, 2022, with the airdrop for eligible LUNA and UST holders. Many exchanges have supported the Terra Revival. For example, Binance has recently revealed that they have been working with Terra on the Luna 2.0 to support its holder’s community, so the exchange does welcome both the new LUNA chain and token. Moreover, the revived LUNA will be backed by Huobi, Bitfinex, Bitrue, HitBTC, FTX, and us - Guarda Wallet.

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FAQ

1. What is the best Terra wallet?

Guarda is one of the best wallets according to Investopedia.com and Hackernoon.com for Terra. Guarda is a non-custodial wallet that supports more than 400K+ assets. Use an online wallet right in your browser or download a web/mobile version.


2. How do I get an Terra wallet?

You can download the application from the Apple AppStore, or Google Play, or install a desktop wallet. You can also use an online wallet. Create an account on Guarda; Set a strong password and save your wallet backup; Create a wallet and add your LUNA.


3. How to get an LUNA wallet for Android or iOS?

Download Guarda from AppStore or Google Play; Create an account on your Guarda Wallet; Tap the “Receive” button in app; Paste the generated address or scan the QR code when sending coins from an external wallet or exchange to Guarda.


4. Is Guarda Wallet app safe?

Guarda is a non-custodial crypto wallet. Guarda stores no private data, backup files, or keys, and no one has access to the user's wallet. Users are the only ones who have access to private information.
Security features include: fingerprint authorization; PIN code; backup file