How to Buy Luna Classic

Buying luna classic in United States

Buying luna classic in United StatesThe United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Luna Classic (LUNC) Key Data
Price $
0.00017767
24hr %
-1.61%
Mkt Cap $
0.06b
24hr High
0.00018250
24hr Low
0.00016965
The original terra luna crypto that crashed in May 2022 when the UST stable coin lost its peg and never recovered
Luna Classic on Telegram

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy luna classic at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros
  • It can be used to trade against fiat options
  • Robust security measures
  • Free SEPA deposits in Europe
Cons
  • Not a very beginner-friendly interface.
  • No card deposit options
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Open a Uphold Account

Uphold Disclaimer: Asset availability on the Uphold platform is subject to region. All investments and trading are risky, and may result in the loss of capital. Cryptoassets are largely unregulated and are not subject to protection

Uphold

Based in Charleston, South Carolina. Serves over 184 countries and has done over $4 billion in transactions. Offers convenient options to swap between crypto, fiat, equities, and precious metals.

Pros
  • Open to US residents
  • Integrated with Brave Browser
  • Over 50 different coins
  • Also offers precious metals and equities
  • Convenient and cheap deposit/withdrawal methods
Cons
  • High trading fees
  • Smaller coin selection compared to some
  • No Paypal withdrawal option
  • No instant debit card withdrawals
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