Where To Buy Luna: How To Buy Terra Luna After Collapse

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May 26, 2022: Updated to include references to Luna 2.0 and Luna Classic.

Amid the Luna crypto crash and Luna delisting from several crypto exchanges, many users are still wondering how to buy Luna, and whether exchanges are still offering LUNA/UST trading.

With the Luna circulating supply floating in trillions, Luna's recovery is still a big question. However, it is not deterring users from purchasing the coin even after it suffered a huge price drop.

Many holders are banking on the Luna recovery plan to help Luna come back stronger. As Luna continues to sit below $0.01, others are asking where to buy Luna now the cryptocurrency has been delisted on some exchanges.

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How To Buy Terra Luna

Most of the headlines surrounding Terra Luna's delisting would suggest it had been fully removed from exchanges. However, you can still buy and trade Luna on most of the exchanges that originally supported the cryptocurrency.

The likes of Crypto.com, Binance, and KuCoin, for example, temporarily paused transactions relating to Luna and UST. These have since restarted, however.

The following exchanges are among those that still support Luna purchases:

  • Binance
  • KuCoin
  • Huobi
  • FTX
  • Gate.io
  • Bybit
  • Kraken
  • Crypto.com
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Luna is still available on several other platforms not listed above. You can check on CoinMarketCap to see which platforms are still trading Luna.

While Binance still supports Luna, it did remove several trading pairs with the currency amid the collapse. UST also suffered a similar fate. At the moment, users can spot trade Luna on the crypto exchange Binance in LUNA/BUSD and UST/BUSD pairs.

While some outlets suggest you can buy Luna on Coinbase, this is not true. Announced as a new Coinbase listing, the exchange said it would list Luna by the end of June. However, the Luna Coinbase listing will no longer happen, the exchange has confirmed. Coinbase does still support Wrapped Luna, although only until May 27.

All the crypto exchanges have, however, issued alerts and warnings urging users to conduct proper research before resuming trading in volatile coins such as UST and Luna. An influx of new Luna holders has entered the market hoping to "buy the dip" amid the crash.

However, there is a big caveat here when buying Luna.

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How To Buy Luna 2.0 and Luna Classic

From May 27, the question of how to buy Luna gets pretty tricky. This is due to the upcoming launch of a new Terra chain that will divide the existing Luna ecosystem.

After the Terra Luna vote passed a new chain, there will be two Luna tokens - Luna 2.0 and Luna Classic.

Luna 2.0 is the new coin on the new Terra 2.0 chain. The list of Luna 2.0 crypto exchanges that will support Luna 2.0 is growing as its launch gets closer. These exchanges will support the upcoming Luna 2.0 airdrop, too, which will see Luna Classic holders allocated the new coin.

Luna Classic will be the existing Luna, meaning that if you currently hold Luna, you are actually holding Luna Classic. Tickers and wallets are expected to make the name change in the coming days.