- Bit2Me, Spain's leading cryptocurrency financial services platform, has integrated LUNA, Terra's native and governance token, into its suite of services through Bit2Me Wallet.
- Terra's governance token is one of the fastest-growing tokens over the past year, with a value increase of more than 12.000% since October 2020.
Bit2Me announces the integration of Terra (LUNA) to its Suite of financial services in cryptocurrencies, . The company, a pioneer in Spain in offering access to the world of digital assets, reported that the purchase-sale, storage, exchange and withdrawal with the LUNA token is now available through Bit2Me Wallet, its flagship product.
LUNA joins the list of 67 cryptocurrencies which are already available on the Bit2Me platform, to continue diversifying the options that the company offers to its clients and users in the crypto space.
Bit2Me wants to continue providing the best experience, facilitating access to the most promising cryptocurrency projects in the industry through an innovative, fast, secure, reliable and accessible solution for everyoneFrom Bit2Me Wallet, platform users can buy, sell, send, receive, store and exchange a wide variety of cryptocurrencies and euros.
The integration of LUNA into Bit2Me Wallet occurs just a few weeks after the end of the most successful ICO ever seen in Spain so far, with which raised 20 million euros in less than 3 minutes.
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What is Terra (LUNA)?
Terra, which translated from Latin means EarthTerra is a DPoS blockchain designed to power and support algorithmic stablecoins pegged to different existing fiat currencies. To date, the stablecoins KRT, pegged to the Korean won; UST, pegged to the US dollar and MNT, pegged to the Mongolian tugrik, are part of the Terra algorithmic stablecoin ecosystem. This project groups a total of 131 active projects within its chain.
Through this blockchain network, its developers seek to provide efficient alternatives that guarantee price stability in stable currencies combined with the efficiency, transparency and decentralization of Bitcoin (BTC), the world’s first and largest cryptocurrency. Simply put, Terra was born to boost blockchain adoption by enabling global, scalable, and censorship-free payments through algorithmic cryptocurrencies with stable prices.
LUNA, the native cryptocurrency of this blockchain and which acts as a governance token, allows the network to guarantee the stability of the prices of the stablecoins that are developed in its ecosystem. Likewise, being a governance token, its holders can vote on different actions and decisions regarding the future and development of the blockchain network.
Daniel Shin and Do Kwon began development of Terra in January 2018. A year later, they released the whitepaper of the project and in April 2019 threw officially the network.
LUNA, more than 12.000% growth
The Terra Governance Token It is one of the fastest growing in the last year, with an increase in value of more than 12.700% since October 2020. The market capitalization of this cryptocurrency reaches $15.900 billion at the time of writing this article, ranking eleventh among the most important cryptocurrencies in the industry.
Source: CoinGecko
Over the past two weeks, LUNA has seen a 14% rise. At press time, LUNA is trading at $39,6 per unit. Terra’s integration with the Cosmos multi-chain network and the soon-to-be-released bridges that will improve Terra’s interoperability and compatibility with other networks are behind the cryptocurrency’s current bullish momentum in the market.
About Bit2Me
Bit2Me is a cryptocurrency company founded in Spain in 2014, which offers 20 innovative solutions and products through Bit2MeSuiteThe company allows anyone to participate in the financial and technological revolution represented by cryptocurrencies and blockchain. With more than 300 thousand private, professional and institutional clients located in different countries around the world, Bit2Me has managed operations worth more than 3.500 billion euros.
Bit2Me Academy, one of its first initiatives in the crypto world, is training more than 2 million students each year, becoming the largest cryptocurrency training portal in Spanish today, with more than 400 free articles, certified courses y clips for those interested in learning all about the new technologies that are revolutionizing the entire world.
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