The Lemon wallet already allows you to buy the LUNA crypto and the UST stablecoin: how to do it

The Lemon wallet already allows you to buy the LUNA crypto and the UST stablecoin: how to do it

Precisely MOON belonging to TERRA, a blockchain project that has become the seventh cryptocurrency with the largest market capitalization these days. Terra’s goal is to generate stablecoins tied to the world’s major fiat currencies. LUNA can currently be purchased for $83.35, according to the site. CoinMarketCap.

It is in this context that it becomes representative ust, the stable currency that is tied to the value of the US dollar, for which they point out that it is safe and decentralized.

Frank Bianchi, Lemon’s CMO, stated that with the incorporation of new tokens they seek “To form a secure bridge between the decentralized world and the current one to accelerate the evolution of traditional finances and bring the new technologies that are developing within the blockchain closer to the user.”

According to the company, the rates currently paid range from 19.51% per year. However, they explained that since the Anchor protocol is applied, these will be dynamic since “it automatically reviews the relationship between users, funds in the treasury and interest paid.”

In any case, the adjustments it will make will not exceed 1.5% from one month to the next, whether it is an increase or a decrease. This will make users receive the same rate of return for UST as the Anchor protocol every week: precisely the last one was 19.51% per year.

In addition to incorporating the aforementioned token, the BSC network was also added. In this way, they will allow users to withdraw crypto to any virtual wallet with much lower commissions. Additionally, crypto stablecoin USDC was listed with a 12% annual fixed rate.

From Lemon Cash they pointed out that in this context the objective is to expand its offer so that more users can access the latest market trends. And mainly, to be participants in the benefits that the crypto world and the digital economy brings.

How to buy cryptocurrencies

First of all, it is necessary to have access to a platform that operates with cryptocurrencies. In the case of Lemon Cash, it is possible to download the app from the App Store (IOs) or from Google Play (Android).

Then it is necessary to register with an email, complete the requested data and finally access the initial screen of the application with them. From there, money must be credited to start operating.

to load money, it is possible to do it through pesos or other cryptocurrencies. When registering, the user will have a CVU. There you must deposit the money through a transfer that can be made from another bank account. Once the money is credited, the new balance will appear in the Lemon Cash account and in this way you can start buying assets.

Source: Ambito

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