Claim your LUNA’s on bit4you!

BIT4YOU.io
3 min readJun 24, 2022

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Terra Luna’s LUNA coin has created a lot of buzzes this year! It’s no wonder that it was a tough month. As you know, investors have suffered substantial losses. However, the cryptocurrency community stepped up to assist in resurrecting the LUNA. Major cryptocurrency exchanges stated that they are ready to list new LUNA and have supported the Terra blockchain network’s rebirth.

Considering this, the bit4you trading platform is glad to announce that the LUNA airdrop on the bit4you platform is available until 31of July 2022. In other words, all the users can claim their LUNA tokens till the end of July 2022. After that, LUNA coins will be unavailable until December 2022.

How to get LUNA on bit4you?

To be able to take part in the airdrop on bit4you, you need to be authorized on the trading platform by going through KYC verification and have previously owned old LUNA (now LUNC) at the time of the snapshot.

How to get a new LUNA?

First of all, you need to access your bit4you account and proceed to your wallet. Then choose Terra (LUNA).

After that, please press the Claim button to participate in the airdrop just like on the screenshot below.

So, the final result should look like this. The end of the airdrop is planned for 31 of July. The quantity of new Luna you receive is determined by how many you previously had.

LUNA Airdrop: distribution

All LUNC holders who owned old Luna at the time of the snapshot (see table) are automatically eligible for the airdrop. They will all receive Terra 2.0 coins. The quantity of the airdrop is determined by the number of coins in possession and the date of purchase.

Furthermore, bit4you customers have an opportunity to take part in this airdrop and receive some Terra 2.0 on their balance.

Important to note that Terra (LUNA) will be distributed based on the ratio below to all authorized LUNC users:

Pre-Attack 1 LUNC = 1.034735071 LUNA
Post-Attack 1 LUNC = 0.000015307927 LUNA

Disclaimer: Operate on the cryptocurrency market at your own risk. This material is not a call to action.

Important to note

The head of Terraform Labs previously stated that the new network will issue $1 billion in coins, with 30% distributed on the day of the blockchain relaunch. The remaining coins will be distributed to LUNA owners over time, but there will be no more coins on the relaunched network.

The bit4you cryptocurrency trading platform is pleased to offer you a wide variety of crypto management tools alongside an understanding of the crypto market. Therefore, you are free to stake crypto coins, trade, and exchange with cryptocurrency assets. The demo mode will assist newbies to adjust to the cryptocurrency world and practice trading strategies. Do not hesitate to start your crypto journey now!

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BIT4YOU.io
BIT4YOU.io

Written by BIT4YOU.io

bit4you is an european crypto exchange platform. We are facilitating the transition between crypto currencies and traditional currencies such as euro.

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