Crypto Invest

5 Steps To Transfer From Crypto.com To Terra Station

Crypto.com To Terra Station

Last updated on March 7th, 2022

If you have purchased some LUNA on Crypto.com, you may be wondering how to transfer it to Terra Station, where you can earn staking rewards.

Here’s a step-by-step guide to get you started:

How to transfer from Crypto.com to Terra Station

Here are 5 steps to transfer LUNA from Crypto.com to Terra Station:

  1. Obtain your Terra Station wallet address
  2. Select Withdraw to External Wallet on the Crypto.com App
  3. Add your Terra Station wallet address as the recipient address
  4. Confirm the transaction on Crypto.com App
  5. Receive the funds on Terra Station

Obtain your Terra Station wallet address

The first thing you’ll need to do is to obtain your Terra Station wallet address.

This can be done by using either the Terra Station app, or the Google Chrome extension.

On either platform, you can click to determine the deposit address. This is where you’ll be sending LUNA to.

Terra Station Wallet Obtain Deposit Address

If you are finding it hard to remember all of these long deposit addresses, you may want to consider simplifying them using Unstoppable Domains.

This allows you to send crypto to a .crypto or .wallet address, which makes it much easier to transfer cryptocurrencies between platforms!

Select Withdraw to External Wallet on the Crypto.com App

After obtaining the address from Terra Station, you will need to head to the Crypto.com App. You’ll need to go to ‘Transfer‘,

Crypto.com Transfer

and select ‘Withdraw‘.

Crypto.com Withdraw

On the next page, you will need to select ‘Withdraw Crypto‘,

Crypto.com Withdraw Crypto

and then select ‘External Wallet‘.

Crypto.com Withdraw External Wallet

Add your Terra Station wallet address as the recipient address

You will be asked to add a wallet address to your whitelist.

Crypto.com Add Wallet Address To Whitelist

After that, search for LUNA,

Crypto.com Select LUNA Withdraw

and this will bring you to the ‘Wallet Address Details‘ page.

Crypto.com Withdraw LUNA To Wallet Address

Crypto.com only allows you to withdraw LUNA using the LUNA network.

On this page, you will need to enter the address that you’ve obtained from your Terra Station wallet.

When depositing to your Terra Station wallet, you are not required to enter a memo.

Even though the Crypto.com App warns you regarding the memo, there is no need to worry about it!

Crypto.com Withdraw LUNA No Memo Required

Confirm the transaction on Crypto.com App

After you have added your Terra Station wallet address to Crypto.com, you are able to withdraw LUNA to that address.

The last step you’ll need to do is to enter the amount of LUNA that you wish to transfer to your Terra Station wallet.

Crypto.com Select LUNA To Withdraw

Receive the funds crypto on Terra Station

Once the withdrawal has been processed, you should receive your crypto in the Terra Station wallet.

Terra Station Wallet Receive LUNA

What are the fees for transferring from Huobi to Terra Station?

Crypto.com charges 0.015 LUNA for each withdrawal that you make. This is cheaper compared to other platforms, such as:

PlatformLUNA Withdrawal Fee
KuCoin0.1 LUNA
Huobi0.02 LUNA
OKEx0.016 LUNA

5 Ways To Keep Your Laptop COOL Whi... x
5 Ways To Keep Your Laptop COOL While Gaming & Working
Conclusion

Crypto.com is an option if you intend to transfer LUNA to your Terra Station wallet. This will allow you to stake LUNA to earn higher rewards!

However, Crypto.com does not support UST on its platform. If you are looking to buy UST, you can consider either Gate.io or KuCoin instead.

👉🏻 Referral Deals

If you are interested in signing up for any of the products mentioned above, you can check them out below!

Crypto.com Referral (Get up to $25 USD worth of CRO)

If you are interested in signing up for Crypto.com, you can use my referral link and enter the code ‘x2kfzusxq6‘.

We will both receive $25 USD worth of CRO in our Crypto Wallet.

Crypto.com Referral

Here’s what you’ll need to do:

  1. Sign up for a Crypto.com account
  2. Enter my referral code: ‘x2kfzusxq6
  3. Stake enough CRO to unlock a Ruby Steel card or higher

The amount of CRO that you need to stake depends on the card you wish to get, and the currency you are staking in.

You can read more about the referral program on Crypto.com’s website.


undraw pcsocial 16rw

Do you like the content on this blog?

To receive the latest updates from my blog and personal finance in general, you can follow me on my Telegram channels (Personal Finance or Crypto) and Facebook.

Are you passionate about personal finance and want to earn some flexible income?

You Might Also Like

    Total
    0
    Share