In this more detailed tutorial, we'll show you how to swap ETH for LUNA on SwapNow in a few simple steps, quickly, without KYC and sign-up.
To start the ETH for LUNA swap process, make sure that ETH is selected in the dropdown list to the right of "You send" box, and LUNA is chosen in the dropdown list to the right of "You receive" box.
Enter the amount of Ethereum (ETH) you are going to exchange into "You send" box. If your amount is lower than the allowed minimum for the ETH for LUNA swap, the minimum value below "You send" box will turn red. In this case, please correct the amount. After entering the amount, wait a couple of seconds for the recalculation to complete and check the estimated amount of Terra (LUNA) in "You receive" box.
Enter the receiving LUNA crypto wallet address and, optionally, the refund ETH wallet address.
Click "Exchange" button to create the ETH for LUNA swap transaction. If all entered values are correct and valid, you will be redirected to the transaction page.
On the transaction page, copy the deposit ETH address and amount into the corresponding fields on "Send" tab/dialog box of your crypto wallet (or simply scan the QR code if you are using a mobile wallet). Send the Ethereum payment.
Track the status of your ETH for LUNA swap on the transaction page. Typically, most exchanges take from 5 to 60 minutes. However, in case of a crypto network congestion, the swap process could take longer than that.
As soon as the swap status displays "Finished", you can check your receiving LUNA wallet to make sure you have a new incoming Terra transaction.