{“@context”:”https://schema.org”,”@type”:”FAQPage”,”mainEntity”:[{“@type”:”Question”,”name”:”How do I sell Terra Classic (LUNC) for XOF?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Step 1: Spot sell LUNC → USDT (0.1% fee, instant). Step 2: P2P sell USDT → XOF via Orange Money, Wave, bank transfer (0% fee, 5-20 min). Step 3: Confirm XOF received, release escrow. Total: ~15-25 min.”}},{“@type”:”Question”,”name”:”How much XOF will I get for my LUNC?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Payout = (LUNC amount × LUNC/USDT price) × P2P USDT/XOF rate. Total fee ~0.1%. Check the live price before selling.”}},{“@type”:”Question”,”name”:”When is the best time to sell LUNC in Senegal?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”P2P markets are 24/7 but liquidity peaks during local business hours (8am-8pm). Consider a limit sell order at your target price instead of always using market orders.”}},{“@type”:”Question”,”name”:”Is P2P selling safe in Senegal?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Yes — escrow holds USDT until both sides confirm. Only release after confirming XOF arrived in your account. Never release based on screenshots. Choose high-rated merchants only.”}}]}
Terra Classic (LUNC) is the original token of the Terra blockchain before the May 2022 collapse of the UST stablecoin. After the crash, the original chain was rebranded as Terra Classic while a new Terra chain (LUNA) was launched. LUNC still has an active community of traders and holders who believe in its revival through token burns and on-chain governance. LUNC was one of the most-discussed crypto assets in Africa during and after the 2022 crash. African investors can buy and sell LUNC on Bitget and Bybit.
To sell Terra Classic (LUNC) and receive West African CFA Franc, spot-sell LUNC to USDT, then P2P sell USDT to XOF via Orange Money or Wave on Bitget or Bybit. Here’s the full process.
How to Sell Terra Classic in Senegal — Step by Step
- Log in to Bitget or Bybit where your LUNC is held.
- Spot sell LUNC → USDT — Spot Trading → LUNC/USDT → market or limit sell. Instant. Fee: 0.1%.
- P2P sell USDT → XOF — P2P Trading → Sell → USDT → XOF. Choose a buyer paying via Orange Money, Wave, bank transfer. Fee: 0%.
- Confirm XOF received → release escrow — Only after verifying XOF arrived in your account, click “Release”.
Fee Breakdown
| Step | Action | Fee | Speed |
|---|---|---|---|
| 1 | LUNC → USDT (Spot) | 0.1% | Instant |
| 2 | USDT → XOF (P2P) | 0% | 5-20 min |
| Total | Full cash-out | ~0.1% | ~15-25 min |