eToro announces distribution of $LUNA tokens to eligible holders
Online broker eToro confirms that it distributed $LUNA tokens to eligible holders on Thursday, January 5, 2023.
According to the information provided publicly by Terra, they will be distributing the remainder of the new LUNA tokens on a monthly basis over the next two years, between January 2023 and November 2024. Each month, eToro will provide holders with their LUNA tokens.
If you no longer meet the eligibility criteria (i.e. you are located in a country where eToro does not offer crypto or have a limited or blocked account), you will receive the USD equivalent of your eligible token amount.
As before, your LUNA tokens will be provided to you directly into your eToro investment account each month, as a new position. Similarly, if you receive the USD equivalent, it will be added to your balance.
Please note that:
- The number of units will remain the same each month. However, the value (rate) could change based on market movements.
- There could be tax implications from receiving the tokens. Please contact your tax advisor for more information.