What is TerraClassicUSD (USTC)?
TerraClassicUSD is a decentralized algorithmic USD-pegged stablecoin issued by Terra. It was originally created in 2019 with the name TerraUSD, but after the collapse of the Terra ecosystem in 2022, which led to the depeg of the token, the token was aborted and its name was changed to TerraClassicUSD. Subsequently, a new TerraUSD was released to replace the depegged TerraClassicUSD.
How TerraClassicUSD (USTC) Works
As an algorithmic USD-pegged stablecoin, USTC is secured by the native token of the old Terra network, LUNA (now rebranded as LUNC), through the seigniorage process. This means that for every USTC minted, an amount of LUNC equivalent to $1 is burned. The opposite applies for the burning of USTC.
Though USTC and LUNC were forsaken by the original developer team after the collapse of Terra in 2022, a new developer community has taken up the work and continues building the ecosystem.
How Many TerraClassicUSD (USTC) Tokens Are in Circulation?
USTC does not have a total supply because its supply and price are controlled by the reserve and algorithms. USTC’s circulating supply is 9,799,450,284
How to Buy TerraClassicUSD (USTC)
Consider investing in TerraClassicUSD (USTC)? It only takes 2 minutes to create an account on Bitget and start trading USTC.
Check out the available USTC trading pairs on Bitget!
Spot market
TerraClassicUSD (USTC) Resources
Simple 3-step guide to buying USTC today in Angola
Create your free Bitget account
Select a funding method
Complete your TerraClassicUSD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for TerraClassicUSD using a payment method of your choice:
Buy TerraClassicUSD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your TerraClassicUSD order.
How to buy crypto with credit/debit cardBuy TerraClassicUSD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into TerraClassicUSD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your TerraClassicUSD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your TerraClassicUSD order.Buy TerraClassicUSD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your TerraClassicUSD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor TerraClassicUSD in your Bitget spot wallet
Bitget—where the world trades TerraClassicUSD
How to buy TerraClassicUSD for free
- Learn how to earn TerraClassicUSD for free through the Learn2Earn promotion
- Earn free TerraClassicUSD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free TerraClassicUSD airdrops by joining On-going challenges and promotions
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FAQ
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Angola is a southern African country with terrain that extends across the tropical Atlantic beaches and a Sub-Saharan desert that extends into the border of Namibia. Angola has a population of 35,167,795. Angola had its independence on November 11, 1975, after the Angola war of independence which lasted between Feb 4, 1961 – Apr 25, 1974. Angola has beautiful side attractions such as Fortaleza de São Miguel, Miradouro da Lua, Ilha do Mussulo, Sangano Beach, Mausoleum of Agostinho Neto, and many others.
Angola's current official currency is the Angolan Kwanza (AOA). In 1999, the Kwanza was established to replace the "Kwanza Reajustado" (AOK). In less than 10 mins you can buy TerraClassicUSD(USTC) and other cryptocurrencies from Angola using the Bitget platform with P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay. The official language of Angola is Portuguese and the Bitget app and website are available in Portuguese.
Angola is surrounded by beautiful cities such as Luanda, N'dalatando, Huambo, and Lobito. Angola is a moderately tropical country with fresh and dry seasons throughout the year. Angola has a variety of beautiful landscapes, including the semidesert Atlantic littoral bordering Namibia's “Skeleton Coast,” the sparsely populated rainforest interior, the rugged highlands of the south, and the Cabinda exclave in the north. Whichever place you find yourself in Angola Bitget will always be the right choice for crypto trading.