TerraClassicUSD wallet
The most secure hardware wallet for your TerraClassicUSD
Tap into the Tangem community; secure your TerraClassicUSD with the leading hardware wallet.
How to secure your TerraClassicUSD with Tangem?
When you buy or hold TerraClassicUSD in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a TerraClassicUSD Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose TerraClassicUSD wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is TerraClassicUSD (USTC)?
TerraClassicUSD, known by the symbol USTC, is an algorithmic stablecoin designed to keep its value equivalent to the US dollar at a 1:1 ratio. Part of the Terra blockchain family, it works alongside Terra's native token, LUNA. This blockchain ecosystem offers users a variety of resources, including comprehensive documentation, governance forums, and educational materials.
What is a TerraClassicUSD wallet?
A TerraClassicUSD wallet functions as a secure storage solution for private keys, enabling control over one's USTC address. While it doesn't store the cryptocurrency itself, the blockchain does. These wallets focus on creating and preserving private keys, allowing you to manage and access your TerraClassicUSD accounts. Essentially, a TerraClassicUSD wallet is essential for storing, sending, receiving, and handling USTC.
How does a TerraClassicUSD wallet work?
With a TerraClassicUSD wallet, you manage accounts on the blockchain using pairs of public and private keys. The private key grants access to a particular TerraClassicUSD account and should remain private. Meanwhile, the public key can be shared to accept TerraClassicUSD. To transfer funds, you need the associated private key. At Tangem, private keys are generated and stored within a secure chip.
What are the types of TerraClassicUSD wallets?
Exchange TerraClassicUSD Wallets:
Platforms such as Coinbase, Binance, and Kraken offer custodial wallets that allow TerraClassicUSD purchases with traditional money. However, these come with risks, such as potential loss of access to your account.Software TerraClassicUSD Wallets:
Applications that manage private keys and TerraClassicUSD are installed on devices. They are user-friendly but vulnerable to malware and cyber threats. These include mobile, desktop, and web wallet types.Mobile TerraClassicUSD Wallets:
Wallet applications for managing TerraClassicUSD directly on smartphones.Desktop TerraClassicUSD Wallets:
Installed on computers, where private keys are stored on internal drives.Hardware TerraClassicUSD Wallets:
Devices like Tangem provide offline storage, safeguarding against online dangers.
How to Choose the Best TerraClassicUSD Wallet
Choosing the optimal wallet depends on personal preferences, emphasizing ease of use, trustworthiness, resilience, and security. For secure storage and protection from online risks, a hardware wallet like Tangem is advisable.
TerraClassicUSD USTC
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See all supported cryptosTerraClassicUSD FAQ
- You can buy TerraClassicUSD on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of TerraClassicUSD, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for TerraClassicUSD depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for TerraClassicUSD, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- Terra wasa blockchain ecosystem with a stablecoin tokencalled TerraUSD(USDT) and a sister token called Luna. The pair of coins together formed an algorithmic stablecoin that aimed to maintain a value of 1 USD for each USDT by using a parallel floating rate cryptocurrency, Luna (LUNA), to back up the target peg.
- On May 28, 2022, Do Kwon and his team formed a new hard-fork chain under the name TERRA(LUNA) to replace the old one, even though the old one was left to continue functioning. The original Terra chain was rebranded into theTerra Classic chain, and the original native coin, LUNA, was renamed LUNA CLASSIC (LUNC).
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