What is TerraClassicUSD (USTC)

ejkt

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Aug 29, 2022
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TerraClassicUSD (USTC) is the predecessor of TerraUSD (UST), a decentralized algorithmic stablecoin on the Terra blockchain. The blockchain renaming and token renaming occurred after his LUNA/UST collapse in May 2022.

Terra Classic Ecosystem
Several protocols are now supported by Terra Classic. Wallets that support the transfer of assets and tokens, transactions, interactions with smart contracts, etc. include Terra Station, the official project wallet, and Leap Wallet. All tokens supported by Shuttle, including Terra native tokens, the majority of mAssets, and other token kinds from the Terra ecosystem, can be transferred between chains using Terra Bridge. Along with supporting DEX like Terraswap and Astroport, Terra Classic also powers the NFT project Galactic Punks.

How to buy USTC?
You can buy USTC on MEXC following the steps:

1. Log in to your MEXC account and click [Trade]. Click on [Spot].

2. Search “USTC” using the search bar to see the available trading pairs. Take USTC/USDT as an example.

3. Scroll down and go to the [Spot] box. Enter the amount of USTC you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy USTC] to confirm your order. You will find the purchased USTC in your Spot Wallet.