TerraClassicUSD Price Reaches $0.0214 (USTC)

TerraClassicUSD (USTC) traded 3.3% lower against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on October 28th. One TerraClassicUSD coin can currently be purchased for $0.0214 or 0.00000031 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a market cap of $124.84 million and $10.24 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last week, TerraClassicUSD has traded 1% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $25.64 or 0.00037368 BTC.
• NEAR Protocol (NEAR) traded 3% lower against the dollar and now trades at $4.15 or 0.00006046 BTC.
• Internet Computer (ICP) traded down 1.9% against the dollar and now trades at $7.70 or 0.00011225 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.0735 or 0.00000107 BTC.
• Hedera (HBAR) traded down 2.5% against the dollar and now trades at $0.0480 or 0.00000070 BTC.
• Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $4.33 or 0.00006315 BTC.
• Fetch.ai (FET) traded 3% lower against the dollar and now trades at $1.22 or 0.00001771 BTC.
• Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Akash Network (AKT) traded 2.4% lower against the dollar and now trades at $2.21 or 0.00003222 BTC.
• Theta Fuel (TFUEL) traded down 3.6% against the dollar and now trades at $0.0535 or 0.00000078 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,143,018,303 coins and its circulating supply is 5,829,641,039 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk. The official message board for TerraClassicUSD is medium.com/terra-money.

According to CryptoCompare, “TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.”

Buying and Selling TerraClassicUSD

It is usually not presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView