TerraClassicUSD Hits 24 Hour Trading Volume of $14.68 Million (USTC)

TerraClassicUSD (USTC) traded 1.3% higher against the dollar during the 1 day period ending at 8:00 AM Eastern on March 29th. One TerraClassicUSD coin can now be bought for about $0.0289 or 0.00000041 BTC on exchanges. TerraClassicUSD has a market capitalization of $258.59 million and $14.68 million worth of TerraClassicUSD was traded on exchanges in the last day. During the last week, TerraClassicUSD has traded up 6.3% against the dollar.

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

• Avalanche (AVAX) traded 0.2% lower against the dollar and now trades at $53.87 or 0.00076810 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $17.63 or 0.00025144 BTC.
• NEAR Protocol (NEAR) traded 2.9% lower against the dollar and now trades at $7.08 or 0.00010094 BTC.
• Cosmos (ATOM) traded 1.9% higher against the dollar and now trades at $12.44 or 0.00017742 BTC.
• Cronos (CRO) traded up 1.6% against the dollar and now trades at $0.15 or 0.00000220 BTC.
• Hedera (HBAR) traded 1.8% higher against the dollar and now trades at $0.12 or 0.00000166 BTC.
• Fetch.ai (FET) traded down 1.7% against the dollar and now trades at $3.24 or 0.00004620 BTC.
• Algorand (ALGO) traded 2.9% higher against the dollar and now trades at $0.28 or 0.00000396 BTC.
• Akash Network (AKT) traded 0.4% higher against the dollar and now trades at $5.34 or 0.00007618 BTC.
• Kava (KAVA) traded up 5.2% against the dollar and now trades at $1.03 or 0.00001476 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,964,809,403 coins and its circulating supply is 8,953,427,788 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money. 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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView