About TerraUSD (UST)
Market Capitalization$1.74 billion
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
TerraUSD (UST) Frequently Asked Questions
What is TerraUSD?
Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure. Luna, as the native staking asset from which the family of Terra stablecoins derives their stability, utility, and value, acts both as collateral for the entire Terra economy and as a staking token that secures the PoS network. Luna can be held and traded like a normal crypto asset, but can also be staked to accrue rewards in the network generated from transaction fees. Luna can also be used to make and vote on governance proposals. The family of Terra stablecoins is designed to achieve stability through consistent mining rewards with a contracting and expanding money supply. For example, if the system has detected that the price of a Terra currency has deviated from its peg, it applies pressure to normalize the price. Currently, the family of Terra stablecoins includes: KRT (Terra stablecoin pegged to Korean Won), UST (Terra stablecoin pegged to US Dollar), MNT (Terra stablecoin pegged to Mongolian Togrog), SDR (Terra stablecoin pegged to IMF SDR), with more being added in the future. (Description provided by CryptoCompare)
How do I buy TerraUSD?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including TerraUSD.
Where can I get TerraUSD wallet?
TerraUSD produces its own wallet software that is available for download on its website, which allows you to store TerraUSD on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of TerraUSD?
One TerraUSD (UST) is currently worth $1.00 on major cryptocurrency exchanges. You can also exchange one TerraUSD for 0.00001646 bitcoin(s) on major exchanges. The value (or market capitalization) of all available TerraUSD in U.S. dollars is $1.74 billion.
What hashing algorithm does TerraUSD use?
TerraUSD is a proof of stake (PoS) coin that uses the
How do I mine TerraUSD?
TerraUSD and other
coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to TerraUSD?
The following coins use the same hashing algorithm (SHA-256) as TerraUSD: DeFiChain, MATH, Elastos, Props Token, NerveNetwork, ILCOIN, OTOCASH, eXPerience Chain, Titan Coin, Eureka Coin, Max Property Group, ZelaaPayAE, 1Million Token, USDX and GoldFund.
MarketBeat Community Rating for TerraUSD (UST)MarketBeat's community ratings are surveys of what our community members think about TerraUSD and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
TerraUSD (UST) Price Chart for Saturday, April, 10, 2021
TerraUSD (UST) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as TerraUSD. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "TerraUSD Coin" over the last 90 days.
TerraUSD (UST) Website Traffic
TerraUSD (UST) Social Media Trends
TerraUSD (UST) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com