Price for today
0,021 USD 5,83%
0,00000129 BTC 5,91%
Name: TerraUSD
Symbol: UST
Circulating supply: 9 805 922 100 $
Max supply: 0 $
Cmc rank: 120
Volume 24h: 41 189 006 $
Percent change 1h: -0,88 %
Percent change 24h: 5,8 %
Percent Change 7d: -6,6 %
UST token is a decentralized dollar stablecoin built within the Terra ecosystem. Each cryptocurrency of Terra family is pegged to the major world currencies. Terra has access to general liquidity, which allows all Terra currencies to share liquidity and macroeconomic fluctuations. As a result, a drop in demand for one currency can be quickly offset by others. Since the price of Terra currencies in secondary markets is exogenous to the blockchain, the system relies on a decentralized price oracle to estimate the actual exchange rate. At the core of Terra Protocol's functioning is the idea that a cryptocurrency with flexible monetary policy will maintain a stable price.
TerraUSD is quite popular crypto among traders, ordinary users and investors who acquire it for long-term profit. Correspondinglyholders can use UST for everyday payments, business and holding.
As of the 26.11.2022, 1 UST can be purchased for 0.02140148. Explore our UST price chart to see how its value has changed these days.
TerraUSD cryptocurrency can be bought on one of the many credible exchanges such as Godex. When searching for an exchange to acquire UST, always consider its name.
There are several places and methods to store UST. To store a large sum of coins, hardware-type wallets such as Ledger and Trezor are appropriate. If you intend to use UST for trading or paying regular expenditures, then a hot wallet (mobile or desktop) would be the right option. When searching for a wallet, consider its defensive features and serviceability.
UST is the ticker for TerraUSD, which is one of the online currencies, the value of which is not pegged to another asset (for example, to the US dollar or oil). Since it is digital money, it does not have a physical form like banknotes and is stored in specific cryptocurrency wallets.
TerraUSD, like any other established cryptocurrency is a real payment means. TerraUSD can be exchanged for another crypto currency, and can also be used to pay for stuff or services. Like any other currency, it can both devalue and rise in value.
UST is possible to purchase with another crypto currency such as BTC or ETH. In addition to, you need to think of creating a trusty wallet where your new UST coins will be kept.
Some exchanges may demand you to register and undergo a complicated identity checking process in order to purchase TerraUSD. But this is not the case with Godex, where you only need to send your cryptocurrency, for which you will buy UST to the address generated by the platform.
After the requisite amount of transaction confirmations is accomplished, you will obtain your UST coins.
