Introduction

Staking TerraClassicUSD can be an excellent choice for those looking to hold USTC while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire TerraClassicUSD (USTC) Tokens

   To stake TerraClassicUSD, you first need to acquire it. To obtain TerraClassicUSD, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Binance	TerraClassicUSD (USTC)	0,01 APY
   OKX	TerraClassicUSD (USTC)	0,01 APY
   BingX	TerraClassicUSD (USTC)	0,01 APY
   Bitget	TerraClassicUSD (USTC)	0,01 APY
   Bybit	TerraClassicUSD (USTC)	0,01 APY
   Gate.io	TerraClassicUSD (USTC)	0,01 APY

   View all 17 prices

2. 2. Select a TerraClassicUSD Wallet

   Once you have USTC, you'll need to select a TerraClassicUSD wallet to securely store your tokens. Here are some solid options to consider.

3. 3. Delegate Your USTC

   We recommend using a staking pool when staking USTC. It's simpler and faster to get started. A staking pool is a collective of validators who pool their USTC, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the TerraClassicUSD network. For these validations, you will be rewarded with USTC.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.