Where and How to Stake TerraClassicUSD (USTC)

Introduction

Staking TerraClassicUSD can be a great option for those who want to hold USTC but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain TerraClassicUSD (USTC) Tokens

   In order to stake TerraClassicUSD, you need to have it. To obtain TerraClassicUSD, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	TerraClassicUSD (USTC)	0.03
   Kraken	TerraClassicUSD (USTC)	0.02
   OKX	TerraClassicUSD (USTC)	0.02
   Binance	TerraClassicUSD (USTC)	0.02
   Bitmart	TerraClassicUSD (USTC)	0.01
   BingX	TerraClassicUSD (USTC)	0.02

   See all 9 prices

2. 2. Choose a TerraClassicUSD Wallet

   Once you have USTC, you’ll need to choose a TerraClassicUSD wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	TerraClassicUSD (USTC)	Up to 1.00 APY

3. 3. Delegate Your USTC

   We recommend using a staking pool when staking USTC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their USTC, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

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

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.