Where and how to buy TerraClassicUSD in Saudi Arabia
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a TerraClassicUSD order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor TerraClassicUSD in your Bitget spot account
Alternative methods to obtain TerraClassicUSD in Saudi Arabia
Convert crypto to TerraClassicUSD with Bitget Convert
Swap on-chain assets to TerraClassicUSD with Bitget Swap
Methods to obtain TerraClassicUSD for free
Buy other cryptos
Buy TerraClassicUSD in a different country
Buy other cryptos in your region
How to buy TerraClassicUSD in other countries?
What can you do with TerraClassicUSD?
Store/Hold TerraClassicUSD
Many users hold on to their TerraClassicUSD with the expectation of it increasing in value. You can store your USTC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade TerraClassicUSD
You can trade TerraClassicUSD for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for TerraClassicUSD trading to meet your needs.
Send TerraClassicUSD
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy TerraClassicUSD online and send to anyone and anywhere with their TerraClassicUSD address.
Spend TerraClassicUSD
You can also buy goods and services with your TerraClassicUSD. More and more vendors and retailers accept TerraClassicUSD every day.
Donate TerraClassicUSD
Bitget Charity accepts TerraClassicUSD donations for global projects that aim to improve the lives of people in the bottom billion. You can donate TerraClassicUSD so no one misses out on the growth made possible by blockchain.
Learn More About TerraClassicUSD
You can read more in-depth articles on TerraClassicUSD from Bitget Research and study how cryptocurrencies like TerraClassicUSD work on Bitget Academy
Market stats to assist in determining optimal times for purchasing TerraClassicUSD
What is TerraClassicUSD (USTC)?
TerraClassicUSD is a decentralized algorithmic USD-pegged stablecoin issued by Terra. It was originally created in 2019 with the name TerraUSD, but after the collapse of the Terra ecosystem in 2022, which led to the depeg of the token, the token was aborted and its name was changed to TerraClassicUSD. Subsequently, a new TerraUSD was released to replace the depegged TerraClassicUSD.
How TerraClassicUSD (USTC) Works
As an algorithmic USD-pegged stablecoin, USTC is secured by the native token of the old Terra network, LUNA (now rebranded as LUNC), through the seigniorage process. This means that for every USTC minted, an amount of LUNC equivalent to $1 is burned. The opposite applies for the burning of USTC.
Though USTC and LUNC were forsaken by the original developer team after the collapse of Terra in 2022, a new developer community has taken up the work and continues building the ecosystem.
How Many TerraClassicUSD (USTC) Tokens Are in Circulation?
USTC does not have a total supply because its supply and price are controlled by the reserve and algorithms. USTC’s circulating supply is 9,799,450,284
How to Buy TerraClassicUSD (USTC)
Consider investing in TerraClassicUSD (USTC)? It only takes 2 minutes to create an account on Bitget and start trading USTC.
Check out the available USTC trading pairs on Bitget!
Spot market
TerraClassicUSD (USTC) Resources
Buy TerraClassicUSD in Saudi Arabia with Bitget
How to safely store your TerraClassicUSD
- Sign up and transfer USTC to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your USTC.
How to withdraw TerraClassicUSD with Bitget's hassle-free withdrawal process
The desert kingdom that is Saudi Arabia has known during the last two millennia two epochs of light, two golden ages. Saudi Arabia is the leading oil-producing country in the world. The country is also known for its hot and desert climate. English is widely used, while other languages spoken in the kingdom are Indonesian, Somali, Tagalog, Urdu, and Western Persian. The local currency is Saudi Riyal (SAR).
The surface of the Saudi territory is mainly occupied by deserts. However, the country shows very different faces. In the south, the Sarawat mountains are green. In the center, the Nadj is a steep region. The West and the North are covered with lava that creates huge sandy areas. The country is bathed by the Red Sea on its western part and the Persian Gulf on the east. Saudi Arabia covers more than 45% of the Arabian Peninsula. Some rivers cross the country. However, in the dry season, they are completely dried up.
Saudi Arabia's economy is mainly based on oil. It is, to this day, the leading producer of black gold, with more than a quarter of the world's total production locked up in its subsoil. Tourism is also an actor that plays an increasingly important role. In addition to pilgrimages, the country welcomes more and more travelers and can thus diversify its economy.
Whether you're in Medina, Mecca, Jeddah, Riyadh, or anywhere in Saudi Arabia, you can buy cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.
USTC to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5