How to obtain UST on Terra for Anchor Protocol + Station Extension Setup (2024)

Terra stablecoin (UST) can be obtained in several ways, the simplest way is through a centralized exchange like Bittrex and Kucoin.

Bittrex supports USDT/UST and BTC/UST pairs, while Kucoin supports many more trading pairs including USDC/UST and ETH/UST.

You can sign up for a Bittrex account here and Kucoin here.

To interact with web apps on Terra, you’ll first need a wallet to interact with the Terra blockchain.

The official wallet is the Terra Station Extension that’s available for Chromium-based browsers.

How to obtain UST on Terra for Anchor Protocol + Station Extension Setup (3)
  1. Run Google Chrome. Station Extension is only available for Chromium-based web browsers.
  2. Install Station Extension here.
  3. Terra Station should now be visible on the extensions tray.
How to obtain UST on Terra for Anchor Protocol + Station Extension Setup (2024)

FAQs

How do I connect to Terra station? ›

Open Terra Station and click Connect. Click Select wallet and select the wallet you want to connect to. Enter the password of the wallet and click Next.

How to send USDT to Terra Station? ›

Click Send and choose Tether from the Currency drop-down menu. In the To field, paste the recipient's USDT address OR scan the recipient's QR code. Enter the amount you want to send. Please note: since Tether is an ERC20 token, a small fee in ETH is required to transact.

How do I access the Anchor Protocol? ›

The Anchor WebApp is the official web frontend for interacting with Anchor Protocol on the Terra network. The WebApp can be accessed at https://app.anchorprotocol.com.

How do I use Terra station extension? ›

Send tokens
  1. Open the Terra Station browser extension and connect to your wallet.
  2. Click Send next to the token you want to send.
  3. Enter the address of the wallet you want to send tokens to.
  4. Enter the amount you want to send. ...
  5. Verify the transaction amounts and specify which token you want to pay fees in.

Is Terra Station still active? ›

Terra Station is the official wallet for the Terra blockchain. It handles all native Terra-related assets and tokens. These are not easy times for the Terra Network, but the Terra Station is still working.

How do I import my Terra station wallet? ›

Import your Terra Station wallet
  1. Click on the Keplr browser extension in your browser.
  2. Click Import existing account.
  3. Enter the seed phrase from your Terra Station wallet, create an account name, and enter a password.
  4. Confirm your password and click Next.
  5. Click Done.

How do I download Terra Station transactions? ›

Navigate to your Terra Station account and find the option for downloading your complete transaction history. Import your transaction history directly into CoinLedger by mapping the data into the preferred CSV file format. CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

How do I access my Terra Station with Ledger? ›

Install the Terra app on your Ledger device

Open Ledger Live and navigate to the My Ledger tab. Connect and unlock your Ledger device. If prompted, allow My Ledger to access your device.

Is there a Terra Station app? ›

Download the Terra Station app

Tap the download link for your operating system. Your device's app store will open. Install the Terra Station app on your phone.

How to deposit Luna to Terra Station? ›

Once you have bought LUNA tokens, you can easily send them over to Terra Station. Simply add your Terra Station address as the withdrawal address, and enter the amount you would like to withdraw. For withdrawals, feel free to do so through either the exchange or app.

Where is the wallet address in Terra Station? ›

You can find your Terra wallet address by opening the Chrome extension or Terra Station app, clicking your Terra wallet's name, and clicking “copy” below the address that appears first.

How do I contact Terra Station? ›

Email support directly. You can email us by writing to support@terra.bio.

Does the anchor protocol still work? ›

ANC, the cryptocurrency of Terra's flagship decentralised finance (DeFi) platform, Anchor Protocol, crashed in early May after the depegging of the algorithmic stablecoin TerraUSD (UST). There has also been uncertainty over the future of ANC since Terra forked into a new chain without its fallen stablecoin.

How do I import Terra station? ›

Import your Terra Station wallet
  1. Click on the Keplr browser extension in your browser.
  2. Click Import existing account.
  3. Enter the seed phrase from your Terra Station wallet, create an account name, and enter a password.
  4. Confirm your password and click Next.
  5. Click Done.

How do I send Luna from Terra station? ›

Send LUNC from your Ledger Terra Classic account with Galaxy Station. From the Galaxy Station dashboard, click Send. Enter the recipient's address and the amount. Click Submit.

How do you bridge to Terra? ›

Bridge tokens
  1. Select a Source chain and a Target chain from the dropdown choices.
  2. Click Connect to connect your Terra Station wallet. Allow the connection if your wallet extension prompts you.
  3. Click Select a token and choose from the available tokens in your wallet. ...
  4. Enter the amount you want to bridge and click Next.

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