Terra wallet

Supported by a Third-party wallet

The best crypto wallet for your Terra

Secure your Terra coins with the most trusted crypto wallet. Cold storage wallets are encrypted devices that store your Terra tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.

Discover our crypto wallet How to use Terra with Ledger
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Terra wallet

What is a Terra wallet?

To store and manage Terra, you need a compatible hardware wallet. Manage your tokens with a compatible third-party wallet while keeping them safe with a Ledger device:

Get your device

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Third-Party Wallet

Third-party wallet allows you to buy, send/receive, and swap Terra, view transaction history, and more, depending on its capabilities.

How to get a Terra crypto wallet?

Get a Ledger Nano

Select and purchase a Ledger wallet of your choice.

  • Beginner in the crypto world? Get started with Nano S Plus.
  • Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

Get a Ledger Nano

Download and install Terra Station Wallet extension

Download and install a compatible third-party wallet that lets you manage your Terra.

Download and install Terra Station Wallet extension

Connect your Ledger Nano to your Terra Station Wallet

  1. Connect your Ledger Nano to a computer/smartphone and unlock it.
  2. Open your wallet extension.
  3. Connect your Terra Station Wallet to Ledger Nano.

You’re all set, you can now use your Terra Station Wallet!

Connect your Ledger Nano to your Terra Station Wallet
1

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

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What is Terra?

Terra (LUNA) is a public blockchain protocol that originated from Terra Classic, which is the birthplace of TerraClassicUSD (UST), an algorithmic stablecoin. However, due to a bank run in May 2022, the collateralized UST token, now known as LUNC, crashed, causing LUNA’s value to plummet and leading to the creation of a new chain – Terra Classic and Terra. A detailed analysis of the Terra crash can be found here.

Terra Classic was developed in January 2018, and the blockchain was launched in April 2019. Its aim was to combine the stability and widespread acceptance of fiat currencies with the censorship-resistant features of Bitcoin (BTC), while also providing fast and cost-effective settlements through the use of its UST stablecoin. Terra Classic offered stablecoins pegged to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights basket of currencies.

The new Terra blockchain, which does not include the UST stablecoin, carries on the Terra Classic legacy. Many decentralized applications (DApps) have committed to migrating to Terra to maintain their functionality.

Frequently Asked Questions

When you first buy asset, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your crypto wallet to spend, withdraw, or transfer your coins.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano cold wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano wallets keep your keys secure and give you complete control over your tokens.

Related Resources

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