Getting paid
Getting paid for your Terra claim: USDC or bank wire
When you sell your Terra claim, the buyer pays you directly. In a standard sale that is one payment, and you choose how: USDC within 24 hours of signing, often faster, which is the default, or a bank wire, sent within 24 hours of signing, with arrival depending on your bank. TerraClaim never holds your money.
USDC can go to an account on one of 14 supported exchanges or to a wallet you control. This guide compares the options, shows how to set each one up without mistakes, and explains the checks that run before money is sent. The calculator below shows the dates for your own start day.
Facts checked
Selling on TerraClaim
Typically paid by
Tue, November 17, 2026
Waiting for the estate
No date announced
Still ahead before any distribution:
- Remaining Initial Determinations and the disputes they trigger
- Final Determinations
- Identity verification of every claimant
- The pro-rata calculation over the whole allowed pool
- Litigation recoveries (Jump Trading, Jane Street)
How it works: the sale path uses TerraClaim's published process: a ten-minute onboarding, a ten-minute verification call that usually happens the same day, then USDC within 24 hours of signing, often faster, or a wire sent within 24 hours (arrival depends on your bank). Your own dates depend on when the call is booked and when the buyer countersigns. The estate path has no published date.
All amounts in US dollars. This tool runs in your browser and sends nothing anywhere. It is arithmetic on the numbers you enter, not a forecast, an offer or advice.
USDC or bank wire, side by side
USDC is a dollar stablecoin that moves on a blockchain, so it does not wait for banking days. Either way, the money comes from the institutional buyer named in your Transfer of Claim Agreement. Who buys Terra claims explains the buyer's role.
| USDC | Bank wire | |
|---|---|---|
| Timing | Within 24 hours of signing, often faster | Sent within 24 hours of signing; arrival depends on your bank |
| Where it arrives | An exchange account or your own wallet | Your bank account |
| Default | Yes | The alternative |
| What you enter | A USDC deposit address | Your bank details, exactly as your bank gives them |
| Checks before payment | Address screening, and you confirm the address once more | You confirm the account once more |
| TerraClaim fee | None | None |
Receiving USDC on an exchange
Supported exchanges: Binance, Coinbase, Kraken, OKX, Bybit, Bitget, KuCoin, Gate.io, HTX, Crypto.com, Upbit, Bithumb, Gemini and Bitstamp.
- Open your exchange's deposit page and choose USDC.
- Pick the network named in TerraClaim's onboarding form. USDC exists on several networks. Your exchange must accept USDC deposits on that same network, or the deposit can be lost or hard to recover.
- Copy the deposit address and paste it into onboarding. Never type it by hand, and check the first and last few characters.
- Make sure your exchange account is verified and active, so the deposit is credited and you can use it.
Want local currency? Sell the USDC on your exchange; the exchange's own trading and withdrawal fees apply. For a walk-through on one exchange, see receiving a payout on Binance.
Receiving USDC in your own wallet
A self-custody wallet is one where only you hold the keys. Use a wallet that supports USDC on the network named in onboarding, and paste an address that you control and have used before, or have tested with a small transfer from elsewhere.
Nobody needs your seed phrase to send you money. If anyone asks for it, including someone who says they are from TerraClaim or the buyer, stop.
Receiving a bank wire
A bank wire is sent within 24 hours of signing; arrival depends on your bank. Enter your details exactly as your bank provides them, for example your IBAN or account number and the bank's SWIFT/BIC code where the form asks for it. A wrong character can send the payment back and delay it.
Your own bank, or a bank in between, may charge a fee to receive an international wire or to convert the currency. That is between you and the banks; TerraClaim charges sellers nothing. Ask your bank in advance how it handles incoming international wires.
Checks before any money is sent
- On the verification call, a specialist confirms your payout destination together with the claim number and allowed amount.
- Payout addresses are screened before payment.
- You confirm the destination once more before the money is sent.
- The buyer pays you directly. TerraClaim does not hold or pass on your money.
Crypto payments cannot be reversed. If you want to change where you are paid, tell the desk before you confirm.
When the money arrives
Signing comes after onboarding and the 10-minute verification call, which usually happens the same day, and the buyer countersigns, usually within 24 hours. After that, you receive USDC within 24 hours of signing, often faster, or a bank wire sent within 24 hours (arrival depends on your bank). Deals often close within 24 hours of first contact. Paid in 24 hours explains what the timing depends on, and selling fast lists what to prepare.
The calculator above shows the dates for your own start day, and the time-to-cash calculator sets them against waiting for the estate, for which no date has been announced. Keep the payment record with your signed agreement and CLC form; taxes when selling a claim lists what else to keep.