Where To Buy Stacks (STX) Coin?
In this article we have easy step by step guide about how to buy Stacks(STX) coin? Please go through the below guide about where to buy Stacks(STX)?
How To Buy Stacks(STX) Coin?
What is Stacks(STX)?
Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful — including its security and stability. These DApps are open and modular, meaning developers can build on top of each other’s apps to produce features that are simply not possible in a regular app. Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the most widely used arguably the most secure blockchain in operation — Bitcoin.
Who Are the Founders of Stacks?
Stacks was initially funded by a range of prominent venture capital funds, including Y Combinator, Digital Currency Group and Winklevoss Capital. It was developed by Blockstack PBC, which has its headquarters in New York. Blockstack PBC now operates under the name Hiro Systems PBC and joins a wide range of companies building on Stacks’ platform.
What Makes Stacks Unique?
Stacks looks to take what makes Bitcoin so powerful, and extends it with additional functionality, without needing to fork or change the original Bitcoin blockchain. It does this by connecting directly with the Bitcoin blockchain through its proof-of-transfer (PoX) consensus mechanism, which has miners pay in BTC to mint new Stacks (STX) tokens. Moreover, STX token holders can also stack (not stake) their tokens to earn Bitcoin as a reward.
What is the Circulation Supply Of Stacks?
According to the recently revamped economic policy launched with Stacks 2.0, the supply of the newly unlocked STX in circulation will be reduced by around 10% between now and 2020 compared to the original schedule. In total, around 1.82 billion STX are expected to be in circulation by 2050, compared to around 739.7 million in circulation as of January 2021.
Where You can Buy Stacks (STX)?
STX is available to trade on several prominent exchange platforms, including Binance and KuCoin. For a full list of available trading pairs and supported platforms, see the markets section.
Can You Buy Stacks With Cash ?
Well If you want to buy STX with cash , you can use marketplaces such as LocalBitcoins to first purchase BTC, and then by transferring your BTC to respective AltCoin exchanges like Binance,HotBit,Coinbase,Huobi. LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and payment method they want to offer. You can choose to buy from sellers in a certain neighboring region on the platform. after all, its a good place to go to buy Bitcoin when you cant find your desired payment methods anywhere else. But the prices are generally higher on this platform and you need to do your due diligence to avoid getting scammed.
How to Buy Stacks with Binance /Coinbase/Huobi/Hotbit Exchanges?
The steps to Deposit and Buy STX in every exchange like binance,coinbase,huobi,hotbit is same. You have to deposit BTC/USDT to these exchanges then buy Stacks with btc/usdt.
P2P In Binance:
You can also buy usdt/btc in these cryptoexchanges with p2p feature in which you have to direct buy usdt from a seller by transferrring money into his account and then buy Stacks coin with that usdt . If You like our article on where to buy Stacks then please keep sharing this on social media.