Stacks is a smart money and scaling platform that Bitcoin uses every day.
Stacks is a Bitcoin sidechain which brings scalability to Bitcoin without compromising the principles that make Bitcoin what they are. STX will likely become an integral part of the crypto ecosystem over the next months and years due to growing demand from mainstream users for more scalability. The coin is up by 18% today while the rest of the market is falling, and has been one of the last year’s best-performing coins. You can learn more about Stacks, and where to buy STX right now.
How and where to purchase Stacks in the UK or elsewhere
Stacks, one of the 100 most popular cryptocurrencies, is available on many top crypto exchanges and brokers. To make things easier, we’ve selected two of the best platforms for you. To trade the most popular coins, sign up for one of these platforms and make a deposit.
eToro is a multi-asset trading platform that offers the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.
Purchase STX with eToro now
BitPanda, a Bitcoin broker, is located in Austria. It offers a wide variety of payment methods at affordable prices.
Order STX today with Bitpanda
What are Stacks?
Stacks is a Bitcoin sidechain that provides scalability and additional functionality to the Bitcoin network. Due to its simplicity and one-purpose design, two of the key features that make Bitcoin so popular are security and stability. These features however mean that additional functionality like smart contracts or higher transactional throughput is difficult to integrate with the Bitcoin base layer.
Enter Stacks. Originally known as Blockstack, Stacks is a software company that processes complex transactions on its own blockchain. Then it settles them securely on the Bitcoin base layer. This allows the necessary functionality to be achieved without compromising the reason people first came to Bitcoin.
Should I purchase STX today?
Stacks (STX) is one of today’s potential “buy” picks, being one of very few cryptocurrencies in the top 100 to achieve growth on a stagnant day in the market. STX is on track for an amazing 2021 with 18% gains today. The coin has risen by 747% in the last year and still costs $1.45 per unit.
It is clear that the use case for Stacks will become more important every day. Bitcoin supporters are looking for ways to improve the function of the blockchain without compromising security or centralization. It is very compelling to invest in STX today with strong market momentum and solid industry fundamentals.