How to buy Stacks from Bitget

What is Stacks (STX)?

Stacks is a decentralized Bitcoin layer-2 solution that introduces smart contract functionality to Bitcoin. The blockchain was introduced in 2013 by Muneeb Ali and Ryan Shea, both of whom are Princeton alumni. It was originally named Blockstack and had a rebranding in 2020. Its mainnet was launched in 2021.

How Stacks (STX) Works

Stacks uses a special consensus mechanism called Proof-of-Transfer (PoX). In PoX, miners transfer the crypto of an established PoW blockchain (Bitcoin in this case) to other participants in the network to secure it. This unique approach allows the layer-2 participants to secure the PoX network and earn rewards in the layer-1 cryptocurrency at the same time.

As a part of this PoX mining process, a hash of each Stacks block is recorded to the Bitcoin chain, inheriting some security as a result of this process.

Also, Stacks is designed in a way that allows an entire block of transactions on Stacks to correspond to one Bitcoin transaction, and the blocks of both chains to be confirmed simultaneously. This makes transactions on Stacks significantly faster and cheaper than those on Bitcoin.

How Many Stacks (STX) Tokens Are in Circulation?

STX is the native token of Stacks that is used to reward those who confirm transactions on Stacks.

STX's total supply: 1,818,000,000

STX's circulating supply: 1,366,457,779

How to Buy Stacks (STX)

Consider investing in Stacks (STX)? It only takes 2 minutes to create an account on Bitget and start trading STX. 

 

Check out the available STX trading pairs on Bitget!

 

Spot market

STXUSDT

 

Stacks (STX) Resources

Official Website

Official Documents

Official Whitepaper

 

Bitget: Where The World Trades Stacks

Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Stacks instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

How to buy Stacks from Bitget

What to Do After I Buy Stacks

Store/Hold Stacks

Many users hold on to their Stacks with the expectation of it increasing in value. You can store your STX safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Stacks

You can trade Stacks for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Stacks trading to meet your needs.

Send Stacks

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Stacks online and send to anyone and anywhere with their Stacks address.

Spend Stacks

You can also buy goods and services with your Stacks. More and more vendors and retailers accept Stacks every day.

Donate Stacks

Bitget Charity accepts Stacks donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Stacks so no one misses out on the growth made possible by blockchain.

Learn More About Stacks

You can read more in-depth articles on Stacks from Bitget Research and study how cryptocurrencies like Stacks work on Bitget Academy

Buy and Sell STX on the Move

Download the Bitget crypto trading app and trade your STX plus 150+ cryptocurrencies, anytime and anywhere.

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(!) Cryptocurrency investment activities, including actions done to buy Stacks online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Stacks instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Stacks purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.