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
Stacks (STX) Resources
Simple 3-step guide to buying STX today in Lesotho
Create your free Bitget account
Select a funding method
Complete your Stacks purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Stacks using a payment method of your choice:
Buy Stacks with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Stacks order.
How to buy crypto with credit/debit cardBuy Stacks with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Stacks is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Stacks order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Stacks order.Buy Stacks with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Stacks order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Stacks in your Bitget spot wallet
Bitget—where the world trades Stacks
How to buy Stacks for free
- Learn how to earn Stacks for free through the Learn2Earn promotion
- Earn free Stacks by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Stacks airdrops by joining On-going challenges and promotions
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FAQ
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Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Stacks(STX) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.