Discover how to buy Stacks (STX) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Stacks (STX) is currently at
€0.26805
-€0.00400 (-1.49%)
Last updated on --.
How can I buy Stacks on OKX?
Whether you're new to crypto or an experienced trader, you can buy Stacks using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Stacks
Select Stacks and buy using your chosen method.
Step four
Receive your Stacks
Confirm your purchase and store your Stacks in your portfolio.
What's Stacks?
Stacks is like a special tool that helps make Bitcoin smarter. Imagine Bitcoin as a big, strong robot that can only do simple tasks. Stacks gives it new abilities, like playing games or running apps. It exists to make Bitcoin more useful for everyday things, solving the problem of limited functionality. Stacks helps people use Bitcoin for more than just sending money, like building websites or creating digital art.
How can I buy Stacks?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with documents like a driver's license, as required by U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the trading section, search for Stacks, and place a buy order by entering the amount you wish to purchase.
Why do people buy Stacks?
People buy Stacks because it allows them to use Bitcoin in new ways, like running apps and smart contracts. It's popular for building decentralized applications, which are like apps that don't rely on a single company. Stacks is part of a growing ecosystem that enhances Bitcoin's capabilities, making it more versatile for developers and users. However, it requires understanding how these applications work and their limitations.
Things to know before buying Stacks in the United States
In the U.S., cryptocurrencies like Stacks are legal but regulated. You must complete KYC and AML checks when buying. Tax implications include reporting capital gains if you sell Stacks for more than you paid. Income from staking or rewards may be taxable. It's important to keep records of transactions for tax purposes and consult a tax professional for guidance.
What are other ways to own Stacks?
You can obtain Stacks through airdrops, where tokens are given for free, or by participating in Learn-and-Earn programs that reward you for learning about crypto. Staking Stacks can earn you rewards, but it requires holding tokens and understanding network rules. Task-based programs, like referrals, may offer Stacks as a reward. Each method involves different levels of effort and risk, so research is essential.
How can I store my Stacks?
To keep your Stacks safe, you can use custodial wallets, where a service holds your tokens, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your wallet and keep recovery phrases secure. Use strong passwords and enable two-factor authentication to protect against hacks and theft.
Why should I buy Stacks on OKX?
Learn more about the security measures keeping your Stacks safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Stacks (STX)
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How to get Stacks for free
Invite friends, earn rewards
See how you can get free Stacks when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Stacks grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Stacks
Take advantage of price fluctuations and trade your Stacks for other cryptocurrencies.
Send Stacks
Send your Stacks anywhere, anytime with fast, low-cost transfers.
Spend Stacks
Use your Stacks to pay for goods, services, and experiences seamlessly.
Hold Stacks
If you think your Stacks will increase in value, you can hold onto it.
Sell Stacks
Convert your Stacks to cash quickly and securely.
How to buy Stacks (STX) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Stacks STX safely on a trusted exchange like OKX.
Choose the best exchange to buy Stacks (STX) depending on your individual needs. Factors to consider when picking the best place to buy Stacks (STX) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Stacks. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Stacks (STX), as well as fiat withdrawal options.
This depends on the method you use to convert Stacks (STX) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.