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Crypto.com Lists Stacks (STX) Cryptocurrency

Mitchell Cuevas by Mitchell Cuevas
August 19, 2020
in Partners, Stacks token

Today, Crypto.com announced it has listed STX, making the cryptocurrency immediately available for convenient purchase and trading by non-U.S. persons through its highly-rated mobile app.

Crypto.com is on a ‘mission to accelerate the world’s transition to cryptocurrency’ and was founded on the idea that it is a basic human right to control one’s money. With features and products like their crypto-powered Visa card, fiat top-up options, and coin tracker with data on over 200 tokens, Crypto.com is giving users a number of exciting options when it comes to managing their crypto holdings right from their phone.

Stacks are used for registration of internet assets and may be consumed as fuel for smart contracts written in Clarity. As part of the anticipated Stacks 2.0 launch later this year, internet assets on the Stacks blockchain will anchor to Bitcoin. The interconnection of Stacks with Bitcoin provides a scalable foundation for a Web 3.0 rooted in the security of Bitcoin.

As we continue working to build this user-owned internet, increasing access to the Blockstack ecosystem and apps on the network requires increased access to Stacks. We’re excited Crypto.com is joining leading exchanges such as Binance, KuCoin, and HashKey Pro in making Stacks easily accessible and for the optionality this provides current and prospective STX holders.

We look forward to welcoming Crypto.com users to the Stacks ecosystem!

Reminder: All official communications from Blockstack PBC related to Stacks will be posted on blockstack.org, stacks.org and/or stackstoken.com or come from a @blockstack.org/com, stacks.org, or @stackstoken.com email address. Please be mindful of phishing attempts and other scams, you can always reach out to the team on Telegram or via [email protected] if you are unsure.

 


Access to STX: Subject to applicable law, non-U.S. persons may buy or sell STX on Crypto.com when the listing goes live or on previously announced Binance, KuCoin, and HashKey Pro exchanges. Please note that only unlocked STX by non-U.S. persons can be bought and sold on exchanges.

Access to STX for U.S. persons: For U.S. STX holders, there is currently no authorized exchange or alternative trading system (ATS) for buying and selling Stacks, and we cannot comment on when an exchange or ATS might list Stacks at this time. Please keep an eye out for updates at stackstoken.com.

Stacks (STX) FAQs: If you have further questions about anything related to Blockstack or Stacks, please visit the full FAQ available on stackstoken.com or reach out to [email protected].

About Crypto.com: Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 170+ strong team. For more information, please visit www.crypto.com. (Information from CoinMarketCap)

Blockstack Resources: You can learn more about Proof of Transfer (PoX), Blockstack network and Stacks token economics by reading the respective papers.

 


Important disclaimer

Blockstack PBC is not registered, licensed, or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other financial regulatory authority or licensed to provide any financial advice or services.

Forward-looking statements

This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. These statements involve risks, uncertainties, assumptions, and other factors that may cause actual results or performance to be materially different. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.

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Mitchell Cuevas

Mitchell Cuevas

Mitchell is Blockstack PBC’s Head of Growth. He previously led Marketing at UP Global (Startup Weekend, Startup Digest, Startup Week) before joining the Product team at Techstars. He curates the Martech Digest, advises at Cove Group, and runs ScreenChecker.

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