Blockstack (STX) is a cryptocurrency and blockchain project aimed at creating the “new decentralized internet.” The developers of Blockstack are targeting a system where each user can locally use and operate their own data and applications. This directly contributes to the formation of a decentralized version of the internet.
A significant feature of Blockstack Coin is that it is known to be the first cryptocurrency project approved by the United States’ largest financial regulator, the Securities and Exchange Commission (SEC). With this feature, STX Coin made a significant impact and attracted the attention of users in the U.S. Users can send funds to applications on the decentralized network using STX Coin, support them, or receive payments with it.
How exactly is STX Coin purchased? Binance emerges as the most popular platform users prefer in this regard. The liquidity and security offered by Binance also influence investors’ choice to use it.