What is Stasis Network?

Published on: 21.03.2023
What is Stasis Network?

What is Stasis Network? Stasis Network is a blockchain-based platform that provides a bridge between traditional finance and the world of cryptocurrencies. It was founded in 2017 and is designed to enable the tokenization of assets and facilitate the creation of stablecoins that are pegged to the value of real-world assets.

One of the primary products offered by Stasis Network is the EURS stablecoin, which is pegged to the value of the Euro at a 1:1 ratio. This stablecoin is designed to provide a stable and secure means of storing and transferring value, without the volatility that is often associated with other cryptocurrencies like Bitcoin.

The platform uses blockchain technology to provide transparency and security to its users. The main goal of the network is to bridge the gap between the traditional financial system and the world of cryptocurrency by offering a stable, reliable, and transparent platform for transactions. By using the EURS stablecoin, users can avoid the volatility associated with other cryptocurrencies, making it a more appealing option for traders and investors.

Features of Stasis Network

Stasis has several features that make it unique in the world of cryptocurrency.

Some of the key features of Stasis Network include

  1. Stablecoin
    The Stasis Network’s stablecoin, EURS, is designed to maintain a 1:1 ratio with the Euro. This means that the value of the EURS stablecoin remains relatively stable, providing users with a more predictable cryptocurrency option.
  2. Transparency
    The Stasis Network uses blockchain technology to provide transparency and security to its users. All transactions are recorded on the blockchain, making them publicly visible and verifiable.
  3. Security
    The Stasis Network is designed to be highly secure, with multiple layers of security protocols in place to protect user funds.
  4. Accessibility
    The Stasis Network is designed to be accessible to a wide range of users, including individuals, businesses, and institutional investors.
  5. Regulatory compliance
    The Stasis Network is fully compliant with European Union regulations, providing users with an added level of security and transparency.
  6. Liquidity
    The Stasis Network’s stablecoin, EURS, is traded on multiple cryptocurrency exchanges. It also provides users with access to liquidity and a wider range of trading options.

Overall, the Stasis Network is designed to provide users with a stable, secure, and transparent platform for cryptocurrency transactions.  The platform also focuses on bridging the gap between traditional financial systems and the world of cryptocurrency.

How To Access Stasis Network

To access the Stasis Network, follow these steps:

  1. Visit the Stasis Network website at Stasis Network site and create an account.
  2. Once you have created an account, you can deposit funds into your account using a variety of payment methods, including bank transfers, credit cards, and cryptocurrencies.
  3. Once your funds have been deposited, you can use the Stasis Network’s platform to buy and sell the EURS stablecoin.
  4. You can store your EURS stablecoin in the Stasis Network’s secure digital wallet, which is accessible through the platform.
  5. If you want to trade your EURS stablecoin for other cryptocurrencies or fiat currencies, you can do so through various cryptocurrency exchanges that support the EURS stablecoin.

Note that the Stasis is fully compliant with European Union regulations and requires users to complete a Know Your Customer (KYC) verification process before they can use the platform.  This process typically involves providing proof of identity and address, such as a passport or driver’s license, and a utility bill or bank statement.

Guidelines on How To Use Stasis Network

To use the Stasis, follow these guidelines:

  1. Sign up for an account on the Stasis Network website.
  2. Then, complete the KYC verification process by providing proof of identity and address.
  3. Deposit funds into your account using a variety of payment methods, including bank transfers, as well as credit cards, and cryptocurrencies.
  4. Once your funds have been deposited, you can use the Stasis Network’s platform to buy and sell the EURS stablecoin.
  5. You can store your EURS stablecoin in the Stasis Network’s digital wallet, which is accessible through the platform.
  6. If you want to trade your EURS stablecoin for other cryptocurrencies or fiat currencies, you can also do so through various cryptocurrency exchanges that support the EURS stablecoin.
  7. Keep track of the value of your EURS stablecoin and the current market conditions to make informed trading decisions.
  8. Always prioritize security by using strong passwords and enabling two-factor authentication on your account.
  9. Stay up-to-date with the latest news and developments from the Stasis to make the most of your investment.

Furthermore, remember that investing in cryptocurrencies can be risky. It is also important to only invest what you can afford to lose. It’s also a good idea to consult with a financial advisor before making any investment decisions.

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