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Overview of the STASIS EURS Crypto Currency

Overview of the STASIS EURS Crypto Currency

Overview

STASIS EURS is a new crypto currency positioned as the EURO currency tokenized on a blockchain and having the same value and exchange rate as EURO. The currency runs on the Ethereum protocol and is compliant with EIP-20 Ethereum standard.

It is said that EURS is backed by EURO in 1:1 proportion. This means that any EURS user can change their crypto currency to EURO any time. It is called stablecoin as well.

EURS is developed and managed by the STSS (Malta) Limited company located at Malta. The circulating supply makes 12 291 000 EURS with $14 273 705 USD market capitalization. The exchange rates for EURS/USD pair makes $1,16 and for EURS/BTC – 0,00018018 BTC.

For now EURS is traded on the HitBTC and DSX exchanges, however, daily trade volume is relatively low. Main trading pairs are EURS/USDT, EURS/DAI, BTC/EURS, ETH/EURS.

STASIS EURS wallet

EURS offers a mobile wallet for its users both in Google Play and Appstore with possibility to hold Bitcoin and Ethereum as well. For now transaction fee makes 8 Gwei ($0.00000039). There is no possibility to attach a credit card to buy EURS directly from the wallet.

How to buy STASIS EURS

We could not find an obvious and easy way to buy STASIS EURS using a credit card. The only option is to buy Bitcoin or Ethereum using credit card on CEX.io or Changelly.com, transfer them to your STASIS EURS wallet, and then exchange into EURS inside the wallet.

Pros and Cons

Pros

  • EURS is a stablecoin, which means it is not as volatile as Bitcoin or Ethereum.
  • EURS is good for long-term investments.
  • EURS has good mobile wallets.

Cons

  • We could not find an easy way to buy EURS with a credit card.

 

For this article we used graphs from coinmarketcap and an image from iTunes.

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