How to buy Stafi (FIS) in the UK
A beginner's guide to buying and selling FIS in the UK.
How to buy Stafi
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Stafi.
- Open an account on an exchange that supports FIS.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Stafi.
- Buy Stafi.
Complete your Stafi purchase and then find the best wallet to store FIS.
What is Stafi?
Stafi (a portmanteau of staking finance) is a decentralised finance protocol designed to unlock the liquidity of staked assets. By staking proof-of-stake cryptocurrency tokens through Stafi, users can acquire reward-Tokens (rTokens) in return. These rTokens can then be traded or used as collateral elsewhere in other protocols, allowing users to access liquidity while still earning staking rewards. FIS is Stafi Chain’s native token. This utility token has a range of uses, including staking to provide network security, paying for transaction fees and for minting and redeeming rTokens. Check out the tokenomics of Stafi for more information on how the token is used. Stafi is also developing rBridge, which will allow users to exchange their FIS and rTokens for Ethereum ERC20 tokens.
Stafi (FIS) is the 641st largest cryptocurrency in the world by market cap, valued at $46,305,912. The current price of Stafi is $1.72, which is -0.524% lower than yesterday. Prices have ranged between $1.82 and $1.72 over the past 24 hours. All prices are listed in US dollars and accurate as of October 16, 2021 08:10 UTC.
Where to buy Stafi
Find an exchange to buy, sell and trade FIS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Stafi?
The technical analysis gauge for Stafi displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Stafi based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Stafi: moving averages, oscillators and pivots. Finder is not responsible for how FIS performs.
Stafi at a glance
|Total FIS supply||102,245,900|
|All time high||US$4.70|
|Notable team members||Young Liam, Tore Zhang|
|Partnerships||Injective Protocol, Bluzelle, Chainlink, Oasis Protocol Foundation, DeXe.Network, Marlin, Stone DeFi, EasyFi, Unmarshal|
|Token uses||Staking, platform fees, governance|
Stafi price performance over time
How to sell Stafi
You can cash out your FIS with the same exchange you bought it through:
- Sign in to the exchange you have FIS on.
If you store your Stafi in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of FIS you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Stafi.
What to consider when buying StafiCryptocurrencies are speculative assets and come with a high level of risk attached. It’s essential that you fully understand those risks before buying FIS or any other crypto. Some of the factors to consider if you’re thinking of buying FIS include the following:
- Competition. Stafi isn’t the only project out there that is aiming to allow users to access the liquidity of staked assets. Make sure to consider what impact competition from these other projects and platforms, such as Lido and Rocket Pool, might have on the success of Stafi.
- Token supply. As of 14 April 2021, the maximum supply of FIS is 102,245,900, with a circulating supply of ~11%.
- Roadmap. The Stafi team provides regular updates and announcements on their Medium channel. Some of these posts include updates on Stafi’s progress in regards to the objectives outlined in its roadmap, so they’re well worth reading to monitor the team’s progress. For example, in a post from January 2021, founder Liam Young revealed the reasons why Stafi had failed to achieve a couple of milestones in its Q4 2020 roadmap.
- Early days. Like so many other DeFi protocols, Stafi is still in its infancy. There’s plenty of development still to be done, so it remains to be seen whether the Stafi team can continue to meet their objectives in the months ahead.
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Disclaimer: Cryptocurrencies, including Stafi, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FIS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Stafi or any other cryptocurrency discussed.
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