How to buy STASIS EURO (EURS) in the UK

Learn how to buy STASIS EURO (EURS) in our step-by-step guide.

Where to buy STASIS EURO in the UK

It looks like EURS may not be available to purchase on an exchange in the UK.

You can still purchase EURS by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase EURS using a decentralised exchange.
  1. Find EURS on a decentralised exchange and make sure STASIS EURO can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for EURS using an exchange like CoinJar. You will need to purchase enough ETH to swap for EURS as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for EURS on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the EURS tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best STASIS EURO wallets to store your EURS

You can keep your EURS on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your EURS below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is STASIS EURO a good investment?

Although EURS is a Euro stablecoin and, therefore, may be viewed with some safety, there are still several factors that need to be considered before using the token within the cryptocurrency and DeFi ecosystem. Here are a few points to evaluate before placing funds into this asset:

  • Use case: EURS is a stablecoin which maintains a peg to the Euro. As a result, this token should not be purchased with the intention of realising capital gains. Instead, the stablecoin should be used for the transfer of funds and to shelter from the high volatility that is associated with the cryptocurrency markets.
  • Competition: The stablecoin market is heavily saturated. However, the majority of stablecoins created so far have been focused on the US dollar. There are not many stablecoins focused on the Euro. However, the Euro remains the second-largest fiat currency in the world and, therefore, projects such as STASIS may enjoy a first-mover advantage in the sector. The more users the project has, the more stable the coin will likely become.
  • Verification: STASIS claims that each EURS is backed by 1 real-world Euro. To comply with this, STASIS is verified by one of the Top 5 global accounting firms on a quarterly basis. The company also publishes statements daily. These measures should ensure that the platform and associated tokenised assets are fully backed by real-world funds, which in turn should ensure that EURS remains attached to its peg with the real-world Euro. If there are any deviations in reserve values EURS may lose its peg.
  • Payment of gas fees: EURS can be used to pay for gas fees when utilising the STASIS wallet. Instead of paying for gas fees using ETH, the STASIS wallet can be connected to a decentralised application and token holders can utilise EURS instead. If this functionality is expanded to other blockchains, EURS may be able to be used for gas fees on other blockchain networks.
    • Today's STASIS EURO price versus ATH

      Compare today's price of STASIS EURO ($1.069 USD) against its all-time-high price of $1.79 USD on 14 March 2023. The closer the bar is to 100%, the closer EURS is to reaching its ATH again.

      STASIS EURO's price: $1.069
      ATH date: March 14, 2023
      59.72%

      STASIS EURO ATH: $1.79


      How to trade, convert or sell STASIS EURO

      You can convert or sell your EURS with the same exchange you bought it through:
  1. Sign in to the exchange you have EURS on.
  2. If you store your STASIS EURO in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of EURS you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of STASIS EURO.
  6. Complete your transaction and move your EURS to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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