STASIS EURS (EURS) is a cash collateralized stablecoin pegged to the euro, backed by EUR bank deposits and issued by STASIS, a Maltese firm. It operates on the Ethereum platform and is usable across various crypto applications for decentralized finance (DeFi). EURS is designed to maintain a stable value, ensuring 1 EURS is always worth 1 EUR, making it ideal for payments, commerce, and savings. The company provides regular audits and transparency reports to ensure the token's value is backed by real euros.
STASIS EURS (EURS) is a stablecoin that offers a range of use cases, leveraging its stability, transparency, and accessibility to bridge the gap between traditional financial systems and the decentralized realm of cryptocurrencies. Here are some key ways EURS is used:
Global Payments: EURS can be used for cross-border payments, providing a faster and more cost-effective alternative to traditional banking systems. It enables seamless transactions across different jurisdictions, making it an attractive option for international transactions.
Trading: Many cryptocurrency traders and investors use EURS as a stable trading pair against other digital assets. Its stability and liquidity make it an attractive option for those seeking to hedge against market volatility.
Remittances: The low fees and fast transaction times offered by EURS make it an ideal solution for remittance services. Individuals can send funds internationally without the need for intermediaries, reducing costs and improving efficiency.
Digital Commerce: EURS can be used for e-commerce transactions, providing a secure and reliable medium for conducting digital transactions. Its compatibility with popular platforms makes it highly accessible to users across the globe.
DeFi and Institutional Use: EURS is also used in decentralized finance (DeFi) applications and by institutional businesses, offering a reliable and regulated digital asset for various financial use cases.
Overall, EURS is designed to provide a stable and trustworthy digital version of the Euro, making it suitable for a wide range of applications that require a reliable store of value and efficient transactions.
To store STASIS EURS (EURS) tokens, you do not store the tokens themselves. Instead, you store the private key that gives you access and control over a wallet address containing the EURS tokens. This private key is stored in a wallet, which provides an interface to use it.
To buy STASIS EURS (EURS) tokens, you can follow these steps:
Choose a Reliable Exchange:
- Binance: Although EURS is not listed on Binance, you can use their guide to buy ETH and then transfer it to a decentralized exchange (DEX) that supports EURS.
- Mt Pelerin: You can buy EURS directly on Mt Pelerin using a card or bank transfer without requiring identification for transactions below certain thresholds.
- Bit2Me: Buy ETH on Bit2Me and then transfer it to a MetaMask wallet. From there, you can exchange ETH for EURS on a DEX like PancakeSwap.
Set Up a Wallet:
- Trust Wallet: Download and set up Trust Wallet, which supports the Ethereum network. Ensure you keep your seed phrase safe and note your wallet address.
- MetaMask: Create a MetaMask wallet, available as a browser extension or mobile app, to store and manage your ETH and EURS.
Buy ETH:
- Binance: Buy ETH on Binance and transfer it to your Trust Wallet.
- Bit2Me: Buy ETH on Bit2Me and transfer it to your MetaMask wallet.
Transfer ETH to a DEX:
- 1inch: Connect your Trust Wallet to 1inch to trade ETH for EURS.
- PancakeSwap: Connect your MetaMask wallet to PancakeSwap to trade ETH for EURS.
Swap ETH for EURS:
- Select ETH as the payment and EURS as the coin you want to acquire. Make the swap and wait for the transaction to complete.
Verify Smart Contract (if necessary):
- If EURS does not appear on the DEX, find its smart contract address on Etherscan.io and copy-paste it into the DEX to perform the swap manually.
Remember to be cautious of scams and ensure you are using official contract addresses.
