How to Buy StarkNet on CEX.IO

StarkNet is a layer 2 (L2) blockchain built on top of the Ethereum network. It aims to provide a high-throughput, low-cost platform for decentralized applications (dApps). StarkNet utilizes zk-STARKs, a type of zero-knowledge-proof technology, to potentially achieve scalability without compromising security or decentralization.

STRK, the native cryptocurrency of the Starknet blockchain, fuels three essential functions: paying transaction fees, participating in governance votes to shape Starknet's future, and staking to secure the network.

Curious participants can obtain Starknet's native token on CEX.IO, a well-known crypto exchange that allows customers to store, sell, convert, trade, and buy crypto in 200+ countries worldwide. Here's how to buy STRK with a credit and debit card instantly. 

Why Starknet? 

Starknet is designed as a general-purpose blockchain, meaning it's not limited to specific use cases, like VeChain (VET), for example. Developers can build a wide range of dApps on Starkent, potentially benefiting from its scalability and security. 

Another feature that potentially sets Starknet apart from other blockchains is its unique proof system. Most layer-2 solutions rely on optimistic rollups, while this network utilizes zk-STARKs. This cryptographic proof allows Starknet to verify transactions off-chain while keeping Ethereum's security level. 

This could bring cheaper and faster transactions compared to Ethereum.  

Finally, to achieve greater efficiency when running decentralized applications, Starlet has developed its own language, Cairo. This language potentially offers developers more flexibility and optimization when creating smart contracts. 

However, this requires developers to learn an entirely new coding environment to build on Starknet. 

How to buy STRK with a credit or debit card on CEX.IO

Interested parties can acquire STRK through Instant Buy, available on our web platform and crypto trading app, tailored to iOS and Android users. This functionality allows eligible customers to connect their credit and debit cards seamlessly with a free crypto wallet, courtesy of CEX.IO. 

Here's how to buy STRK on CEX.IO: 

1. Register and verify your account.
2. Navigate to Instant Buy. 
3. Choose the fiat currency (EUR, USD, GBP) you wish to use for the purchase from the You Pay menu.
4. Enter the fiat amount you're ready to spend on acquiring STRK.
5. Select STRK from the list of available assets and click Buy Crypto Instantly.
6. Choose a credit/debit card as the preferred payment method.
7. Enter your card information as instructed on the screen and click Add Card.
8. Review all transaction details, including the selected asset, purchase amount, and card information, then initiate the purchase process.
9. Confirm the transaction 
10. Upon successful purchase, the STRK will be deposited into your crypto wallet. 

Remember that STRK is currently unavailable for users in the U.S.

Other payment methods customers can use to buy STRK

With CEX.IO, enthusiasts have the flexibility to use conventional payment methods like credit or debit cards, bank transfers (SEPA, SWIFT), Google/Apple Pay, and e-wallet services (Skrill, Neteller). Those with a portfolio can even use existing cryptocurrency holdings to purchase STRK. 

CEX.IO offers the opportunity to buy crypto with a prepaid card for those who prefer not to share their bank account information online. This functionality empowers crypto aficionados to make secure online purchases on our exchange without revealing their banking details.

For more information about this convenient payment method, please refer to this guide. 

Please note: CEX.IO offers a variety of payment methods to acquire cryptocurrencies, but availability depends on your location and account verification status. For instance, using PayPal to acquire crypto is currently limited to users residing in the U.S. Conversely, customers from the U.S. jurisdictions are not able to buy crypto with a bank transfer due to regulatory considerations. 

For a complete list of supported methods of payment in your region, please visit this page.

FAQs

How can I track the price of STRK on CEX.IO?

Curious participants can track STRK's price movement on our user-friendly cryptocurrency prices page. This resource offers real-time market data on STRK, including its current price, daily change, and market capitalization. This information empowers crypto lovers to make informed decisions about their STRK holdings, and explore potential buying or selling opportunities. 

What is the CEX.IO crypto debit card?

For EEA residents, the CEX.IO crypto debit card unlocks real-world cryptocurrency spending. This virtual card integrates with the user's CEX.IO wallet, allowing them to use their crypto for online purchases, and even in brick-and-mortar stores. It acts as a bridge between the world of digital assets and traditional finance, offering a convenient way to spend crypto.

What is CEX.IO Staking? 

CEX.IO Staking empowers users to earn rewards on their cryptocurrency holdings. Our staking crypto program allows customers to potentially grow their portfolios by simply holding eligible coins in their CEX.IO account. Unlike some staking services, CEX.IO handles the technical complexities, allowing enthusiasts to participate effortlessly and maintain flexibility to trade or withdraw their staked crypto whenever needed.