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STK (STK)

Market Cap

$1,287,585 USD

Volume (24h)

$21,321 USD

3.9
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    STK Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    STK Volume Ratio Rank: 2/100

  • Market Cap

    The total cost of all coins available.

    STK Market Cap Rank: 78/100

  • 24h Change

    Is the price moving up or down?

    STK 24h Change Rank: 49/100

  • Social Following

    How many users are following this coin?

    STK Social Following Rank: 46/100

  • Google Trends

    How many users are searching for the coin?

    STK Google Trends Rank: 42/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    STK Twitter Citation Rank: 34/100

  • User Voting

    How popular is this coin among Cointobuy community?

    STK User Voting Rank: 90/100

STK investment analysis

This is another cryptocurrency payment solution, but they do have some pretty cool tricks up their sleeve. The platform actually acts as a gateway to provide instant cryptocurrency payments to merchants, while utilizing equipment that they already have available.

This makes the growing pains of adoption a much easier process since these merchants don't have to purchase any extra equipment. Though the methods by which this will be integrated don't seem to be available yet.

Users interested in using the application or card for payments will need to hold a certain number of tokens in their wallet to connect to the network for payments processing. Using their own liquidity pool, this token creates a sort of guarantee that allows merchants to accept cryptocurrency payment safely without waiting for confirmations.

However, with the number of other high profile payment applications running around, it is questionable whether mainstream users will bother holding a strange token to gain access to a payment network when there are more convenient options available. If you're interested in making an STK investment, then keep reading to find out more about this project's vision.

How to buy?
current price
$0.003743
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+164.2%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.009891
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

147/2012
by Safety
1028/2012
by Profit
historical data

How to buy STK?

It's possible to buy STK on only a handful of exchanges, and you may need to make some alternative accounts in order to do so. However, the trading volume is quite good, and you should have no problems executing a trade here. You can even take your pick of trading pairs, as Bitcoin and Ethereum both have pretty even liquidity to facilitate a trade.

This is an ERC20 token, and that means that interested parties will need to acquire a legitimate Ethereum wallet to store their investment. Investors should be cautious, as there are some scam wallet apps going around. Make sure that you check for reviews before you download any wallet application. If you need a little help, then consider using Coinomi or Jaxx. These applications for Android and iOS are both highly rated by cryptocurrency enthusiasts. Be sure to create a backup of your wallet seed in a safe place in the case that you need to restore your wallet.

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Is it safe to invest in STK now?

The STK analysis is quite good in some areas, but they are notably very lacking in the exchanges and trading volume sections. The trading volume is not dangerously low, however, and investors should keep in mind that this metric is simply comparing it to other cryptocurrencies on the site.

Social and trends seem to be good, and this project does have a good number of followers, however, they don't seem to be as engaged as they should be. Excitement does tend to taper off after the initial announcement, but the team could step up their marketing a bit here.

If you invest in STK, then you should know that they are not the only cryptocurrency payment processor on the block. There are a plethora of other projects offering payment cards of every kind, and many of these have much more backing than this project does.

Getting vendors to accept cryptocurrency payments directly is a very slow process, and if you intend to put money into this project, then you'll likely need to be very patient. However, the supply is quite low for this asset, and since every user is required to lock up tokens in order to use the platform, it does give the token a good use case if they can get people to adopt the application.

However, competitor Monaco has a much larger foothold in the payment processing arena. They also will not require users to hold any tokens to make payments, but still offer them great benefits in other ways. The number of features they have far outweighs what this particular project offers, and they are much farther ahead of them in development.

This creates a huge problem for project's potential for adoption and investors should be aware of this before they put their money into the platform. You should take a moment to ask yourself if this is the best solution and make sure to vet it against all the other available merchant processing platforms, as there is a ton of them out there.

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