#STX grants rewards in bitcoin In the context of Binance, STX refers to the native cryptocurrency of the Stacks network. Stacks is a blockchain platform designed to expand the functionality of Bitcoin, allowing smart contracts and decentralized applications (dApps). STX is used to pay transaction fees and can be locked in the network to earn rewards in Bitcoin.

The role of STX in the Stacks ecosystem:

Native token:

STX is the main unit of account within the Stacks ecosystem.

Transaction fees:

It is used to pay the fees for transactions made on the Stacks network.

Locking and rewards:

Users can lock STX in the network to earn rewards in Bitcoin.

Development of dApps:

STX is essential for the development and functioning of decentralized applications (dApps) on Stacks.

Why STX is important for investors:

Growth potential:

Stacks aims to be a solution to Bitcoin's limitations, which could generate interest in STX.

Participation in dApps:

STX is the currency that allows users to interact with Stacks' dApps.

Passive income:

Locking STX in the network allows users to earn rewards in Bitcoin, providing a way to generate passive income.

In summary, STX is a key piece within the Stacks ecosystem, a blockchain platform that aims to expand the capabilities of Bitcoin, says Binance.