How and Where to Buy Student Coin (STC) – Detailed Guide
- What is STC?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy BTC with fiat money
- Step 3: Transfer BTC to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade STC
- Last Step: Store STC securely in hardware wallets
- Other useful tools for trading STC
- Frequently Asked Questions
- Latest News for STC
- STC Price Prediction and Price Movement
What is STC?
What Is Student Coin (STC)?
Student Coin was as an educational project, founded in 2019 by students from the Kozminski University, Warsaw. Originally named "ALK Token," it aimed to explore blockchain's practical applications. By 2020, over 15,000 students from 500+ universities globally claimed free tokens, fostering blockchain education.
The project created the STC Academy, a place where users could educate themselves for free about the blockchain technology, which was then extended with a paid courses and called an STC University serving higher needs. The team, also build a platform called STC Terminal, where users could create their own tokens completing five simple steps. As the project evolved the team launched Coinpaper.com, a crypto news portal, delivering daily news from the blockchain world to over 60,000 readers monthly.
Why did the Student Coin close its project?
Despite the token's impressive growth, that sustained for more than two months in 2021, achieving such levels again seemed unfeasible. Increased spending on the development of the project and its products did not significantly impact the token's price, indicating unsustainable marketing dynamics.
Moreover, the cryptocurrency landscape shifted towards speculation, putting Student Coin at a disadvantage in the face of strict legal standards. Ongoing legal uncertainty has hampered long-term planning, inhibiting initiatives such as the transformation of STC Wallet into a full exchange.
Coupled with the pressure of community expectations and evolving visions, Student Coin decided to allow the repurchase of the $STC token to restore the decision-making power of our community, acknowledging the closure of the project with gratitude and professionalism.
History Student Coin
Student Coin was initiated by a group of undergraduate students at Kozminski University in Warsaw, Poland, in 2019. Initially named "ALK Token," its primary utility was to explore blockchain capabilities, including sending, receiving, and converting tokens. The successful outcome of this experiment encouraged Student Coin team to pursue vision of imparting blockchain knowledge through practical application, leading to airdrops of the token to students at Kozminski University and other Polish universities.
By the end of 2020, Student Coin reached more than 15,000 students from more than 500 universities around the world, enabling anyone with a valid student ID to claim free STC Tokens.
In the project's early stages, the team aimed to add substantial value to the $STC Token. STC Academy was established (called initially the STC Educational Panel), a comprehensive online resource covering blockchain, cryptocurrencies, and personal crypto security. Encouraged by the growing enthusiasm within the community, STC team sought funding to develop more sophisticated project elements, such as a wallet, exchange, and terminal, enabling students to create their tokens. A pre-launchpad at the end of 2020, pricing the token at USD 0.0025, significantly accelerated development, allowing STC to enlarge team and secure listings on Uniswap and the first centralized exchange.
February 2021 marked the beginning of the STC Launchpad, which expanded community from 20,000 to over 200,000 users and facilitated the sale of $STC Tokens at remarkable valuations. Which enabled to expand Student Coin business and technical teams and introduce additional projects under the Student Coin banner. The $STC Token was also listed on over ten exchanges, including major platforms like KuCoin, Bittrex, and Bithumb Global.
By the end of 2021, Student Coin launched an upgraded version of the STC Wallet, introduced the STC Terminal for custom token creation, and established Coinpaper.com, a crypto news portal.
In 2022. Student Coin upgraded the STC education panel to STC Academy and updated the STC Wallet into many new features. The team also revised some initial strategies, such as university tokens and crowdfunding support for startups.
In 2023, Student Coin launched a STC University, an advanced version of the STC Academy offering comprehensive blockchain education and produced numerous educational videos about cryptocurrencies. Coinpaper experienced significant growth, with an active user increase rate of nearly 19,75% each month.
When Was Student Coin Launched?
Student Coin was launched in 2019, and it was developed for over 5 years, in 2024 the project decided to close itself and proceed with a Studnet Coin token redemption buying back all of the tokens from STC users.
How did Student Coin Redemption Process Look?
STC token was traded on a lot of exchanges, including KuCoin. The team has met its roadmap targets, educating more than 210,000 users through its STC Academy and University platforms, and delivering information newsletters to over 60,000 readers each month.
The project used 100% of its resources to buy all tokens from its users, starting in April 9, 2024 proceeding with the redemption process for five years until 2029.
All STC tokens will be burned and sent to: 0x000000000000000000000000000000000000dEaD - the burn address at which all of the redeemed and repurchased $STC Tokens will be locked irreversible. The STC token was delisted from all of the exchanges.
What was the Student Coin Redemption Price?
$STC Token Redemption was conducted at a price above market value between $0.006 and $0.0137, depending on the user activity at the STC Wallet.
What Will Happen to the Student Coin Social Media?
Student Coin has established multiple social media channels and groups to discuss its development. These platforms will continue to operate as usual until June 9, 2024, with moderators available to assist users in the token redemption process. After that date, support will be provided exclusively through Helpdesk, and the chats will be discontinued. Social media activities will also be suspended, except for posts reminding users of the redemption deadlines.
How much time did Student Coin users have for redemption?
The STC Token redemption process was stared on April 9, 2024 and lasted until June, 2024 for the STC Wallet users. However it will take place for up to fiver years (until 2029) for the STC on-chain users.
What are the Products of Student Coin (STC)?
To complete the vision set out above and assign a clear vision to each activity, Student Coin created the STC.XYZ group — a central unit for the entire STC ecosystem and its products. The STC.XYZ is a central unit managing every activity that influences the fundamental value of the STC Token. Thanks to the unit, each product is cross-boosted by another.
STC Ecosystem includes
- Coinpaper
- STC Wallet
- STC Terminal
- STC Academy
- STC.University
- STC App (for iOS and Android)
- Research and Finance Group
What is Coinpaper?
Coinpaper, an integral component of the STC ecosystem, serves as a prominent portal delivering essential news from the cryptocurrency sphere daily.
In addition to its comprehensive coverage of crypto developments, Coinpaper offers a specialized Web3.0 newsletter known as Coinpaper Digest. This newsletter provides curated insights into the latest advancements and trends within the Web3.0 landscape, enhancing the platform's value proposition for users seeking timely and relevant information in the digital asset space.
What is STC Wallet?
STC Wallet is the secure center of the entire STC ecosystem, with an intuitive function to purchase chosen assets, manage your funds, and read news.
STC Wallet is also the place where STC DAO Votings take place and leads the STC Premium Holders Program for the Voting participants.
What is STC Terminal?
STC Terminal is a platform that allows you to create your own ERC20-based token in 5 simple steps, in less than 10 minutes. The one-stop platform to design, manage, and issue tokens. Thanks to the STC Terminal, everyone can create the ERC20 token with many custom features.
What is Student Coin University?
It is an online Web3 University that offers diverse courses on blockchain technology. STC mission is to drive blockchain adoption through learning.
Picture a university that's scalable and capable of accommodating an ever-growing number of students without the physical limitations that traditional universities face. This is the vision that drives Student Coin University.
How many STC have been burned?
After the redemption process, all of the remaining STC will be burned and sent to a dead Ethereum address. You can preview the amount of burned tokens here.
Who is the Founder of Student Coin?
Student Coin (STC) was founded by Wojciech Podobas, an expert in crypto-mathematics and CEO of the project, part of a global team from various fields and prestigious universities, including students, teachers, and entrepreneurs.
Is Student Coin a Utility Token?
Student Coin and the $STC Token (contract address 0x15B543e986b8c34074DFc9901136d9355a537e7E) have always been issued as utility tokens, as clearly outlined in all Terms of Use, Student Coin website, and communications. The token's utility includes facilitating blockchain education, participation in STC University courses, utilizing some STC Academy features, and engaging in DAO Decisions (not associated with the company’s decisions). The $STC Token has never been tied to any tangible value or intangible value.
$STC Tokens were not intended by design to be used for payments, nor do they represent share rights in the sense of commercial law. The basic premise of STC, which has not changed, was educational (functional) in nature, aiming to educate about blockchain technology and learn about the potential of usability of tokens.
What happened to Student Coin products?
- Coinpaper.com, as a rapidly growing news website, will continue its operations as usual. It is self-funding and will maintain its current business model.
- STC Academy and University, publicize all paid content through integration with Coinpaper, but won't develop further as separate projects. The content will stay online and for free indefinitely on a special section of Coinpaper.
- STC Wallet, date October 9, 2024, after which all data and project information available, there will be permanently deleted.
- STC Terminal, was suspended with effect date on 9 april, 2024.
What Blockchain is Student Coin?
Student Coin runs on Ethereum.
How Many Student Coin (STC) Coins Are There in Circulation?
As of July 2022, the maximum supply of STC is 10,000,000,000 tokens, and 5.32B STC (53%) of the total supply in circulation.
How Is the Student Coin Network Secured?
STC is an ERC-20-compatible token, meaning that it runs on the Ethereum blockchain, which is secured by a proof-of-work (PoW) consensus mechanism. In addition, Student Coin (STC) has been audited by Hacken.
STC was first tradable on 30th Jul, 2020. It has a total supply of 10,000,000,000. As of right now STC has a market capitalization of USD $60,094,388.55. The current price of STC is $0.00601 and is ranked 728 on Coinmarketcap and has recently surged 13.52 percent at the time of writing.
STC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy STC.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy BTC with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer BTC to an Altcoin Exchange
But we are not done yet, since STC is an altcoin we need to transfer our BTC to an exchange that STC can be traded. Below is a list of exchanges that offers to trade STC in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit BTC to the exchange from UpHold. After the deposit is confirmed you may then purchase STC from the exchange view.
Last Step: Store STC securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your STC for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy STC with cash?
There is no direct way to buy STC with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy STC in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy STC or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on Student Coin's fundamentals and current price here.