Stratis (STRAX) Price Hits $0.0203

Stratis (STRAX) traded 9.1% lower against the U.S. dollar during the one day period ending at 8:00 AM ET on December 31st. One Stratis coin can now be bought for approximately $0.0203 or 0.00000023 BTC on popular exchanges. In the last week, Stratis has traded 5.9% higher against the U.S. dollar. Stratis has a market cap of $21.46 million and approximately $1.75 million worth of Stratis was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 0.4% higher against the dollar and now trades at $2,985.81 or 0.03365310 BTC.
• Cardano (ADA) traded 0.8% lower against the dollar and now trades at $0.35 or 0.00000394 BTC.
• Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.0915 or 0.00000103 BTC.
• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $12.53 or 0.00014120 BTC.
• Hedera (HBAR) traded down 2.1% against the dollar and now trades at $0.11 or 0.00000123 BTC.
• Uniswap (UNI) traded down 1.6% against the dollar and now trades at $5.88 or 0.00006627 BTC.
• NEAR Protocol (NEAR) traded 1.7% lower against the dollar and now trades at $1.51 or 0.00001701 BTC.
• Internet Computer (ICP) traded down 4.2% against the dollar and now trades at $2.80 or 0.00003151 BTC.
• Algorand (ALGO) traded 3.5% lower against the dollar and now trades at $0.11 or 0.00000126 BTC.
• Cosmos (ATOM) traded 1% lower against the dollar and now trades at $1.96 or 0.00002205 BTC.

Stratis Profile

Stratis is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. It was first traded on August 9th, 2016. Stratis’ total supply is 130,635,514 coins. The official website for Stratis is stratisplatform.com. The Reddit community for Stratis is https://reddit.com/r/stratisplatform and the currency’s Github account can be viewed here. Stratis’ official message board is www.stratisplatform.com/news. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here.

According to CryptoCompare, “Stratis is the native value currency in the Stratis Platform, it fuels the creation of private and public custom blockchains for corporate use. The Stratis Platform offers a one-click deployment system for custom blockchain deployment. These blockchains can be customized to suit the companies' needs, and can even be deployed to mimic the features of popular blockchains like Ethereum or Lisk, which can be tested individually or in parallel.The Stratis team will also function as a London Based consultancy agency that will help businesses to deploy the blockchain that best suits them.On the 12th of November, 2020, Stratis lauched a new blockchain and finalized their token swap. The new Mainnet enables flexibility and allows development in a more agile manner, while providing a platform for the development and deployment of DeFi based Smart Contracts.In the official STRAX Blockchain launch announcement, Stratis lists the following enhancements to the platform:Block Reward Increase and Cirrus Sidechain Incentivization, Block Time Reduction, Cold-Staking Activation, Cross-Chain-Transfer Time Reduction, Improvement to Blockchain data stores, Increase of OPRETURN Capacity, Masternode Dynamic Membership, Masternode Collateral Increase, Removal of Legacy Node Support, Segregated Witness Activation.STRAX distribution was performed by an automated script executed on the 12th of November 2020 crediting those who had participated in the initial Token Swap period. Token Swap requests after the initial Token Swap period (15th October 2020 until 9 AM GMT on 12th November 2020) will be subject to an additional defined manual process to prove ownership of funds instead process defined above.”

Buying and Selling Stratis

It is usually not presently possible to buy alternative cryptocurrencies such as Stratis directly using US dollars. Investors seeking to trade Stratis should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stratis using one of the aforementioned exchanges.

STRAX/USD price chart by TradingView