Stratis Trading 1.4% Higher This Week (STRAX)

Stratis (STRAX) traded up 0.5% against the dollar during the one day period ending at 9:00 AM ET on August 8th. Stratis has a market cap of $21.46 million and approximately $125.39 thousand worth of Stratis was traded on exchanges in the last 24 hours. Over the last seven days, Stratis has traded 1.4% higher against the dollar. One Stratis coin can currently be purchased for approximately $0.0087 or 0.00000013 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded down 0.5% against the dollar and now trades at $1,918.53 or 0.02952984 BTC.
• Cardano (ADA) traded 0.9% lower against the dollar and now trades at $0.20 or 0.00000306 BTC.
• Cronos (CRO) traded down 8.9% against the dollar and now trades at $0.0486 or 0.00000075 BTC.
• Hedera (HBAR) traded up 0.4% against the dollar and now trades at $0.0686 or 0.00000106 BTC.
• Avalanche (AVAX) traded 0.8% higher against the dollar and now trades at $6.54 or 0.00010061 BTC.
• Uniswap (UNI) traded 2.7% lower against the dollar and now trades at $3.96 or 0.00006101 BTC.
• NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $1.61 or 0.00002482 BTC.
• Internet Computer (ICP) traded 1.2% higher against the dollar and now trades at $2.11 or 0.00003241 BTC.
• Algorand (ALGO) traded down 2.6% against the dollar and now trades at $0.0868 or 0.00000134 BTC.
• Cosmos (ATOM) traded up 3.8% against the dollar and now trades at $1.40 or 0.00002147 BTC.

Stratis Coin 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 Reddit community for Stratis is https://reddit.com/r/stratisplatform and the currency’s Github account can be viewed here. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here. Stratis’ official website is stratisplatform.com. Stratis’ official message board is www.stratisplatform.com/news.

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. Discord, Facebook, YouTube, Github, Reddit”

Buying and Selling Stratis

It is usually not possible to buy alternative cryptocurrencies such as Stratis directly using U.S. dollars. Investors seeking to acquire Stratis should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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