Stratis Trading 7.6% Lower Over Last Week (STRAX)

Stratis (STRAX) traded 0.4% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on December 7th. One Stratis coin can currently be purchased for $0.0238 or 0.00000027 BTC on major cryptocurrency exchanges. Stratis has a market capitalization of $21.46 million and $895.20 thousand worth of Stratis was traded on exchanges in the last day. In the last week, Stratis has traded 7.6% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 0% lower against the dollar and now trades at $3,032.99 or 0.03408221 BTC.
• Cardano (ADA) traded up 1% against the dollar and now trades at $0.42 or 0.00000469 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.10 or 0.00000116 BTC.
• Avalanche (AVAX) traded 1.3% higher against the dollar and now trades at $13.37 or 0.00015023 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.13 or 0.00000150 BTC.
• Uniswap (UNI) traded 0.7% higher against the dollar and now trades at $5.54 or 0.00006222 BTC.
• NEAR Protocol (NEAR) traded down 1.4% against the dollar and now trades at $1.69 or 0.00001902 BTC.
• Internet Computer (ICP) traded 1.4% lower against the dollar and now trades at $3.44 or 0.00003869 BTC.
• Algorand (ALGO) traded 0.1% lower against the dollar and now trades at $0.13 or 0.00000150 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $2.19 or 0.00002459 BTC.

Stratis Coin Profile

Stratis (STRAX) is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. It launched on August 9th, 2016. Stratis’ total supply is 130,635,514 coins. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here. The official message board for Stratis is www.stratisplatform.com/news. 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.

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.”

Stratis Coin Trading

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

STRAX/USD price chart by TradingView