Stratis (STRAX) Hits Market Capitalization of $21.46 Million

Stratis (STRAX) traded 0.5% lower against the dollar during the twenty-four hour period ending at 9:00 AM ET on August 12th. One Stratis coin can currently be purchased for $0.0085 or 0.00000013 BTC on popular cryptocurrency exchanges. Stratis has a market capitalization of $21.46 million and $595.73 thousand worth of Stratis was traded on exchanges in the last day. Over the last week, Stratis has traded down 0.7% against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded 1.1% higher against the dollar and now trades at $1,907.43 or 0.02979718 BTC.
• Cardano (ADA) traded 1.4% lower against the dollar and now trades at $0.18 or 0.00000288 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0470 or 0.00000073 BTC.
• Hedera (HBAR) traded up 0.1% against the dollar and now trades at $0.0666 or 0.00000104 BTC.
• Avalanche (AVAX) traded 1% lower against the dollar and now trades at $6.41 or 0.00010006 BTC.
• Uniswap (UNI) traded 7.7% lower against the dollar and now trades at $3.55 or 0.00005544 BTC.
• NEAR Protocol (NEAR) traded up 4.1% against the dollar and now trades at $1.65 or 0.00002580 BTC.
• Internet Computer (ICP) traded 2.4% lower against the dollar and now trades at $2.24 or 0.00003500 BTC.
• Cosmos (ATOM) traded 0.3% lower against the dollar and now trades at $1.42 or 0.00002213 BTC.
• Algorand (ALGO) traded 2.7% lower against the dollar and now trades at $0.0804 or 0.00000126 BTC.

About Stratis

STRAX is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. Its genesis date was August 9th, 2016. Stratis’ total supply is 130,635,514 coins. Stratis’ official website is stratisplatform.com. The official message board for Stratis is www.stratisplatform.com/news. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here. 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. Discord, Facebook, YouTube, Github, Reddit”

Buying and Selling Stratis

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

STRAX/USD price chart by TradingView