Stratis Trading 6.6% Lower This Week (STRAX)

Stratis (STRAX) traded 4% higher against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on March 14th. Stratis has a total market capitalization of $21.46 million and $67,486.33 worth of Stratis was traded on exchanges in the last day. One Stratis coin can now be bought for approximately $0.0423 or 0.00000050 BTC on exchanges. During the last seven days, Stratis has traded 6.6% lower against the dollar.

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

• Ethereum (ETH) traded up 3% against the dollar and now trades at $1,930.05 or 0.02292772 BTC.
• Cardano (ADA) traded up 3.6% against the dollar and now trades at $0.74 or 0.00000878 BTC.
• Hedera (HBAR) traded up 2.3% against the dollar and now trades at $0.20 or 0.00000233 BTC.
• Avalanche (AVAX) traded up 3.6% against the dollar and now trades at $19.10 or 0.00022689 BTC.
• Uniswap (UNI) traded up 2.4% against the dollar and now trades at $6.04 or 0.00007171 BTC.
• NEAR Protocol (NEAR) traded up 4.7% against the dollar and now trades at $2.68 or 0.00003186 BTC.
• Internet Computer (ICP) traded up 3.1% against the dollar and now trades at $5.63 or 0.00006690 BTC.
• Cronos (CRO) traded 2.7% higher against the dollar and now trades at $0.0832 or 0.00000099 BTC.
• Algorand (ALGO) traded 5.3% higher against the dollar and now trades at $0.20 or 0.00000241 BTC.
• Cosmos (ATOM) traded up 4.8% against the dollar and now trades at $4.11 or 0.00004885 BTC.

Stratis 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 website is stratisplatform.com. Stratis’ official message board is www.stratisplatform.com/news. 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.

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 possible to buy alternative cryptocurrencies such as Stratis directly using U.S. dollars. Investors seeking to acquire Stratis should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stratis using one of the exchanges listed above.

STRAX/USD price chart by TradingView