Stratis (STRAX) Market Capitalization Hits $21.46 Million

Stratis (STRAX) traded down 3% against the U.S. dollar during the one day period ending at 9:00 AM Eastern on October 3rd. Stratis has a total market capitalization of $21.46 million and $270.62 thousand worth of Stratis was traded on exchanges in the last 24 hours. One Stratis coin can now be purchased for approximately $0.0114 or 0.00000013 BTC on major cryptocurrency exchanges. During the last seven days, Stratis has traded 4.9% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded 2.6% lower against the dollar and now trades at $2,680.51 or 0.03159371 BTC.
• Cardano (ADA) traded down 4.6% against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded 5.7% lower against the dollar and now trades at $0.0658 or 0.00000078 BTC.
• Uniswap (UNI) traded up 0.7% against the dollar and now trades at $9.15 or 0.00010785 BTC.
• NEAR Protocol (NEAR) traded down 5.3% against the dollar and now trades at $4.67 or 0.00005505 BTC.
• Avalanche (AVAX) traded 1.3% lower against the dollar and now trades at $11.07 or 0.00013042 BTC.
• Hedera (HBAR) traded 4.6% lower against the dollar and now trades at $0.10 or 0.00000120 BTC.
• Internet Computer (ICP) traded 1.5% lower against the dollar and now trades at $3.29 or 0.00003875 BTC.
• Algorand (ALGO) traded 0.2% lower against the dollar and now trades at $0.13 or 0.00000153 BTC.
• Cosmos (ATOM) traded down 3.8% against the dollar and now trades at $1.69 or 0.00001990 BTC.

Stratis Profile

Stratis is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. Its launch date was 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 Reddit community for Stratis is https://reddit.com/r/stratisplatform and the currency’s Github account can be viewed here. Stratis’ official website is stratisplatform.com.

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 currently 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, Coinbase or Gemini. 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