Stratis (STRAX) Trading 5.7% Higher This Week

Stratis (STRAX) traded down 1.5% against the US dollar during the 24-hour period ending at 17:00 PM E.T. on January 25th. One Stratis coin can currently be bought for about $0.50 or 0.00002123 BTC on exchanges. Stratis has a total market cap of $72.28 million and approximately $7.33 million worth of Stratis was traded on exchanges in the last 24 hours. In the last week, Stratis has traded 5.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded 1.2% higher against the dollar and now trades at $1,617.01 or 0.06908660 BTC.
• Cardano (ADA) traded up 0.9% against the dollar and now trades at $0.37 or 0.00001602 BTC.
• Avalanche (AVAX) traded up 2.2% against the dollar and now trades at $17.97 or 0.00076767 BTC.
• Uniswap (UNI) traded 1.5% higher against the dollar and now trades at $6.62 or 0.00028288 BTC.
• Cosmos (ATOM) traded 6.9% higher against the dollar and now trades at $13.60 or 0.00058099 BTC.
• NEAR Protocol (NEAR) traded up 6.9% against the dollar and now trades at $2.59 or 0.00011068 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.0820 or 0.00000350 BTC.
• Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.25 or 0.00001052 BTC.
• Hedera (HBAR) traded 5.6% higher against the dollar and now trades at $0.0680 or 0.00000291 BTC.
• Internet Computer (ICP) traded 3.8% higher against the dollar and now trades at $5.83 or 0.00024895 BTC.

Stratis Profile

STRAX is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. Its launch date was August 9th, 2016. Stratis’ total supply is 145,448,559 coins. The official website for Stratis 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 purchase alternative cryptocurrencies such as Stratis directly using US dollars. Investors seeking to acquire Stratis should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stratis using one of the exchanges listed above.