Stratis (STRAX) Achieves Market Cap of $21.46 Million

Stratis (STRAX) traded up 2.9% against the US dollar during the 24-hour period ending at 23:00 PM Eastern on August 6th. One Stratis coin can now be purchased for $0.0424 or 0.00000075 BTC on popular exchanges. In the last seven days, Stratis has traded down 15.1% against the US dollar. Stratis has a total market capitalization of $21.46 million and $48,818.39 worth of Stratis was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded down 0.2% against the dollar and now trades at $2,500.43 or 0.04410765 BTC.
• Cardano (ADA) traded 2.9% higher against the dollar and now trades at $0.34 or 0.00000593 BTC.
• Avalanche (AVAX) traded up 3.4% against the dollar and now trades at $21.17 or 0.00037337 BTC.
• NEAR Protocol (NEAR) traded up 1.8% against the dollar and now trades at $3.77 or 0.00006659 BTC.
• Internet Computer (ICP) traded up 3.4% against the dollar and now trades at $7.65 or 0.00013489 BTC.
• Uniswap (UNI) traded up 3.9% against the dollar and now trades at $5.91 or 0.00010424 BTC.
• Cronos (CRO) traded up 5.3% against the dollar and now trades at $0.0811 or 0.00000143 BTC.
• Hedera (HBAR) traded up 1.8% against the dollar and now trades at $0.0558 or 0.00000098 BTC.
• Cosmos (ATOM) traded 2% higher against the dollar and now trades at $4.93 or 0.00008699 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000202 BTC.

Stratis Coin Profile

Stratis (CRYPTO: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 message board is www.stratisplatform.com/news. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here. 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 (STRAX) is the native cryptocurrency token of the Stratis platform, a blockchain-as-a-service (BaaS) provider that enables organizations to develop, test, and deploy blockchain-based applications using the .NET framework. STRAX is used to compensate participants who support the network by staking, pay for transaction fees, and run smart contracts on the platform. The Stratis platform and its STRAX token were founded by Chris Trew, an entrepreneur with a background in enterprise IT and cloud computing.”

Buying and Selling Stratis

It is usually not possible to buy alternative cryptocurrencies such as Stratis directly using US dollars. Investors seeking to trade 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 exchanges listed above.

STRAX/USD price chart by TradingView