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Stratis [New] STRAX Price

$0.045

3.7%

$0.043

24h Range

$0.045

Market Cap

$84,243,447.1

Fully Diluted Valuation

$92,835,302.7

24 Hour Trading Vol

$13,125,971.5

Circulating Supply

1,869,035,833.0

Total Supply

2,059,655,833.0

Max Supply

Info

STRAX Price Statistics

Stratis [New] Price

$0.045

24h Range

$0.043 - $0.045

Percent Change 1h

3.47%

Percent Change 24h

3.7%

Percent Change 7d

11.75%

All-time high

$22.77

All-time low

$0.011

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About Stratis [New]

What is Stratis [New] (STRAX)?

Stratis [New] (STRAX) is a blockchain platform designed to facilitate the development and deployment of decentralized applications (dApps) and smart contracts. Initially launched as Stratis in 2016, the platform underwent a significant upgrade in 2021, rebranding to Stratis [New] and transitioning to a more adaptive and robust ecosystem. STRAX serves as the native cryptocurrency of the Stratis platform, enabling transactions, powering smart contracts, and incentivizing developers. The platform supports C# and .NET, making it particularly appealing for developers familiar with Microsoft technologies, and aims to simplify blockchain integration for businesses.

Who are the Founders of Stratis [New]?

Stratis was founded by Chris Trew, who has a background in software development and entrepreneurship. Trew envisioned Stratis as a solution to bridge the gap between traditional enterprises and blockchain technology, focusing on delivering user-friendly tools and services. The team behind Stratis includes a diverse group of professionals with expertise in blockchain, software development, and business strategy, contributing to the platform’s continuous evolution and innovation.

How does Stratis [New] Work?

Stratis [New] operates on a unique architecture that leverages sidechains, allowing developers to create and manage their own blockchains while benefiting from the security of the main Stratis chain. This modular approach enables enhanced scalability and flexibility, accommodating various business needs. The platform uses a Proof of Stake (PoS) consensus mechanism, which promotes energy efficiency and decentralization. Developers can write smart contracts using C# and the .NET framework, streamlining the process for those already familiar with these technologies. Additionally, Stratis offers tools like the Stratis Smart Contract Platform and Stratis Identity, further facilitating the development of secure and compliant dApps.

Top Use Cases of Stratis [New]

Stratis [New] has several prominent use cases:

  • Enterprise Blockchain Solutions: Stratis allows businesses to create tailored blockchain solutions that meet specific operational needs, such as supply chain management and identity verification.
  • Tokenization: Companies can tokenize assets, allowing for fractional ownership and improved liquidity. This is particularly useful in real estate, art, and other high-value assets.
  • Decentralized Finance (DeFi): Stratis enables the development of DeFi applications, allowing users to lend, borrow, and trade assets in a decentralized manner.
  • Gaming and NFTs: The platform supports the creation of blockchain-based games and non-fungible tokens (NFTs), providing creators with tools to build and monetize their projects.
  • Identity Management: Stratis Identity enables secure and efficient identity verification processes, enhancing security and user privacy in various applications.

How to Keep your Stratis [New] Safe?

To ensure the safety of your Stratis [New] (STRAX), consider the following best practices:

  • Use Hardware Wallets: Store your STRAX in hardware wallets like Ledger or Trezor, which provide offline storage and protect against hacking.
  • Enable Two-Factor Authentication (2FA): Use 2FA on any exchange or wallet service to add an extra layer of security to your accounts.
  • Keep Software Updated: Regularly update your wallets and any software related to Stratis to protect against vulnerabilities.
  • Avoid Phishing Scams: Be cautious of unsolicited communications and only access wallets and exchanges through official websites.
  • Backup Your Wallet: Regularly back up your wallet information and recovery phrases in a secure location.

How to Invest in Stratis [New] (STRAX)?

Investing in Stratis [New] (STRAX) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Stratis [New]: Once your account is funded, you can purchase Stratis [New] directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Stratis [New] (STRAX) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Stratis [New] using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Stratis [New] (STRAX) in the Long Term?

Stratis [New] (STRAX) is currently trading at $0.045 and exhibits good potential for future growth. Check the latest Stratis [New] (STRAX) price prediction.

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