Price of Stratis (STRAX) today
As of the latest data, Stratis (STRAX) is currently priced at $0.0847 with a market capitalization of $147.86M. The 24-hour trading volume stands at $70.93K, The circulating supply of Stratis is approximately 130.64M. The cryptocurrency has seen a 1.68% increase in value over the past 24 hours.
About Stratis (STRAX)
Stratis is a blockchain-as-a-service (BaaS) platform that simplifies development by offering C# and .NET frameworks, familiar to developers. It allows businesses to build private blockchains without managing the infrastructure, targeting those in a Windows/Microsoft environment. Stratis offers components like private chains, smart contracts, and an ICO platform, reducing costs and complexity for businesses. The platform also provides a Security Token Offering platform compliant with US law. Stratis aims to be a turnkey solution provider for customized blockchains, offering benefits in medical research, IoT, supply chain, and fintech sectors.
The native cryptocurrency on Stratis is STRAT, distributed during an initial coin offering in 2016. STRAT is traded on various exchanges and can be stored in different wallets for security. New tokens are created through Proof-of-Stake mechanism, allowing holders to stake tokens for rewards. The Stratis team, led by CEO Chris Trew and Head of Communications Krushang Patel, focuses on providing efficient blockchain solutions for businesses. With a focus on ease of use and compatibility, Stratis aims to revolutionize blockchain technology for various industries.
How does Stratis work?
Stratis (STRAX) operates as a decentralized platform that enables peer-to-peer transactions through its blockchain technology. It utilizes a proof-of-stake consensus mechanism to validate and secure transactions, ensuring the network's integrity and efficiency. Stratis offers unique features such as smart contracts, sidechains, and custom tokens, allowing users to create and execute complex agreements and applications on the platform. Its versatility extends to various industries, including finance, healthcare, and supply chain management, where it can streamline processes, reduce costs, and enhance security. By leveraging its decentralized nature and innovative features, Stratis provides a reliable and scalable solution for businesses seeking to integrate blockchain technology into their operations, offering a more efficient and transparent alternative to traditional financial systems.
How to keep your Stratis (STRAX) safe?
To keep your Stratis (STRAX) safe, consider using hardware wallets like Ledger for enhanced security. These wallets store your private keys offline, making it nearly impossible for hackers to access your funds. Additionally, trusted platforms like Binance offer advanced security features such as two-factor authentication and withdrawal whitelists to further protect your assets. By utilizing these tools and platforms, you can ensure the safety of your Stratis holdings.
