How to buy Stratis – The Complete Buyers Guide
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In this guide on how to buy Stratis, we will walk you through the different steps you need to take for buying the cryptocurrency (STRAT). We will talk about the different options that are available so that you can easily make a decision which suits you the best.
We will also briefly explain what Stratis is, how it works and why it might be worth investing in.
The steps for buying Stratis are not that hard and with this guide, we will make it even easier for you to buy it. We will go through all the steps, the payment methods and where to buy Stratis in no-time.
How to buy Stratis options
- Buying Stratis with a Credit Card or Debit Card
- Buying Stratis with Bank Transfer or Wire Transfer
- Buying Stratis on a crypto exchange
- Buying Stratis with PayPal
- Buying Stratis with Skrill and Neteller
For those who are unaware, Stratis is a highly strong development platform based on Blockchain technology. It is majorly for industries and enterprises.
Stratis aids in making the process of testing, developing, and deploying C# apps above a.NET framework very easy on its blockchain.
What Is Stratis?
Stratis platform aids the enterprises and industry to utilize the Blockchain technology for diverse use cases.
The platform initially started as one that offers BaaS, Blockchain-as-a-service. And, it has active development that now competes with some other digital currency platforms such as;
The Cryptocurrency token of Stratis is known as STRAT. It was built to operate on the Stratis platform. It is basically a traditional virtual currency of the Blockchain Belo to Stratis.
Furthermore, Stratis began in 2016 as an ICO and raised about 915 bitcoins, i.e., $650k. This was rated among the most successful ICOs of 2016.
On a technical note, Stratis does not have a large supply, although its protocol was structured in a manner that its supply decreases whenever Stratis is mined. The current supply of Stratis in circulation is at 99 810 228 STRAT.
The platform makes use of PoS, Proof of Stake, to validate transactions executed on its system. Its staking rewards are basically one STRAT per sixty seconds. The reward is actively issued among each holder that staked their coin.
Also, Stratis enables intermediary organizations to build, debug, and deploy their very own single private blockchains.
Some of the benefits linked with Stratis includes;
- Easy Usability
Stratis is very simple for developers and enterprises to make use of. Applications that are based on the Blockchain are simpler to build as Stratis makes use of C# and .NET frameworks as well.
Additionally, this practically displaces the learning gap for industries, enterprises, and developers alike.
- PoS; Proof of Stake
While Stratis is more of a digital currency aimed at industries, it has, however, not forgotten its users and investors. It is a PoS virtual currency that rewards its investors for staking their coins on Stratis staking wallet.
It distributes one STRAT every sixty seconds, which is the block resolving time, as a reward to the users who stake their coins and protect the network.
- Private Chains
The Private chains of Stratis offer developers the independence to actually make the desired changes according to what they desire. And, it keeps the parent Blockchain well enough as it provides users with the confidence of security.
Where To Buy Stratis
If you are thinking about investing in Stratis then look no further.
We have explored some of the best current options. And we have looked into ways that you could purchase STRAT using a range of different payment options:
- Buying STRAT with a credit card or debit card
- Buying STRAT with another cryptocurrency (ETH, BTC)
- Buying STRAT with USD, EUR, GBP, etc
It is most common that people buy Stratis either directly from a site where they can buy it with their card.
Or the other way would be to buy another cryptocurrency like Bitcoin or Ether first. And then buy STRAT at another cryptocurrency exchange.
The reason for this is that altcoins like STRAT are not easily accessible like more popular coins like BTC and ETH.
Buying Stratis with a credit card or debit card
If you would prefer to buy STRAT with a credit card or debit card then we will list below some of the options that you could use.
- VISA and Mastercard are most commonly used and accepted worldwide for buying cryptocurrencies with a card
- Changelly (buy STRAT with USD, EUR and GBP)
- Litebit (Buy Stratis with a card and SOFORT)
- Changenow(buy STRAT with USD, EUR and GBP)
Any of these sites would do the job. And the process would be quite similar at all of them.
You need a VISA or Mastercard (sometimes only VISA is accepted). You need a Stratis wallet (to send your STRAT to after purchase), and then perhaps some additional ID and personal details.
Buy STRAT with a bank transfer (wire transfer – ACH – SEPA)
If you would prefer to save on fees, as buying with a card can account for 5-10% in fees then you could buy STRAT with a bank transfer.
Although you can’t buy STRAT directly from one site with a bank transfer. But you could first buy some other cryptocurrency like BTC or ETH with a bank transfer and then send those cryptos to an exchange that trades STRAT.
We recommend to use either of these sites to first deposit via your bank and the buy BTC or ETH:
- Coinbase (if you sign up via this link you will get $10 worth of BTC for free when buying for at least $100)
This would be the process of buying with a bank transfer at those two sites and then proceed to buy STRAT at another cryptocurrency exchange:
- You have at those options to buy BTC or ETH by first registering an account
- Then you proceed to make a deposit to either Coinbase or Kraken
- Then you buy BTC or ETH
- Then send those BTCs or ETHs to an exchange that trades STRAT
- Buy STRAT at that exchange
- Send STRAT to a secure Stratis wallet
Buying STRAT at a cryptocurrency exchange
The most common way to buy altcoins like STRAT is through a crypto exchange.
Then you would actually trade another coin for STRAT. The most common is that you trade some BTC or ETH for it. You always use trading pairs at exchanges. It works like with Forex trading.
Here are some popular cryptocurrency exchanges that trade STRAT today:
Buy STRAT With PayPal
And when it comes to buying STRAT with PayPal it is not currently possible directly. Similar to buying Stratis with a bank transfer you first have to buy a more popular cryptocurrency, like BTC or ETH.
So if you prefer to use PayPal, then do the following:
- First, you use either LocalBitcoins to buy Bitcoin, or LocalCryptos to buy either BTC or ETH
- Then you send those BTC/ETH to another crypto exchange that trades STRAT
- And then you can buy STRAT there with your BTC/ETH
- After that send your STRAT to a secure wallet where you own the private keys to
- Check the above exchanges that we listed, all those trades STRAT today.
Buying Stratis With Skrill And Neteller
Since you cannot possibly purchase this altcoin directly, you can always buy BTC or ETH, whichever one you prefer. Then, send it to a cryptocurrency exchange and trade it for some STRAT tokens. For example, you can use Binance.
Where to store STRAT
After buying some STRAT you need to make sure you store them somewhere safe. In a wallet where you own the private keys to, and no one else.
We have written a guide about the best Stratis wallets – find the full article here.
We will summarise the article with the four best options to use here below. But click on the guide to read the full article for any additional information.
The four best wallet options for STRAT are:
- Stratis Core (desktop wallet)
- Breeze Wallet (desktop wallet)
- Ledger Nano S (hardware wallet)
- Ledger Nano X (hardware wallet)
- You can download Ledger Live for Windows, Mac, and Linux here
- You can learn more about using the Ledger Nano S as your main STRAT wallet here
To Wrap It Up
I hope that this guide to how and where to buy Stratis was helpful. I covered a lot of different options so that there is something for everyone here.
If there is anything that you are unsure about when it comes to buying STRAT then let us know and we will try and help you! Leave a comment below and we will get back to you!
Find other guides on buying cryptocurrencies
Per Englund – Founder of Go CryptoWise a cryptocurrency and tech fan that want to see better and smarter products and services that make our lives better and easier