How to buy Stratis – The Complete Buyers Guide
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 On Coinbase
- Buying Stratis with a Credit Card or Debit Card
- Buying Stratis with Bank Transfer or Wire Transfer
- 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 98956502.
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
The digital currency of Stratis has been made available on roughly thirteen worldwide trading sites, and it enjoys a huge amount of 1106 Bitcoins, i.e., $8.4million. STRAT is purchased on exchanges by trading either;
You do not need to bother yourself on where to buy Stratis as it can be bought at diverse crypto exchanges like:
Buying Stratis On CoinBase
When you want to buy STRAT coin, you will first of all need to buy ether. Once you get Eth, you can move further to exchange it for your Strat token. So, we will give you a breakdown of how to buy Ether on CoinBase. It goes thus:
- Account creation
Before you can make use of CoinBase, you must, first of all, have an account. You will be required to fill a form with personal details that range from your name down to your email.
- Account validation
Here, you will have to issue your phone number and upload an image of your photo identity. Next is to choose if you are going to verify your credit card, debit card, or your bank information.
- Option to buy or sell
What you will have to do here is to select either the buy or sell option that is on the menu immediately your account gets validated. Once the validation is complete, you are to select this option, then click on Ethereum.
After clicking on Ethereum, you are to input the exact amount you are interested in purchasing.
- Purchase confirmation
You will click on the confirm buy button that will be made available to you. The next step to follow is to open an account on any of the exchanges that were mentioned above as they accept Stratis.
Buying STRAT With Credit Or Debit Card
As it stands, there is no way you can actually buy Stratis with either your debit card or your credit card in any of the available United States exchanges.
However, since we have highlighted how to buy Stratis and where to buy Stratis, we will let you know how to buy it. In purchasing the Strat token, you need to, first of all, buy either Litecoin or Bitcoin via CoinBase.
For the main time, you can make use of Ethereum as they provide users with the lowest transfer and exchange fee. It is way lesser than what Bitcoin has to offer.
To get started, you can follow the process we have displayed above on how to purchase from CoinBase.
How To Buy Stratis With Bank Transfer Or Wire Transfer
Similar to all other altcoins, you cannot possibly purchase Strat token directly with your bank information or wireless transfer without going through exchanges like CoinBase to purchase Ethereum.
This means that you will have no choice but to follow the steps we have itemized on how to purchase Strat from CoinBase.
Buy STRAT With PayPal
Like what we have explained above, your best bet to having a hold on Strat tokens with the aid of PayPal is to first of all move to CoinBase. And, make use of the process we have highlighted.
You can decide to buy Ethereum or Bitcoin, but as we mentioned, Ethereum offers far lesser fees than what you will get offered to you on Bitcoin.
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, it will be exchanged for Start tokens on exchanges like 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.
Therefore we can recommend a couple of different options for you here.
First we got the official wallets from Stratis themselves. These are extra recommended and it is worth looking into, find out more here.
Another good option that you have is to store them on a hardware device. Such as the Ledger Nano S or X. You can find out more about that here.
To Wrap It Up
Ranked at number forty-four by market capitalization, Stratis has fully completed a whole production launch of its ICO platform. This ICO is likely to help in raising funds very easily.
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