Stratis Cryptocurrency Review: A Quick Explanation of The Coin - Coindoo

Stratis Cryptocurrency Review: A Quick Explanation of The Coin

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Mar 5, 2018
3 min reading time
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About Stratis

Stratis is a blockchain-as-a-service (BaaS) platform, based in the United Kingdom. The network is perfect for businesses and institutions who want to create their own blockchain using a distributed ledger technology.  The project was launched on 09 August 2016, by a software developer named Chris Trew. He assures us that behind the interface work the greatest developers in the world.

Stratis is also sidechains-based. It allows private corporations built a customized project. Due to nStratis platform, companies can bring the strategies to life. All they need to know is C# and Microsoft .Net programming language. After creating the private sidechains, there will not be worry about block security. These are being maintained on the main sidechain.

Stratis cryptocurrency tokens are called STRAT.

How to buy STRAT tokens?

You can buy STRAT tokens with fiat currencies, but it will seem difficult to you. So, the easiest way we recommend you is to first buy Bitcoins, Ethereum, Litecoins or other altcoins. Then, using Changelly, Poloniex or other exchange platforms trade them to buy STRAT tokens.

So, all you need to have is your wallet address and some altcoins to exchange.

What Wallet should I install for STRAT tokens?

We have four wallets to present for you today. The first one is the official Stratis’ wallet, called StratisX Wallet. It assures safe transactions, anonymous information about your personal address and the amount of STRAT’s you are trading. Also, you are not downloading the full version of the blockchain. This means that the wallet will not consume much space on your computer.

Another place to keep your money safe is Stratis Electrum Wallet. This one also doesn’t need much space and is simple to install and to work with. The wallet is available on Linux, Windows and Mac systems.

The Ledger Nano S Wallet can be used for keeping Bitcoin, Etherum, Litecoin, Dogecoin, Zcash, Ripple, Dash and Stratis cryptocurrencies. It is simple to use and keeps your currencies safe.

The last wallet you can use is Breeze Wallet. This one has a friendly interface and was the most awaited wallet by STRAT holders. It is also efficient for using Bitcoins.

The Advantages of Stratis blockchain

– The platform works with sidechains. This means you can create your own sidechain projects using the Stratis’ algorithm without being worried about its safety;

– Blocks are being unlocked faster than the ones of Ethereum. Stratis needs only 60 seconds to process the data;

– It is a Scalable platform;

– It allows users to create Smart Contracts.

The Disadvantage of Stratis blockchain

– You will need to buy the digital coins first, like Bitcoin, Ethereum and others, and only then exchange them into STRAT tokens.


Stratis blockchain is considered to be the technology of future. The platform has a lot to impress the new holders with their advanced algorithm used for customizing new sidechains and keeping them in safe.

To stay updated with fresh news follow the Stratis’ official website.

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* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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