Last update: Jun 6, 2022

How to Buy Stratis (STRAX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Stratis. Depending on where you’re located, you’ll have different trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Stratis

How to Buy Stratis – 4 Easy Steps

1. Choose a crypto exchange

Finding a cryptocurrency trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Stratis of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger trading platforms.

4. Buy Stratis

Now that you have what you need to buy Stratis, head over to the market or buy section of the cryptocurrency trading platform and buy some STRAX.

If the crypto exchange doesn’t have any Stratis on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Stratis first), and trade your Ethereum for Stratis.

Where to Buy Stratis (STRAX)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Stratis

  1. Sign into the exchange where you bought Stratis.
  2. Move your Stratis to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Stratis.

 

Crypto trading

How to Buy Stratis (STRAX) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Stratis in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Stratis if it’s available. If the exchange doesn’t have Stratis. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Stratis), and trade your ETH for Stratis.

You can also take a look at our analysis of the cheapest crypto exchanges in Australia If you’re interested in learning more about the exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Stratis (STRAX) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Stratis in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Stratis if it’s available. If the exchange doesn’t have Stratis. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Stratis), and trade your ETH for Stratis.

Alternatively, if you want to know more about which exchanges we recommend, look at our list of the best cryptocurrency brokers in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Stratis (STRAX) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Stratis in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Stratis if it’s available. If the exchange doesn’t have Stratis. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Stratis), and trade your ETH for Stratis.

If you’d like to know more about which exchanges we recommend, look at our comparison of the top rated UK crypto exchanges.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Stratis? STRAX Rundown

Stratis is a blockchain-as-a-service platform that offers several products and services for enterprises, including launching private sidechains, running full nodes, developing and deploying smart contracts, an initial coin offering platform, and a proof-of-identity application. The company offers blockchain consulting and cryptocurrency wallets.

Stratis has its own blockchain, powered by a native token called STRAX. This token is used to buy and operate services like smart contracts execution, sidechain payments, and staking to run a Masternode --- a node that provides a specific service.

It launched on August 2016 after being first announced . Stratis launched a new cryptocurrency that uses STRAX in place of its STRAT token, in November 2020.

According to the whitepaper, Stratis BaaS is designed to allow financial service providers and other enterprises test, develop, and deploy blockchain-based apps in a manner that minimizes overhead and security concerns associated with operating their own networks. Stratis allows businesses to launch private, permissioned sidechains and interact with the primary chain. This whitepaper claims that enterprises can customize their platforms without relying on major blockchains like Bitcoin or Ethereum.

Stratis has announced partnerships with companies like software giant Microsoft and technology markets intelligence company International Data Corporation. It also partners with pharmaceutical blockchain development company MediConnect. It has also sponsored professional sportsmen to increase awareness.

Stratis has unveiled a revised development roadmap for 2020 and 2021 with the launch of the new STRAX-based cryptocurrency. It includes interoperability to Ethereum, an Internet of Things development kit, a centralized finance software software library, and the launch of a autonomous, decentralized organization.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.