Stratis (STRAX) is a Blockchain-as-a-Service (BaaS) platform which must lower the threshold for companies and organizations to make use of blockchain technology. The platform is set up in such a way that it enables organizations to create their own blockchain quickly and easily. Stratis focuses primarily on financial institutions, even though it can also be used for other projects. In addition to the Blockchain-as-a-Service services, Stratis also provides advisory services. In this way, interested companies can be guided with the implementation of their own blockchain.
Stratis is a Blockchain-as-a-Service platform on which third parties can easily purchase a blockchain that is suitable for them. The users can determine how the blockchain should be set up exactly. This is possible because every blockchain stands on its own, despite the fact that all blockchains are connected to the Stratis blockchain. Stratis also ensures that the blockchains are kept running so that users no longer have to worry about it.
Costs are payable for the use of blockchains issued and managed by Stratis. These must be paid in STRAX, the coin belonging to Stratis. STRAX is also required for the execution of transactions on the Stratis blockchain.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Stratis. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
Storing Stratis and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Stratis without any technical knowledge. Here is a brief overview of the existing wallet options to store your Stratis:
Hosted wallets are wallets where the private keys to your Stratis are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Stratis online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Stratis. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Stratis, and if malicious parties have access to your device, your private keys (and therefore your Stratis) can be stolen.
A hardware wallet is a physical device on which you can store your Stratis offline. It is one of the safest ways to store your Stratis, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Stratis is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Stratis. Once you have purchased Stratis on Bitvavo, you can choose to send your Stratis from your Bitvavo wallet to your own software or hardware wallet.