CoinSpot Will Support the Stratis (STRAX) Redenomination Plan & Token Swap

Important Update

CoinSpot has completed the Stratis (STRAX) Redenomination & Token Swap Plan.

• Stratis (STRAX) Instant Buy
• Stratis (STRAX) Instant Sell
• Stratis (STRAX) Coin Withdrawal
• Stratis (STRAX) Coin Deposit

Stratis (STRAX) is changing its denomination at a ratio of 1:10 Stratis (STRAX).

CoinSpot will facilitate the changes on behalf of all users holding Stratis (STRAX).

Stratis (STRAX) will be re-denominated at a ratio of
1 OLD Stratis (STRAX) : 10 NEW Stratis (STRAX).

The Process
Trading

Stratis (STRAX) Instant Buy - Disabled on 20th March 2024 until completion.

Stratis (STRAX) Instant Sell/CoinSwap - Disabled on 20th March 2024 until completion.

Coin Withdrawals & Deposits

Stratis (STRAX) Coin Withdrawals - Disabled on 20th March 2024 until completion.

Stratis (STRAX) Coin Deposits - Disabled on 20th March 2024 until completion.

Ratio & Pricing

Each user will receive 10 NEW Stratis (STRAX) per 1 OLD Stratis (STRAX) they hold in their CoinSpot wallet. This means that if the price of 1 OLD Stratis (STRAX) is $2, it will then become $0.20, assuming the market value does not fluctuate.

Important Information

Please DO NOT deposit OLD Stratis (STRAX) after the Redenomination Plan & Token Swap has been completed, doing so may result in loss of assets and recovery is not guaranteed.

For further information on the recent changes, please have a read of the link provided below.

• Stratis Platform - Revised Token Schedule

Any further updates surrounding the change will be communicated to our users via General Announcement & Updates or within this article.

Need more help? 

Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new 

or start a conversation with us via Live Chat and our team will provide full instructions and advice.