StrikeX (STRX) is a cryptocurrency that powers a platform allowing users to trade tokenized real-world assets such as stocks and commodities. It aims to transform financial technology through innovative blockchain solutions, providing a far-reaching and efficient ecosystem.
StrikeX (STRX) is the native utility token of the StrikeX ecosystem. It serves multiple purposes across various products within the ecosystem. Here are some key uses of STRX:
X-chain: STRX will be the native currency of the X-chain, a custom-built POA blockchain network. It will be used for all transactions and gas fees on this network.
TradeStrike: STRX is the native exchange token for the blockchain-powered trading platform, TradeStrike. It acts as a gateway to all tradable assets on the platform, including cryptocurrencies and public stock tokens.
Stock Token Bridge: STRX is used to carry out all transactions across the stock token bridge, which connects the traditional stock market to the blockchain. This bridge allows for 24/7 trading and self-custody of stock portfolios.
These uses highlight the versatility and utility of STRX within the StrikeX ecosystem, making it a crucial component for various financial transactions and operations.
To store StrikeX (STRX) tokens, you can use the StrikeX DeFi Crypto Wallet. This wallet allows you to store, exchange, and track StrikeX and other cryptocurrencies. You can download the wallet from the Apple App Store or Google Play Store. Once downloaded, follow the on-screen instructions to create a new wallet or import an existing wallet using your 12-word seed phrase.
To buy StrikeX (STRX) tokens, follow these steps:
Choose an Exchange: StrikeX is currently available on three exchanges: ProBit Exchange, PancakeSwap (V2), and Bitmart. You can select one of these exchanges based on your preferences and the trading pairs they offer.
Create an Account: If you don't already have an account on the chosen exchange, create one. This typically involves registering and completing a Know-Your-Customer (KYC) verification process.
Buy a Base Currency: You will need a base currency like USDT or WBNB to trade for STRX. You can buy these currencies on the exchange or through other means like Transak, which allows you to purchase crypto with fiat currency using credit cards or other payment methods.
Exchange for STRX: Once you have the base currency, use the exchange's spot trading feature to trade it for STRX. For example, on ProBit Exchange, you can trade USDT for STRX, and on PancakeSwap (V2), you can trade WBNB for STRX.
Set Up a Wallet: If you want to store your STRX tokens securely, set up a crypto wallet like Trust Wallet. This will allow you to manage your tokens and make transactions on decentralized exchanges (DEXs) like PancakeSwap.
Transfer STRX to Your Wallet: After purchasing STRX, transfer the tokens to your wallet to ensure secure storage and control over your assets.
Remember to always follow the specific instructions and guidelines provided by the exchange and wallet you choose, and be cautious of scams and market risks.