Simple Guide to the Best Stratis Wallets in 2024
Being part of the top 50 coins on the market brings certain comfort and trust to the users looking to make their first investment. If you are planning to start with Stratis I can assist you when choosing the wallet where you can store your STRAT coins. There are many wallets on the market, they all share the same main functionalities, but the coin management tools and features are crucial for your user experience and overall performance.
01.The Best Stratis Wallets
Choosing a wallet is a strictly individual decision because different people seek different functionalities. I decided to start with those representatives which are most commonly used by the public and provide proper features and managing tools. In the table below, you will be able to overview “the best Stratis wallets”, have a look at the list now and a afterward, I will proceed with some more options available on the market.
| Type | Name | Compatibility | Supported Coins | Pros & Cons | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Stratis Core Review |
STRAT Only |
Official Stratis Full Client You Have to Donwload The Whole Blockchain |
Download | |
| Full Breeze Review |
STRAT Only |
Official Stratis Light Client Hierarchical Deterministic |
Download | ||
| Hardware Wallets | Full Ledger Nano S Review |
47 Coins ERC20 Tokens |
Highest Security Costs Around 100$ |
See Pricing | |
| Mobile Wallets | Full Coinomi Review |
100+ Coins ERC20 Tokens |
Hierarchical Deterministic No Two-Factor Authentication |
Download | |
| Web Wallets | Full CoinVault Review |
22 Coins |
Hierarchical Deterministic No Two-Factor Authentication |
Visit Website |
Complete List of Stratis Wallets
I presume that some of you are still eager to explore all possible options before taking the final decision. That’s why I compiled a full list of all Stratis wallets which you can find below. My assistance doesn’t end here – apart from everything already mentioned I will assist you in your final decision as it’s based on several criteria, more on that in the next section.
| Name | Type | Compatibility | Supported coins | Private Key | Blockchain | Key Features |
|---|---|---|---|---|---|---|
| Stratis Core | Desktop |
STRAT Only |
key Full Control |
Full Download Required |
Official Stratis Full Client You Have to Donwload The Whole Blockchain |
|
| Breeze | Desktop |
Full Control |
key 3rd Party Hosted |
Not Needed |
Official Stratis Light Client Hierarchical Deterministic |
|
| CoinPayments | Mobile |
60 Coins ERC20 Tokens |
key 3rd Party Hosted |
Not Needed |
Two-Factor Authentication Not Hierarchical Deterministic |
|
| Coinomi | Mobile |
100+ Coins ERC20 Tokens |
key Full Control |
Not Needed |
Hierarchical Deterministic No Two-Factor Authentication |
|
| CoinSpot | Web |
30 Coins 20 Tokens |
key No Access |
Not Needed |
Multi-Coin No Control Over Private Keys |
|
| CoinVault | Web |
22 Coins |
key Full Control |
Not Needed |
Hierarchical Deterministic No Two-Factor Authentication |
|
| Electrum Stratis | Desktop |
STRAT Only |
key Full Control |
Not Needed |
Open Source No Two-Factor Authentication |
|
| Ledger Blue | Hardware |
47 Coins ERC20 Tokens |
key Full Control |
Not Needed |
High Security Costs Money |
|
| Ledger Nano | Hardware |
24 Coins |
key Full Control |
Not Needed |
High Security Costs Money |
|
| SatoWallet | Desktop, Mobile, Web |
27 Coins 35 Tokens |
key 3rd Party Hosted |
Not Needed |
Built-In Exchange Not Hierarchical Deterministic |
Now, after reading the full review of the Stratis wallets, it’s time to help you make the final decision and pick a wallet to serve you well in your new endeavor. To do that I will need your help too, I need you to work out your mindset about the way you will spend your funds and how often you intend to do so. First, you need to answer the questions how many coins you are planning to hold in the wallet? if more than STRAT, carefully check which wallets support the coin of interest because sending funds to a wallet which does not support that currency will lead you to irreversible loss of funds. Next priority in line is the accessibility, the mobile app is practically most applicable in daily routines, but I won’t recommend them for stashing large sums of coins. That’s because both mobile and web wallets are connected to the internet constantly, that leads to many security risks. At last, consider how often you will draw STRAT coins out of your wallet, some of them got higher thresholds which could appear as a small obstacle if you are planning to do it frequently.
02. Common Features of Stratis Wallets
The truth is that most of the wallets have a large diversity of features but those falling under the criteria “common” are mainly related to the security and privacy of your wallet. Follow me in the next paragraph and you will find out more about them.
Security and Privacy
Without any hesitation, I can state that the features with the widest implementation are the open-source code and the HD (Hierarchical Deterministic) functionality. Both are properly explained underneath but from a security point of view I can point one more which is not that commonly met but with great value. That’s the Two-Factor-Authentication, a simple mobile app connected to your account. Each and every time you try to log into your wallet, a new field will appear right after your password. You must for fill there the 6-12-digit code meanwhile sent to your mobile app and it is changing every 60 seconds.
Open Source
Each and every user is allowed to interfere and double confirm the authenticity of the network’s code.
Hierarchical Deterministic (HD)
Functionality generating a unique code phrase of words called “seed” used to gain lost access or stolen password of your account.
Secure Bitcoin Wallets to Consider
Wallets for Stratis Staking
Since Stratis is using PoS consensus staking is allowed and you can passively generate income. The only prerequisite is using the official Stratis client because a full node is required. This means that you need to prepare some additional hard drive space to download and store a copy of the whole blockchain on your computer. In a manner of fact, you can even set up a masternode too. You’d need to invest 250,000 STRAT and 5 BTC separated in different wallets as both networks are connected and the masternode needs to operate on both.
Transaction Fee Management
Depending on how frequent and how large your transactions are, the fees could reflect on your profitability and performance. The good thing with STRAT is that you can achieve full control of your fees depending on the service provider. For example, Ledger and Breeze offer full control or the option to appoint and adjust the fees manually, but what does that mean? You can choose between several recommended fees or set the one you desire. Other wallets for Strats and especially those coming all together with your crypto exchange registration, like Binance, are with predetermined fees without any manual adjustment.
| Fee Control | How Does It Work? | Supported By |
|---|---|---|
| Full Control With Suggested Fees | You can choose between a list of recommended fees or set them manually | Ledger Nano S, Breeze |
| No Control | Fees are predetermined, no manual adjustments are allowed | Most exchanges have no fee control (e.g. Binance, Bittrex) |
03.FAQ
-
Can I stake on a Raspberry Pi?
Yes, you can, full and detailed guidelines you can find on the Stratis official website.
04.About Stratis
Stratis is a business-oriented and super flexible blockchain development platform offering decent real-world financial services. The key element is that Stratis gives the needed space to business developers to test and eventually deploy their own blockchain-based applications without the need to have their own network infrastructure. The main goal is to offer exclusive services to companies and organization of all types and sizes in particular those running on Windows.
The solution delivered ensures the foundation of both closed and public chains but for corporate usage mainly. They could vary depending on the needs and demands of the company in question. To help their users and customers Stratis has a consulting agency stationed in London UK available to aid existing or new blockchains in order to meet their company preferences.