Convert and Swap Strip Finance STRIP to Indian Rupee INR
STRIP/INR: 1 Strip Finance equals ₹0.53 INR
Strip Finance (STRIP) is not tradable on Coinbase.
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Last update: 1:00 PM, December 24, 2024
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Strip Finance market latest
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Strip Finance is falling this week.
The current price of Strip Finance is ₹0.53 per STRIP. With a circulating supply of 0 STRIP, it means that Strip Finance has a total market cap of ₹0.00. The amount of Strip Finance traded has fallen by ₹1,965.32 in the last 24 hours, which is a 82.93% decrease. Additionally, in the last day, ₹2,369.85 worth of STRIP has been traded.
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About Strip Finance
Strip Finance (STRIP) is a decentralized platform that aims to address liquidity challenges in the Non-Fungible Token (NFT) market. It provides a unique solution by allowing users to retain ownership of their NFTs while deriving liquidity from them. This is achieved through a collateralized NFT lending and borrowing platform. The platform's native token, $STRIP, is used for service fees, governance participation, and staking. The team behind Strip Finance comprises experienced crypto entrepreneurs and operators who have previously worked with various Web 3.0 companies.
Strip Finance operates by enabling NFT holders to use their assets as collateral for borrowing capital. The platform fetches asset pricing data directly from NFT marketplaces, ensuring fair and transparent valuation. Borrowers can upload their NFT assets on the lending marketplace, specifying their desired asset value, capital requirement, loan duration, and number of installments. Lenders can then assess these terms and decide whether to provide the loan. If the borrower fails to repay the loan, the lender receives the NFT asset. This system allows NFT owners to access liquidity while maintaining ownership of their assets.
Strip Finance seeks to provide a solution to the liquidity challenge in the NFT market. It allows NFT holders to access more financial options without having to sell their assets. This can be particularly useful for artists and creators who want to retain ownership of their work while also benefiting from its value. Additionally, Strip Finance can be used by investors seeking to earn yields from the growing NFT market. By providing a platform for NFT collateralization, Strip Finance opens up new possibilities for financial transactions in the digital art and collectibles space.
Strip Finance was founded by Varun Satyam, Yash Jejani, and Yuvraj Chhibber, who have extensive experience in the crypto industry and have worked with various Web 3.0 companies. The platform was designed to address the liquidity challenge in the NFT market, which has seen significant growth in recent years. Since its inception, Strip Finance has attracted the attention of several advisors and investors from the crypto industry. The platform's native token, $STRIP, was launched to facilitate transactions within the platform and to encourage user participation in governance and staking.
How Strip Finance and Indian Rupee differ
Strip Finance (STRIP) and the Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics and uses. Strip Finance is a decentralized platform that aims to solve liquidity issues in the Non-Fungible Token (NFT) market. It allows users to maintain ownership of their NFTs while deriving liquidity from them through a collateralized NFT lending and borrowing platform. The platform's native token, $STRIP, is used for service fees, governance participation, and staking. On the other hand, the Indian Rupee is a traditional, centralized form of currency regulated by the Reserve Bank of India. It is used for everyday transactions and is subject to government monetary policies. Unlike Strip Finance, which operates in the digital realm and leverages blockchain technology, the Indian Rupee exists in both physical and digital forms and does not utilize blockchain. Furthermore, while Strip Finance seeks to provide a solution to the liquidity challenge in the NFT market, the Indian Rupee serves as a medium of exchange, store of value, and unit of account in the Indian economy.
Frequently asked questions
How much is 1 Strip Finance in INR?
Right now, 1 Strip Finance is worth about ₹0.53.
How much STRIP could I buy for 1 INR?
Based on the current rate, you could get 1.88 STRIP for 1 INR.
How much has the price of Strip Finance changed?
Strip Finance price has been on the rise. Since yesterday, the exchange rate of Strip Finance has increased. Since last month, the exchange rate of Strip Finance has increased. Since this time last year, the price of Strip Finance has decreased.
How do I calculate or convert STRIP to INR?
You can use our STRIP to INR calculator at the top of this page to convert any amount of STRIP to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 9.42 STRIP. Inversely, 5 STRIP will cost about ₹2.65
How can I buy 1 Strip Finance on Coinbase?
Strip Finance can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Strip Finance.
What are assets similar to Strip Finance that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Strip Finance, including DADA, Solidly, and SeatlabNFT. For a more robust list of assets to explore, jump to the asset page dedicated to Strip Finance.
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STRIP to Indian Rupee conversion tables
The exchange rate of Strip Finance is increasing.
The current value of 1 STRIP is ₹0.53 INR. In other words, to buy 5 Strip Finance, it would cost you ₹2.65 INR. Inversely, ₹1.00 INR would allow you to trade for 1.88 STRIP while ₹50.00 INR would convert to 94.16 STRIP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.82%. Meanwhile, in the last 24 hours, the rate has changed by 0.38%, and that the the highest exchange rate of 1 STRIP to Indian Rupee was ₹0.53 INR and the lowest 24 hour value was 1 STRIP for ₹0.53 INR. This time last month, the value of 1 STRIP was ₹0.44 INR, which is a 20.42% decrease from where it is now. Looking back a year, Strip Finance has changed by ₹0.95 INR. That means that in a single year, the value of Strip Finance has shrank by 45.11%.
STRIP to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹0.53 INR | 0.38% | ₹0.56 INR | -4.82% | ₹0.44 INR | 20.42% | ₹0.95 INR | -45.11% |
STRIP to INR
Amount | Today at 1:00 pm |
|---|---|
0.5 STRIP | ₹0.27 |
1 STRIP | ₹0.53 |
5 STRIP | ₹2.65 |
10 STRIP | ₹5.31 |
50 STRIP | ₹26.55 |
100 STRIP | ₹53.10 |
500 STRIP | ₹265.50 |
1,000 STRIP | ₹531.00 |
INR to STRIP
Amount | Today at 1:00 pm |
|---|---|
0.5 INR | 0.94 STRIP |
1 INR | 1.88 STRIP |
5 INR | 9.42 STRIP |
10 INR | 18.83 STRIP |
50 INR | 94.16 STRIP |
100 INR | 188.33 STRIP |
500 INR | 941.63 STRIP |
1,000 INR | 1,883.25 STRIP |
Today vs. 24 hours ago
Amount | Today at 1:00 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 STRIP | ₹0.27 | ₹0.26 | +0.39% |
1 STRIP | ₹0.53 | ₹0.53 | +0.39% |
5 STRIP | ₹2.65 | ₹2.64 | +0.39% |
10 STRIP | ₹5.31 | ₹5.29 | +0.39% |
50 STRIP | ₹26.55 | ₹26.45 | +0.39% |
100 STRIP | ₹53.10 | ₹52.89 | +0.39% |
500 STRIP | ₹265.50 | ₹264.46 | +0.39% |
1,000 STRIP | ₹531.00 | ₹528.92 | +0.39% |
Today vs. 1 month ago
Amount | Today at 1:00 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 STRIP | ₹0.27 | ₹0.22 | +20.42% |
1 STRIP | ₹0.53 | ₹0.44 | +20.42% |
5 STRIP | ₹2.65 | ₹2.20 | +20.42% |
10 STRIP | ₹5.31 | ₹4.41 | +20.42% |
50 STRIP | ₹26.55 | ₹22.05 | +20.42% |
100 STRIP | ₹53.10 | ₹44.09 | +20.42% |
500 STRIP | ₹265.50 | ₹220.47 | +20.42% |
1,000 STRIP | ₹531.00 | ₹440.95 | +20.42% |
Today vs. 1 year ago
Amount | Today at 1:00 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 STRIP | ₹0.27 | ₹0.49 | -45.43% |
1 STRIP | ₹0.53 | ₹0.97 | -45.43% |
5 STRIP | ₹2.65 | ₹4.87 | -45.43% |
10 STRIP | ₹5.31 | ₹9.73 | -45.43% |
50 STRIP | ₹26.55 | ₹48.65 | -45.43% |
100 STRIP | ₹53.10 | ₹97.30 | -45.43% |
500 STRIP | ₹265.50 | ₹486.51 | -45.43% |
1,000 STRIP | ₹531.00 | ₹973.02 | -45.43% |
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