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Strike

Strike

Your all-in-one Bitcoin platform

Strike is an all-in-one Bitcoin platform that lets you buy, sell, send, and receive bitcoin with ultra-low fees. It uses the Lightning Network for instant, near-zero-cost global payments. Features include no-fee recurring purchases, target orders, free on-chain withdrawals to cold storage, bill pay from bitcoin or cash balances, and global money transfers.

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Description

About Strike

Strike is a Bitcoin-native financial platform built for individuals and businesses who want to buy, sell, send, and receive bitcoin without the high fees and limits common on traditional exchanges.

Key Features

  • Buy & Sell Bitcoin — Buy and sell bitcoin instantly with low, tiered fees. Set up no-fee recurring purchases (hourly, daily, weekly, bi-weekly, or monthly) to stack sats over time. Use target orders to automatically buy or sell at your chosen price.

  • Lightning Network Payments — Send and receive bitcoin insanely fast with the Lightning Network. Payments are instant and cost fractions of a penny. Use Lightning addresses (like an email address for payments) for quick transactions.

  • Global Money Transfers — Send cash or bitcoin to friends and family abroad. Funds are transferred in seconds with no transaction fees — you send dollars, they receive local currency.

  • Bill Pay — Pay your mortgage, credit card, and utility bills directly from your bitcoin or cash balance, making it possible to live on a bitcoin standard.

  • Free Withdrawals — Withdraw bitcoin to your cold storage for free, with optional auto-withdrawals at your chosen threshold.

  • Cost Basis Tracking — Track your bitcoin's performance, view transaction history, get tailored insights, and simplify tax preparation.

  • Strike Business — Businesses can buy, sell, hold, send, and receive bitcoin. Build a bitcoin treasury, enable bitcoin payments, and integrate with the Strike API for programmatic transactions.

  • Strike API — Developers can integrate Bitcoin and Lightning Network capabilities into their apps and services for fast, low-cost, interoperable transactions.

Security

Strike is licensed, regulated, and audited. All bitcoin is backed 1:1 — your balance is yours at all times. Personal information and transaction history are fully encrypted.

Highlights

Pros

  • Send Globally feature allows cross-border transfers where the sender pays dollars and the recipient receives local currency almost instantly.
  • Free on-chain Bitcoin withdrawals to external cold storage wallets with optional auto-withdrawal at a chosen threshold.
  • Native Lightning Network support enables instant Bitcoin payments that settle in seconds rather than minutes or hours.
  • Strike Private offers white-glove OTC execution for high-volume clients with custom pricing and concierge service.
  • Bill Pay functionality lets users settle mortgages, credit cards, and utility bills directly from their Bitcoin or cash balance.
  • Clean, Bitcoin-only interface designed for beginners with minimal clutter and straightforward purchase, send, and receive flows.

Cons

  • Customer support lacks 24/7 live chat or phone availability, relying primarily on in-app messaging and email.
  • Not available to residents of New York state due to regulatory restrictions.
  • Funding method options vary significantly by region and SWIFT wire transfers are not supported.
  • Limited to Bitcoin only with no support for altcoins, margin trading, or derivatives.
  • Custodial wallet model means Strike controls the private keys rather than the user.
  • Identity verification (KYC) can take one to two business days to process.