Strike App Review 2025: The Definitive Bitcoin App?

What is Strike?

Yo. Strike is the brainchild of Jack Mallers, a visionary Bitcoin developer who’s earned a well-deserved spot on Forbes’ “30 Under 30.” His genius shines through in this custodial, KYC-enabled app that has captured the hearts of many in the Bitcoin community. Strike isn’t just a mobile app; it’s a beautifully crafted tool designed to make Bitcoin accessible and practical for everyone, no matter where they are.

What sets it apart? Global reach—extending far beyond the U.S. into Europe and other regions—combined with elegant solutions for dollar-cost averaging into Bitcoin, lightning-fast and on-chain payments, wage integration, and seamless cash transfers. It all comes together with a clean interface, straightforward functionality, and fees that feel refreshingly honest.

In this review, we’ll explore Strike’s features in detail to help you decide if it’s the ultimate gateway into Bitcoin for you.

👉 Join Strike with our referral code J4D4TJ and get $100 in fee-free Bitcoin trading.

How Strike Works

Strike is a Bitcoin-focused financial service that works as a global digital wallet. It blends Bitcoin and stablecoin capabilities, making it easy for users to interact with both types of currencies based on their needs. Here’s a breakdown of how it operates:

1. Multi-Currency Support: Strike supports transactions in various currencies depending on the region. In the U.S., Europe, and the UK, it integrates fiat currencies like USD, EUR, and GBP alongside Bitcoin. In regions like Latin America and Africa, Strike also supports USDT (Tether), recognizing the demand for stablecoins in these areas.
2. Payments and Transfers: Strike facilitates on-chain Bitcoin transfers, Lightning Network transactions, and now stablecoin (USDT) deposits and withdrawals. This allows users to move money quickly and affordably across borders.
3. Regional Adaptability: By listening to user feedback, Strike tailored its offerings to meet specific needs in different markets. For instance, the addition of Tether support in certain regions enables users to hold and transact in a stable currency while still being able to interact with Bitcoin.
4. Customer-Centric Approach: Strike emphasizes simplicity and usability, steering away from the trading-focused interfaces of crypto exchanges. Instead, it acts as a practical wallet for everyday financial activities like saving, transferring, and paying wages.
5. Fee Transparency: Strike offers fair and straightforward fees, which contributes to its appeal in both developed and developing markets.

Strike positions itself as a practical solution for users seeking seamless integration of Bitcoin and stablecoins in their financial lives, with a strong focus on user feedback and global accessibility.

Strike Main Features

Over the years, Strike has deeply transformed from a simple Bitcoin Lightning wallet into a comprehensive platform for financial independence. It enables everything: from buying Bitcoin to moving fiat money seamlessly across borders. Here’s a breakdown of its standout features:

Buy/Sell Bitcoin

Strike makes it easy to purchase Bitcoin using a credit/debit card or bank account. Depending on your country, you can sell Bitcoin for local currency as well. While options vary by region, the app ensures simplicity and accessibility for Bitcoin transactions.

Recurring Buys (Dollar-Cost Averaging)

For those committed to stacking sats, Strike offers the ability to automate Bitcoin purchases. You can schedule recurring buys—hourly, daily, every other day, weekly, or monthly—using your card or pulling funds via ACH (Automated clearing house) from your bank account.

Automatic Withdrawals

Strike understands the importance of self-custody. The app allows you to set up auto-withdrawals to your preferred Bitcoin address once a certain threshold is reached. There are no fees for these transfers. This feature helps optimize UTXO management by combining small purchases into a larger, more efficient transaction, perfect for those planning long-term Bitcoin use.

Global Payments (Fiat & USDT)

Strike seamlessly bridges fiat and Bitcoin transactions:

• Cash Transfers: Use the “Cash” tab to send money globally, convert cash into Bitcoin, or send funds to a username.
• USDT Support: In select regions (Argentina, Brazil, El Salvador, India, Kenya, Mexico, Nigeria, Togo, and Vietnam), Strike supports Tether (USDT) deposits and withdrawals on the TRON network, catering to areas with a strong demand for stablecoins.

Send Globally: Cash-Bitcoin-Cash Transfers

Strike’s “Send Globally” feature lets you transfer money across borders using Bitcoin as the intermediary. Here’s how it works:

• Your cash is converted to Bitcoin.
• Bitcoin is sent to a partner in the destination country.
• The partner converts Bitcoin to local currency, which is deposited into the recipient’s account.

This process avoids Bitcoin price volatility, ensures quick transfers, and functions as a borderless cash-to-cash transaction. It’s even useful for sending funds to yourself in supported countries.

Bitcoin/Lightning Wallet

Strike serves as a custodial wallet for Bitcoin, supporting both on-chain and Lightning transactions. It offers unique features like free on-chain withdrawals, auto-withdrawals, and tools for direct deposit, recurring buys, and target orders. These make managing and securing your Bitcoin effortless, blending custodial convenience with self-custody options.

Bill Pay

Available in a few countries, Strike Bill Pay makes it simple to pay your bills automatically, straight from your Strike account. From credit cards to phone bills or utilities, you can add multiple billers and pay using either your cash or Bitcoin balance.

Lightning Address and Tipping

Strike provides every user with a personal tipping page, accessible at “strike.me/username.” This allows anyone—whether or not they’re a Strike user—to send you money by scanning a QR code with any Bitcoin on-chain or Lightning-enabled wallet. It’s a simple, universal way to receive tips or payments without barriers.

Strike’s evolution reflects its commitment to empowering users with practical tools for managing Bitcoin and fiat. Whether you’re buying Bitcoin, automating savings, or transferring money globally, Strike provides a straightforward, user-friendly experience.

Strike Quick Review

If you're short on time and can't dig deeper into the full review, check out our quick Strike review. It gives a score from 0 to 100 based on the key features of a Bitcoin app/exchange. If the summary grabs your attention, you’ll find a handy link at the end to sign up with Strike and snag an attractive fee discount.

👉 Join Strike with our referral code J4D4TJ and get $100 in fee-free Bitcoin trading.

How To Get Started With Strike

To get started with Strike, download the app on your phone, install it, and sign up. Just grab your phone, connect to the internet, and search “Strike” in your app store—or click the link below to snag a fee discount instantly!

👉 Join Strike with our referral code J4D4TJ and get $100 in fee-free Bitcoin trading.

Is Strike Available In My Country?

Instead of listing all the countries where Strike is available (since it’s always growing), just click the official link below to check availability—and enjoy $100 in fee-free Bitcoin trading after your first purchase. If you can download the app on iOS or Android, Strike is available in your region. It’s that simple!

👉 Join Strike with our referral code J4D4TJ and get $100 in fee-free Bitcoin trading.

Opening a Strike Account

1. Sign Up: Click the sign-up button, enter your email, and verify it. Then, fill in your name.
2. Set Your Username: During sign-up, tap “Have a referral code?” Check if J4D4TJ is already filled in. If not, add it and click “Add.”
3. Complete Registration: Verify your identity to finish setting up your account.
4. Add Funds: Deposit cash or link a payment method.
5. Buy Bitcoin: Make a one-time purchase, set up recurring buys, or place a target order.
6. Enjoy Fee-Free Trades: After your Bitcoin purchase, you will unlock $100 of fee-free Bitcoin trading.

To check your fee-free referral balance, visit the Bitcoin screen and tap the Trading Volume card.

Buying Bitcoin On Strike

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Who Created Strike?

Strike was founded by Jack Mallers, an American entrepreneur and software developer born on April 9, 1994, in Chicago, Illinois. Known for his passion for Bitcoin and groundbreaking contributions to digital payments, Mallers is the driving force behind Strike’s success.

From a young age, Mallers was immersed in the financial world, with his family’s deep ties to the industry. His grandfather was chairman of the Chicago Board of Trade, and his father ran one of the largest futures brokerages in the city. Mallers discovered Bitcoin in 2013, thanks to his father, sparking a lifelong fascination with cryptocurrency.

Although he briefly attended St. John’s University in New York, Mallers left to focus on technology, enrolling in Starter School, a coding boot camp in Chicago. By 2017, he had founded Zap, a Bitcoin investment and payments platform powered by the Lightning Network. This eventually led to the creation of Strike, the app we are reviewing in this page.

Mallers became a pivotal figure in global Bitcoin adoption, particularly in El Salvador. His work with Strike played a critical role in the country’s decision to make Bitcoin legal tender. Collaborating with President Nayib Bukele, Mallers demonstrated how Bitcoin could lower remittance costs and improve financial inclusion. This effort culminated in the historic Bitcoin Law in 2021, making El Salvador the first country to adopt Bitcoin as legal tender.

Recognized for his innovation, Mallers earned a spot on Forbes’ “30 Under 30” list in finance in 2021. His mission with Strike has always been clear: to make Bitcoin accessible to everyone, everywhere. In May 2023, Strike expanded to over 65 countries, providing nearly 3 billion people with access to its Bitcoin and payment services.

Today, Strike operates globally, with headquarters in Chicago, El Salvador, and other regions, reflecting Mallers’ vision of a world where Bitcoin drives financial freedom and inclusion.

Strike Fees & Limits

Strike offers a transparent fee structure designed to reward active traders with lower fees. Here’s an overview of the fees you might encounter while using Strike.

Bitcoin Trading Fees

When buying or selling Bitcoin on Strike, a trading fee (the “Strike fee”) is applied based on your monthly trading volume. The more you trade, the lower your fees become.

Key Points:

• Your fee level adjusts dynamically based on your monthly trading volume.
• Trades on threshold amounts automatically receive the better rate.
• You begin each month with the fee level from the previous month.

Example:

If you bought $200 of Bitcoin and sold $100, your total monthly trading volume would be $300. This would advance you from the first to the second fee tier for your next trade.

No Fee for Recurring Purchases (DCA)

Strike waives trading fees for recurring Bitcoin purchases (DCA) after:

• The first week for hourly/daily purchases.
• The second purchase for weekly/monthly purchases.

Deposit Fees

Strike charges a 3% fee (with a minimum of $0.99) for deposits or Bitcoin purchases made via linked payment methods like Apple Pay or credit cards. Deposits via ACH (bank transfer) are free.

Withdrawal Fees

1. Instant Cash Transfers: Optional service with fees shown at withdrawal confirmation.
2. Wire Transfers: A flat $15 fee applies, with a minimum transfer amount of $50,000 and a maximum of $5,000,000.

On-Chain Send Fees

For on-chain Bitcoin transactions, fees are determined by the selected delivery speed:

• Flexible: Free.
• Standard and Priority: Fees apply based on network activity.

Lightning Network Fees

Strike applies a small routing fee for Lightning Network transactions. These fees are paid to Lightning node operators and offer fast, low-cost transfers.

Exchange Rates

When converting between cash and Bitcoin (e.g., buying Bitcoin or paying Lightning invoices), exchange rates are determined by Strike’s third-party providers, with a margin included for Strike’s revenue.

You can monitor your fee level, trading volume, and progress toward the next tier in the Strike app by checking the Bitcoin Trading Fee card on the Bitcoin screen. For more details on fees, consult Strike’s Terms of Service.

Strike Reviews & Opinions

Checking out Strike’s official Trustpilot page reveals a mixed bag. While it holds a 3-star rating, much of the criticism stems from unrelated or misinformed complaints—like one user mentioning BNB, a token Strike doesn’t even support as it remains Bitcoin-focused. On the flip side, many users praise Strike for its low fees and intuitive user experience, emphasizing the value it brings to Bitcoin enthusiasts.

Beyond Trustpilot, the broader consensus about Strike paints a much more positive picture. Many users view it as one of the best Bitcoin platforms available, consistently improving over the years. This sentiment is echoed across platforms like YouTube, where users frequently commend Strike’s mission and its founder, Jack Mallers.

Comments highlight Strike’s efforts to empower underserved regions by providing financial tools for those who need them most. For instance, users applauded its introduction of Tether (USDT) in regions like Africa and Latin America, viewing it as a pragmatic bridge for transitioning into Bitcoin. One comment described Strike as “helping impoverished people in a way nobody has ever done before,” reflecting the admiration for its commitment to financial inclusion.

While users generally praise Strike’s low fees and user-friendly design, some provide constructive feedback. Calls for global expansion remain a common theme, with users in countries like Spain, the Philippines, and Australia eager to see Strike’s services in their regions. Others express hopes for integrating Bitcoin-focused technologies, like the Liquid Network, to align further with the platform’s ethos.

Overall, Strike is widely respected as a platform with a bold vision for Bitcoin adoption, coupled with practical tools that users trust. Despite occasional criticisms, its reputation as a reliable, innovative, and steadily improving Bitcoin app remains strong.

Strike UX

The Strike app recently underwent a major redesign, and after extensive testing of Bitcoin and crypto apps at blockdyor, it’s clear that Strike stands out as one of the best.

The app’s interface is predominantly in dark mode, embracing a sleek, minimalistic aesthetic with a touch of punk energy.

This vibe is amplified by its unconventional and quirky mascot—a lightning bolt mohawk-wearing character with Converse sneakers and Disney-style gloves. The design feels bold, fun, and unapologetically Bitcoin-focused, resonating with its open and innovative ethos.

From the moment you start using Strike, it’s obvious how much thought and effort the team has poured into creating an exceptional user experience. The app isn’t just functional; it’s playful and engaging, even hiding some delightful “Easter eggs” within the interface. For example, scrolling to the bottom of the main dashboard reveals rotating Bitcoin mottos and helpful tips. Some gems include:

• “Bitcoin is savings technology.”
• “Tick tock, next block.”
• “1 bitcoin = 1 bitcoin.”

Strike also uses this space to educate users, offering insightful suggestions linked to their learning center:

• “For security and privacy, it’s best to avoid reusing bitcoin addresses.”
• “Have you thought about self-custody for your bitcoin?”
• “When taking self-custody, remember to consider UTXO management.”

This combination of thoughtful design, a touch of humor, and user education makes Strike’s UX not just top-tier, but also one of the most engaging Bitcoin app experiences out there.

Strike Pros & Cons

Strike is a standout Bitcoin super-app that’s hard to beat, especially when it comes to KYC solutions for on-ramping and off-ramping. It also shines in facilitating transactions within the Bitcoin network and its crucial second layer, the Lightning Network. That said, it’s puzzling that Strike doesn’t have a more prominent open-source presence, especially considering that Jack Mallers, the founder, is a strong advocate for open-source software. After all, his previous app, Zap, was mostly open-source and began as a project in the basement of his mom’s house.

Strike Alternatives

Outside the US, Strike stands out as one of the top options for stacking sats in its category. However, within the United States, the competition heats up, with several strong alternatives vying for market share. Let’s take a closer look.

River Financial: River is a sleek Bitcoin-only platform available as a mobile and web app. It lets you buy and sell Bitcoin and even earn interest on cash deposits. While it’s limited to users in the USA, River offers a polished experience with low fees.

Cash App: A more general-purpose app compared to Strike, Cash App combines features like sending and spending money, banking, buying stocks, and purchasing Bitcoin. It also provides robust options for sending remittances worldwide.

Bottom Line

Strike is an impressive Bitcoin super-app, excelling in low fees, smooth Bitcoin and fiat transitions, and top-class Lightning Network support. It’s particularly strong for remittances and offers a user-friendly experience that’s hard to beat.

While the KYC requirement for cash transactions and the absence of a robust open-source presence may be drawbacks, the app remains an excellent choice for anyone looking to interact with Bitcoin in a simple, efficient way. Whether you’re a seasoned Bitcoin user or just getting started, Strike makes it easy to manage and move your crypto, all while maintaining a sleek, modern interface.

Strike Evaluation

Strike has earned an impressive Blockdyor Score of 73 out of 100 (4 stars), highlighting its reliability and user-focused approach. Known for its emphasis on Bitcoin and financial accessibility, Strike stands out as a trusted platform in the Bitcoin ecosystem.

Reputation: Strike has established itself as a go-to option for Bitcoin payments and trading, gaining widespread trust for its ease of use and low fees. While primarily praised for its focus on Bitcoin and fiat integration, its increasing presence in global markets, especially in underserved regions, has further solidified its reputation as a reliable and innovative platform.

Technology: Strike leverages Bitcoin’s Lightning Network for instant and low-cost payments, seamlessly integrating it with traditional fiat systems. Its ability to bridge fiat currencies and Bitcoin transactions demonstrates a forward-thinking approach that aligns with Bitcoin’s principles of efficiency and global accessibility.

Customer Service: Strike offers 24/7 customer support via live chat and email, ensuring users can resolve issues quickly. This commitment to support makes it accessible and user-friendly, particularly for those new to Bitcoin.

Fees: Strike features a transparent fee structure, starting at 0.99% for Bitcoin trading and decreasing as monthly trading volumes increase. Additionally, ACH deposits are free, while credit card deposits and instant cash withdrawals incur small fees. Its tiered fee system rewards active users, making it a cost-effective option.

Ease of Use: With its minimalist design, dark mode interface, and helpful educational features, Strike offers an intuitive experience for both beginners and seasoned Bitcoin users. The app’s unique blend of usability and functionality, including features like Dollar Cost Averaging (DCA) and auto-withdrawals, ensures it stands out in the Bitcoin trading and payments space.

Frequently Asked Questions (FAQ)