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Strike

Consumer-friendly Bitcoin and Lightning payment application. Allows users to buy, sell, and send bitcoin with a focus on simplicity and low fees.

Features​

  • Bitcoin purchases — Link bank account to buy bitcoin directly
  • Lightning payments — Send and receive instant, low-cost payments
  • Cash out — Convert bitcoin back to fiat and withdraw to bank
  • Global transfers — Send money internationally via Lightning rails
  • Merchant tools — Point-of-sale and payment request features

Model​

  • Custodial by default — Strike holds bitcoin on behalf of users
  • KYC required for fiat on/off ramps
  • Non-custodial Lightning address option available
  • Focus on user experience over sovereignty

Trade-offs​

  • Custodial model means users do not hold private keys
  • KYC requirements for fiat integration
  • Convenience and speed vs. self-custody and privacy
  • Best for onboarding and everyday payments, not long-term savings

Resources​