FAQ?

How do I spend Bitcoin with strike?

With Strike you can spend bitcoin anywhere, instantly. Strike users don't have to deal with volatility, taxes, the need to set up a wallet, or the need to own bitcoin to interact with the Bitcoin economy. Just simply link a bank account to the app, deposit funds, and spend ours.

What is bitcoin strike visa?

In the second quarter, it expects to launch its Strike Visa also in the European Union and the United Kingdom. The combination of the Bitcoin network, the Lightning network and Strike allows anyone to send any amount of money, at any time, at no cost.

How much does it cost to send and receive money with strike?

Sending and receiving money with Strike is free, but it incurs an on-chain transaction fee, which is the cost to use the Bitcoin blockchain. The base fee per transaction on the Lightning Network is the smallest unit of bitcoin, 1 satoshi, which is four-one hundreds of a cent as of writing, which is infinitesimally smaller than bank transactions.

What does strike’s crypto deal mean for NCR?

Bitcoin-based payments firm Strike last night announced deals that will bring crypto payments to NCR point-of-sale terminals, Shopify and prepaid payments provider Blackhawk Network. The announcement brings bitcoin, originally designed as a peer-to-peer payments tool, back to its roots as a potentially serious alternative in the payments industry.