Bitcoin (BTC) Payments App Strike Now Available in the UK

Strike is introducing buying Bitcoin, global payments, and more to customers in the United Kingdom.

Strike is now available in the UK, offering individuals and businesses access to a suite of Bitcoin and Lightning services.

Stike noted in a blog post that they’re rolling out buy bitcoin along “with free, instant, and unlimited deposits, sell, send, and withdraw bitcoin, global payments, bitcoin and Lightning wallet features like free on-chain withdrawals, and much more.”

To get started, people in the UK can download the app from their iOS or Android app store, or if you’re a business, you can apply for an account.

As of today, Strike is available “in 100 countries and territories across the globe.”

One of the reasons Strike was founded is because the founders believed that the world “needed a global bitcoin company.”

A bitcoin-focused financial institution dedicated “to serving the best of bitcoin to everyone in the world.”

According to a blog post by Strike, Bitcoin is hope “for a brighter future.”

Its technological innovation solves “some of the biggest economic problems we all face today, from global debt, inflation, and currency debasement to financial inequality.”

At Strike, they believe in the transformative power of this technology—”open, global, and public digital infrastructure for money—” and they’re committed to making Bitcoin accessible and available to everyone on the planet.

To make this vision a reality, they’ve been “on a global quest to expand their services.”

Following their recent launch in Europe last month, they are pleased “to introduce Strike to customers in the UK.”

With a population of 67 million, the UK is “the second largest economy in Europe and sixth largest globally and presents significant opportunities for Bitcoin adoption.”

While some Bitcoin companies have retreated from the UK, they are “expanding our presence, doubling down on our commitment to further Bitcoin adoption globally, and driving financial innovation and inclusion forward in the UK.”

They’re introducing their services in the UK, “featuring a beautifully-designed Bitcoin app that delivers all of Strike’s features while complying with local regulations for Bitcoin and “cryptocurrency” companies.”

Signing up for a Strike account involves three steps: creating an account, “providing your details, including investor classification, and passing a knowledge test known as an Appropriateness Assessment required by UK regulation to make sure you understand Strike and Bitcoin (safety first).”

After passing the test, you must wait for a 24-hour “cooling-off” period before you can begin using the Strike app.

Strike Learn, their resource hub, “offers educational materials to support you on your journey and help you learn more about Strike, bitcoin, and potential risks.”

To comply with local rules in the UK, their UK customers will also “notice the customary risk warnings in the Strike App and on our website when viewed by UK visitors.”

You may buy Bitcoin directly with “free, unlimited deposits of pounds via faster payments from your UK bank account.”

You can also transfer money “from your UK bank to your Strike account and get instant access to your funds if supported by your bank.”

You can also automatically convert your deposit to Bitcoin. Simply enable the “auto-buy bitcoin” setting when you deposit funds into Strike to “have future deposits automatically converted to bitcoin.”

In addition, you are able to sell your bitcoin and “withdraw pounds directly to your UK bank account just as easily.”

They automatically save your bank account details “as a payment method to simplify future cash withdrawals.”

You can also withdraw your Bitcoin “to self-custody or send it to any Bitcoin or Lightning wallet instantly and without limits.”

For additional information, check here.



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