Crypto Payments App Strike Opens Door To European Customers

Cryptocurrency payment app, Strike has announced the expansion of its service to Europe targeting wider Bitcoin adoption.
By David Pokima

Highlights

  • Bitcoin payment platform expands services to Europe.
  • The firm eyes wider Bitcoin adoption in the region.
  • Strike previously expanded to Africa and other jurisdictions.

Bitcoin (BTC) payment platform, Strike has announced the expansion of its services to European customers targeting increased crypto adoption. In a recent press release, the company unveiled the expansion to eligible European customers. 

Strike introduces a comprehensive suite for European users to onboard new users to the Bitcoin ecosystem. According to the release, customers can sign up and facilitate BTC transactions. 

Customers can sign up in a few clicks, seamlessly and securely buy bitcoin with free, instant, and unlimited deposits, and sell, send, and withdraw just as easily. The platform also facilitates global payments and offers advanced Bitcoin and Lightning wallet services.” 

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Bitcoin For All

Bitcoin adoption has surged in recent months following price highs and institutional inflows. Jack Mallers, the CEO of Strike highlighted Bitcoin’s importance to many sectors as a technical innovation driving saving and interoperability. 

Bitcoin transcends borders, enhances financial inclusion, and solves some of the biggest economic problems we all face today such as inflation. As the third-largest economy globally Europe presents vast opportunities for Bitcoin adoption and we believe that Strike is uniquely positioned to serve millions of people across the continent.” 

The move to Europe comes following previous expansions to multiple jurisdictions. Strike now services customers in nearly 100 countries in Africa Latin America and the United States. 

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Strike Seeks Partnership With Local Firms 

In addition to onboarding European clients, Strike announced that it will accept applications from businesses to support Bitcoin needs including SWPa transfers and buying/ selling transactions.

Users in Europe can buy Bitcoin with unlimited SEPA Euro deposits and make withdrawals to self-custody Bitcoin wallets or other forms. Users can also leverage the cross-border payment feature to send funds including the withdrawal options. 

Europe continues to have multiple crypto firms because of its friendly regulations as it introduced clear rules. The Markets in Crypto Assets (MiCA) regulation was hailed as a landmark law for other jurisdictions to emulate.

Also Read: Ex-SEC Official Reacts To DOJ Seeking 3-Year Prison Term For Binance Founder CZ 

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David Pokima
David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.
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