• Bitcoin payments app Strike is now available to customers in Europe.
  • The firm has been on an expansion streak recently, launching in several countries globally, most recently in the African region.
European customers can now use Strike, a Bitcoin-based payment app, to purchase, sell, and withdraw Bitcoins (BTC), as per the announcement made on Wednesday.

The company has lately extended its reach to Africa, and it’s now operational in Asia, the Caribbean, and Latin America.

The app may not be accessible in certain countries, so customers should verify its availability through the iOS or Android app marketplace in their specific region.

In a recent press statement, Strike expressed that Europe, being the third largest economic powerhouse in the world, offers immense potential for the acceptance of Bitcoin. This conviction is reinforced by the observed interest and requests from the community.

Jack Mallers, the head of Chicago-based Zap Solutions which owns the app Strike, introduced it in the US market in 2020. This app functions similarly to Cash App or PayPal, widely used online payment platforms, enabling users to send and receive funds globally. However, what sets Strike apart is its utilization of the Bitcoin blockchain for transactions, resulting in quicker and more affordable transfers compared to other options.

European customers can easily transact with Bitcoin (BTC) using euros through SEPA, the local payment system in Europe. This means they can buy, sell, and withdraw BTC while making deposits in euros. The beneficiary of the transaction can opt to receive the funds in either bitcoin, euro, or in certain regions, Tether’s USDT stablecoin.

Read More

2024-04-24 16:31