#29 of 115 in the US ranking · Bitcoin-only
Strike Review (October 2026): Fees, US States and Licenses
Best for: Lightning payments, recurring buys
6.1/10
By Vahe Hakobyan Verified High confidence No affiliate links
- Taker fee— Not verified
- US statesAll 50 + DC
- New YorkYes
- Coins1
- CustodyCustodial
- App Store4.8 ★ · 29K
Our verdict
Strike is a Bitcoin-only app run by Zap Solutions, Inc., available in all 50 states, DC and Puerto Rico and holding a New York BitLicense. Trading fees start at 0.89% and fall to 0.25% with volume, plus a targeted 0.22% spread; recurring buys are fee-free after the first week. It supports on-chain and Lightning transfers, bill pay and bitcoin-backed loans.
Pros
- Available in all 50 states, with a New York BitLicense
- Recurring buys are fee-free after the first week
- Free batched on-chain withdrawals and Lightning support
Cons
- 0.89% fee plus spread on small one-time purchases
- Loans and bill pay limited to select states
- Custodial: bitcoin is held by Strike unless withdrawn
Strike fees
- Maker / taker
- — Not verified
- Simple buy
- 0.89% fee for monthly volume up to $4,999.99, plus a targeted all-in spread of 0.22%
- Volume tiers
- Monthly volume tiers: 0.79% ($5,000-$49,999.99), 0.69% ($50,000-$499,999.99), 0.59% ($500,000-$4,999,999.99), 0.39% ($5M-$14,999,999.99), 0.25% ($15M+). Recurring purchases are fee-free after the first week for personal accounts; direct-deposit conversions are fee-free up to $20,000 per month.
- ACH deposit
- Free
- Wire deposit
- — Not verified
- Card purchase
- Debit card deposits carry a fee; the amount is shown in the app and is not published in the FAQ
- USD withdrawal
- Wire withdrawal $15 flat ($50,000 minimum wire); instant delivery carries a fee; standard ACH fee not stated
- Crypto withdrawal
- On-chain: free Flexible tier (batched, 12-48 hours) plus paid Standard and Priority tiers; Lightning sends supported, fee not published
- Minimum deposit
- — Not verified
Is Strike available in my state?
Official FAQ (checked Oct 2026) says Strike is available to residents of all 50 states, DC and Puerto Rico, and Strike holds a NYDFS virtual currency license.
- AL available
- AK available
- AZ available
- AR available
- CA available
- CO available
- CT available
- DE available
- DC available
- FL available
- GA available
- HI available
- ID available
- IL available
- IN available
- IA available
- KS available
- KY available
- LA available
- ME available
- MD available
- MA available
- MI available
- MN available
- MS available
- MO available
- MT available
- NE available
- NV available
- NH available
- NJ available
- NM available
- NY available
- NC available
- ND available
- OH available
- OK available
- OR available
- PA available
- RI available
- SC available
- SD available
- TN available
- TX available
- UT available
- VT available
- VA available
- WA available
- WV available
- WI available
- WY available
Buying, selling and holding bitcoin is supported in every state; loans, the line of credit, bill pay and Send Globally are available only in select states (the lending entity is not licensed in New York, among others).
- New York
- Yes
- ID check (KYC)
- Yes
- Withdraw crypto
- Yes
- Funding
- ACH, Wire, Debit card, Direct deposit, Crypto
Is Strike regulated?
- NMLS 1902919
- BitLicense
- US operator
- Zap Solutions, Inc. (d/b/a Strike)
- Parent company
- — Not verified
- State licenses
- Official licenses page lists money transmitter licenses across US states, DC and Puerto Rico, including a New York money transmitter license (MT105258) alongside the NY virtual currency license (0000050); notes say the Indiana and Louisiana licenses do not cover virtual currency. Strike Lending (Zap Solutions Capital, Inc., NMLS 2741098) holds lending licenses in about 30 states.
- New York license
- BitLicense
- Founded
- — Not verified
- Headquarters
- — Not verified
How secure is Strike?
- Proof of reserves
- No platform-wide attestation found; a proof-of-reserves feature for loan collateral was announced in April 2026
- Audits
- — Not verified
- Insurance
- — Not verified
Incidents since 2019
- 2026otherA Tether-proposed three-way merger of Strike, Twenty One Capital and Elektron Energy (April 2026) collapsed in July 2026; Strike remains a standalone company.
Crypto held on a platform is not covered by FDIC or SIPC insurance.
What you can do on Strike
- Spot
- Recurring buys
- Lending
Bitcoin only. Bill pay through account and routing numbers, Send Globally remittances, bitcoin-backed loans and lines of credit (loans from $10,000 per the App Store listing), and automatic withdrawals to self-custody; on-chain and Lightning transfers.
- Apps
- iOS, Android
- Support
- Phone, Help center
Strike FAQ
Is Strike available in my state?
Strike is available in all 50 states and the District of Columbia.
Can New York residents use Strike?
Yes. Strike accepts New York residents.
What are Strike's fees?
Simple buy: 0.89% fee for monthly volume up to $4,999.99, plus a targeted all-in spread of 0.22%.
Is Strike regulated in the US?
US customers are served by Zap Solutions, Inc. (d/b/a Strike). Registrations and licenses on record: NMLS 1902919, BitLicense.
Can I withdraw crypto from Strike to my own wallet?
Yes. Strike lets US users send crypto to an external wallet.
Does Strike require ID verification?
Yes. Strike verifies your identity before you can trade.
How many cryptocurrencies can I trade on Strike?
About 1 cryptocurrencies are available to US users, per Strike's official asset list.
Alternatives to Strike
Cash App#15 · Recurring bitcoin buys6.6
River#40 · Fee-free recurring buys5.8
Fold#58 · Bitcoin rewards on spending5.2
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.