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Bitcoin App Strike Now Expands Support to European Users

Key Points:

Bitcoin app Strike expands to Europe amid rising demand and crypto prices.
European users gain access to SEPA deposits to buy Bitcoin with flexible withdrawal options.
CEO Jack Mallers emphasizes Bitcoin’s significance and announces support for businesses seeking Bitcoin solutions.

Bitcoin app Strike has expanded its services to European customers in response to growing demand in the region and rising cryptocurrency prices.

Bitcoin App Strike Now Expands Support to European Users 2

Bitcoin App Strike Enters European Market

In a recent announcement, Strike introduced a suite of services tailored to European users, allowing them to easily join the Bitcoin ecosystem and conduct BTC transactions.

CEO Jack Mallers emphasized the company’s commitment to driving Bitcoin adoption in Europe, allowing users to buy, sell, and send Bitcoin seamlessly across the continent. European customers can now buy Bitcoin with their bank accounts via deposits in the uncapped Single Euro Payments Area (SEPA), which covers 36 countries, including EU member states, EFTA countries, and the UK.

Mallers emphasized that Strike users have the flexibility to withdraw Bitcoin to self-hosted wallets or over the Lightning network to supported wallets. The Bitcoin Strike app also facilitates peer-to-peer money transfers, allowing cross-border payments in Bitcoin, euros in Europe, US dollars in the US, or Tether’s USDT in select regions.

The move into European markets is in line with growing interest in Bitcoin and cryptocurrency offerings in the region. This expansion follows Strike’s previous moves, including moving its global headquarters to El Salvador last year to enter the Latin American market. With a presence in the United States and across Africa, Strike now serves more than 100 countries worldwide.

CEO Jack Mallers Drives Bitcoin Adoption in Europe

The surge in Bitcoin adoption comes amid record-high prices and growing institutional interest. Mallers emphasized the importance of Bitcoin across various sectors as a technical innovation that drives savings and interoperability. Additionally, Strike announced plans to accept applications from businesses looking for Bitcoin support, including SWPa transfers and buy/sell transactions.

European users now have access to unlimited SEPA Euro deposits to purchase Bitcoin and various withdrawal options, including self-managed wallets. Strike’s cross-border payments feature further enhances users’ ability to send money across borders.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.