Hassan Maishera
TL;DR
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Strike has launched its services to users in Europe.
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The Bitcoin payments app has been expanding its presence globally and recently launched in Africa.
Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched its services in Europe. The launch allows customers to buy, sell and withdraw bitcoin (BTC) in the continent.
This latest development comes after Strike expanded its services to Africa. The company also has a large presence in Asia, the Caribbean and Latin America. The Strike App is available for download on iOS or Android app store. However, Strike revealed that some European countries are excluded from the expansion. In its press release, Strike said,
“As the third-largest economy globally … Europe presents vast opportunities for bitcoin adoption. We’ve seen the demand and heard the feedback first-hand from the community.”
Strike has been around since 2020 and was launched by Chicago-based Zap Solutions. Many in the Web3 ecosystem compare the app to Cash App or PayPal, two popular online payment systems.
Strike allows users to send and receive money globally. However, it differs from Cash App and PayPal as it uses the Bitcoin blockchain to process transactions, making transfers faster and cheaper than other alternatives.
With its launch in Europe, customers in the region can now buy, sell and withdraw BTC directly with euro deposits through SEPA. users can choose to receive the value in BTC, Euro, or USDT.
