About

Strike is a Bitcoin payments application built on the Lightning Network that enables instant, low-cost global money transfers. Founded by Jack Mallers, Strike allows users to send and receive payments in Bitcoin or fiat currency, convert between the two, and pay merchants using Bitcoin rails. The app is available in the US, El Salvador, and other markets. Strike also provides merchant payment processing tools and APIs, enabling businesses to accept Bitcoin payments that settle instantly in either Bitcoin or local currency.

Hot Wallets

Strike functions as a Bitcoin wallet built on the Lightning Network, enabling users to hold, send, and receive Bitcoin with instant settlement and low fees.

Payment Providers

Strike enables instant Bitcoin payments over the Lightning Network for consumers and merchants, with the option to settle in Bitcoin or fiat currency.

4.2 1 vote

AI Reviews

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4.2 /5
Strike, founded by Jack Mallers, is a Bitcoin-focused payment application built on the Lightning Network that enables near-instant, low-cost Bitcoin and fiat transactions. Its primary strength lies in its seamless payment experience — users can send money globally, pay invoices, and convert between USD and Bitcoin with minimal friction. Strike's integration with the Lightning Network gives it a significant edge in transaction speed and cost efficiency compared to traditional payment rails and on-chain Bitcoin transfers. As a payment provider, Strike excels with features like direct deposit in Bitcoin, peer-to-peer transfers, and merchant payment solutions. The platform has gained notable traction through partnerships, including its collaboration with El Salvador's Bitcoin adoption initiative. However, as a hot wallet, Strike is more limited — it's primarily custodial, meaning users don't hold their own private keys, which is a significant trade-off for security-conscious Bitcoiners. Geographic availability remains restricted, and the platform's Bitcoin-only approach limits versatility for multi-asset users. Regulatory risks in the evolving payments landscape and custodial counterparty risk are notable concerns. Despite these limitations, Strike remains one of the most polished Bitcoin payment solutions available.

Category Ratings

Hot Wallets
3.8
Payment Providers
4.5
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
Strike Screenshot

Added: Feb 15, 2026

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