Bitcoin-centric app Strike enters Europe

Following the surging interest and escalating cryptocurrency values in Europe, Strike, an application that exclusively deals with Bitcoin, has broadened its services to cater to European clients.

On April 24, Jack Mallers, the CEO of Strike, announced his intentions to facilitate Bitcoin (BTC) usage in Europe by enabling users to purchase, sell, and transfer the premier cryptocurrency across the continent.

EU customers with eligibility can now purchase Bitcoin directly from their bank accounts through an official announcement, utilizing unlimited Single Euro Payments Area (SEPA) deposits. Currently, SEPA encompasses 36 countries: all EU member states, EFTA members, and the UK.

Shoppers additionally shared that Strike permits users to draw out Bitcoins for personal storage or through the Lightning network to any compatible wallet.

Additionally, the Bitcoin app offers Peer-to-Peer transfer functionality, enabling users to carry out transactions in Bitcoin, euros (Europe), U.S. dollars (America), and Tether’s USDT in designated areas, for cross-border payments.

Today represents a significant achievement in our worldwide progress, yet much remains to be accomplished. We plan to expand into additional markets, accommodate more currencies, offer new payment options, broaden our range of services, and refine the user experience.

Jack Mallers, Strike CEO

Strike’s Bitcoin expansion spree

At the same time that Strike is expanding into European markets, there has been increased curiosity among the region’s people about Bitcoin (BTC) and related services. According to a recent report in crypto.news, Europe ranks first in Google searches concerning BTC advancements and leads the way with over 60 banks that provide digital asset services.

Although Europe is now a new location for Strike, last year the company shifted its headquarters to El Salvador with the aim of expanding into the Latin American market. Notably, Strike’s Bitcoin platform operates in the US and Africa as well, serving over 100 nations around the world.

A prominent Bitcoin supporter and vocal proponent named Mallers has expressed his conviction that the value of Bitcoin will reach $1 million. He bases this prediction on Bitcoin’s inherent design and the ongoing global trend of hyperinflation. To further demonstrate his confidence, Mallers reportedly invested all his funds into Bitcoin, allegedly having no US dollars left.

I no longer have any US dollars in my possession, not a single penny remains. As a young American, I hold dear my patriotism but find myself at odds with our currency. I’m fully committed to Bitcoin now, sailing towards potential wealth or sharing the same fate as those who clung to traditional money. It’s crucial to make a decision in these uncertain times. #BitcoinAllTheWay 🚢🌇

— Jack Mallers (@jackmallers) January 2, 2024

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2024-04-24 19:50