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Strike Rolls Out Bitcoin Purchases To Users Globally
The Bitcoin app company is also partnering with Bitrefill to allow customers to pay for goods via the Lightning Network.
Updated Mar 8, 2024, 5:15 p.m. Published Nov 16, 2023, 9:34 p.m.
Bitcoin firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.
“We’re rolling out a highly anticipated feature that Bitcoiners worldwide have requested for years,” Mallers wrote. “Now, Strike users around the globe can experience the ease of buying bitcoin directly through our platform.”
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Unlike the U.S. where there is no fee for bitcoin purchases, global users will incur a 3.9% fee on their buys. Mallers hopes to lower the cost eventually, but points out that this fee is lower than most of Strike's competitors.
Among other initiatives announced today, Strike is partnering with crypto payments firm Bitrefill, which uses the Lightning Network – Bitcoin’s secondary payment layer – to allow global users to make everyday purchases instantly and nearly free of charge.
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Exchange Review - March 2025
CoinDesk Data's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
What to know:
Trading activity softened in March as market uncertainty grew amid escalating tariff tensions between the U.S. and global trading partners. Centralized exchanges recorded their lowest combined trading volume since October, declining 6.24% to $6.79tn. This marked the third consecutive monthly decline across both market segments, with spot trading volume falling 14.1% to $1.98tn and derivatives trading slipping 2.56% to $4.81tn.
- Trading Volumes Decline for Third Consecutive Month: Combined spot and derivatives trading volume on centralized exchanges fell by 6.24% to $6.79tn in March 2025, reaching the lowest level since October. Both spot and derivatives markets recorded their third consecutive monthly decline, falling 14.1% and 2.56% to $1.98tn and $4.81tn respectively.
- Institutional Crypto Trading Volume on CME Falls 23.5%: In March, total derivatives trading volume on the CME exchange fell by 23.5% to $175bn, the lowest monthly volume since October 2024. CME's market share among derivatives exchanges dropped from 4.63% to 3.64%, suggesting declining institutional interest amid current macroeconomic conditions.
- Bybit Spot Market Share Slides in March: Spot trading volume on Bybit fell by 52.1% to $81.1bn in March, coinciding with decreased trading activity following the hack of the exchange's cold wallets in February. Bybit's spot market share dropped from 7.35% to 4.10%, its lowest since July 2023.
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