Buying Bitcoin doesn’t need to be complicated. Strike, created by Jack Mallers, has emerged as one of the simplest and most cost-effective ways to acquire Bitcoin. Let’s walk through the process.
Getting Started
First, download the Strike app from your phone’s app store. The setup process is quick – you’ll need to provide basic information and verify your identity. Connect your bank account, and you’re ready to begin.
Making Your First Purchase
- Open Strike and tap the Bitcoin tab
- Hit “Buy”
- Enter your desired amount
- Confirm the purchase
That’s it. Strike charges around 0.65% in spread fees, significantly lower than most alternatives. For comparison, many exchanges charge 1-3% or more.
Smart Features
Strike includes several helpful tools for Bitcoin buyers:
- Set up recurring purchases (also called dollar-cost averaging)
- Create target orders at specific prices
- Instantly withdraw to your personal wallet
- Send Bitcoin through the Lightning Network for near-zero fees
Security First
While Strike maintains high security standards, it’s wise to:
- Enable two-factor authentication
- Use a unique, strong password
- Move larger amounts to a personal wallet
Remember, you can start with any amount – even $10. The goal is to begin your Bitcoin journey safely and simply. As you learn more, you can explore additional features and custody options.
Note: Strike is currently available in 65+ countries. Check their website for availability in your region.
