Strike, a popular Bitcoin and Lightning Network payment application, has officially launched in the United Kingdom, expanding its reach in Europe. This launch allows eligible individuals and businesses in the UK to engage in various transactions such as buying, selling, sending, withdrawing, and making global payments using the app.
Jack Mallers, the founder and CEO of Strike, highlighted the potential of the UK market, emphasizing its population of 67 million and its status as the sixth largest global economy as significant opportunities for Bitcoin adoption. The app is now available in 100 countries and territories worldwide, including the US, Latin America, and Africa, following its European expansion in April.
Mallers expressed his excitement about offering services in the UK, emphasizing the company’s commitment to greater global adoption of Bitcoin and driving financial innovation and inclusion in the UK. The custodial iOS and Android app will enable users in the UK to purchase Bitcoin directly with free unlimited GBP deposits from their bank accounts, with features such as automatic conversion and scheduled recurring purchases.
Users will also have the ability to sell Bitcoin and withdraw funds to their bank accounts, transfer to their own custodial wallets, or make unlimited instant payments via Bitcoin or Lightning Network. It is important to note that this is not investment advice.
Overall, Strike’s expansion into the UK market represents a significant milestone in the company’s mission to promote Bitcoin adoption and financial innovation globally.