Strike conquers Europe: Access to BTC with Lightning Network

Strike conquers Europe: Access to BTC with Lightning Network

The payment service provider Strike has announced its expansion into the European market and offers people easy access to the digital currency BTC based on the Lightning Network. With just a few clicks, users can register and buy Bitcoins smoothly and securely. The company had raised around $80 million in a financing round in 2022 to advance the availability of the Strike service internationally. In addition to Europe and the United States, Strike's services are also available in Africa and Latin America.

The launch of Strike in the European market comes at an auspicious time as interest in cryptocurrencies is increasing, especially following the debut of physically backed Bitcoin ETFs in the US and the successful implementation of the fourth Bitcoin halving. By entering the European market, Strike is competing with companies such as eToro, Coinbase and BitPanda. However, Strike has a good chance of success as the company offers its users the ability to trade Bitcoin at significantly lower processing fees than competitors like Coinbase.

Strike's goal is to make trading Bitcoin through the Lightning Network more efficient and cost-effective. The introduction of a USD-EUR conversion feature makes the service even more attractive, something traditional money transfer providers like Wise lack. By expanding into Europe and providing a user-friendly platform, Strike contributes to the normalization of cryptocurrencies as a legitimate means of payment and creates trust in the digital future of finance.