Strike Review 2026: Best App for Bitcoin DCA?

Strike is a bitcoin-first payments app built on the Lightning Network. It allows users to buy bitcoin, send money globally, and dollar-cost average (DCA) into bitcoin with low fees. Founded by Jack Mallers, Strike has raised over $540 million and aims to make bitcoin accessible for everyday transactions. This review covers Strike’s fees, features, and security in 2026.

What It Is and Who It’s For

Strike is a mobile app that focuses on bitcoin. It’s designed for people who want to use bitcoin for payments, not just speculation. The app supports instant transfers via the Lightning Network, global remittances, and automatic bitcoin purchases using DCA. Strike is best for users who want to accumulate bitcoin gradually or use bitcoin for daily spending. It’s not for traders looking for advanced charting or altcoin support.

Buying Bitcoin: Fees and Spreads

Strike offers low fees for buying and selling bitcoin. There are no monthly subscription costs for the basic tier, and the spread is competitive. Strike uses a model where you can buy bitcoin at the spot price plus a small spread. For larger amounts, fees can be 0% if you use a linked bank account or direct deposit. The app does not charge additional network fees when withdrawing bitcoin on Lightning, though on-chain withdrawals have a small fee. Compared to Cash App or PayPal, Strike’s fee structure is transparent and generally lower.

Lightning Payments and Global Remittance

Strike is built on the Lightning Network, enabling instant, low-cost payments. You can send bitcoin to any Lightning wallet with near-zero fees. Strike also supports fiat-to-Lightning payments, so you can convert USD to bitcoin and send it instantly. For global remittance, Strike works in over 30 countries. Recipients can receive local currency or bitcoin. Strike’s remittance feature is cheaper than traditional services like Western Union, and transfers are nearly instant.

Recurring DCA and Paycheck Conversion

Strike’s DCA feature lets you set up daily, weekly, or monthly bitcoin purchases. You can also convert a percentage of your paycheck directly into bitcoin. This hands-off approach smooths out price volatility. There are no extra fees for DCA setups. The app also supports “stacking sats” with every purchase, rounding up transactions to the nearest dollar and buying bitcoin with the difference. This feature is ideal for long-term accumulators.

Custody, Security, and Availability

Strike is a custodial service, meaning Strike holds your bitcoin. It uses industry-standard security measures, including multi-sig wallets and insurance for digital assets. The app requires identity verification (KYC) to comply with regulations. Strike is available in the US, Canada, Europe, and parts of Latin America, but not all countries. Two-factor authentication is available. Since Strike controls the private keys, users who want full control should use a non-custodial wallet for long-term storage.

Verdict: Who Should (and Shouldn’t) Use It

Strike is an excellent choice for beginners wanting to buy bitcoin with low fees, especially through DCA and paycheck conversion. Lightning payments make it great for spending bitcoin. However, it’s not suitable for crypto traders who need altcoins or advanced tools. Custodial nature may deter privacy-conscious users. Overall, Strike simplifies bitcoin for everyday use, but it’s not a complete financial platform.