Strike: Bitcoin & Payments

Strike: Bitcoin & Payments

Send, Receive, Invest, Bitcoin

What is Strike: Bitcoin & Payments?
The 'Strike: Bitcoin & Payments' extension is an all-in-one Bitcoin transaction tool. With Strike, users can make micro investments and payments, tip, remit money, pay for goods/services, and even convert a part of their paycheck or other benefits into Bitcoin seamlessly. Further, Strike prioritizes security and customer support to ensure a secure, user-friendly experience. However, as with all investments, users must be aware of the associated risks.
Merlin
Stats
This extension was removed from Chrome Web Store on 2023-11-13
Users: 19,400+
Rating: 3.16 (43)
Version: 1.21.3 (Last updated: 2023-06-07)
Creation date: 2020-07-03
Risk impact: High risk impact
Risk likelihood: High risk likelihood
Manifest version: 3
Permissions:
  • notifications
  • privacy
Host permissions:
  • http://*/*
  • https://*/*
Size: 11.61M
Stats date:

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Merlin
Summary

WHAT DO PEOPLE USE STRIKE FOR? Strike is used to buy and sell bitcoin, get paid in bitcoin, tip on the web, send and receive micropayments, remit money, pay merchants for goods and services, and make payments with friends.

BUY, SELL, DOLLAR COST AVERAGE Strike is the easiest way to buy bitcoin. Strike makes buying simple and cheap: link a payment method and you're a few clicks away from making your first purchase. Set up recurring purchases hourly, daily, weekly, or monthly and get started by buying as little as $0.50.

CONVERT YOUR PAYCHECK Time is money. Convert the time you spend working into money that works for you. With Strike you can convert any percent of your paycheck, tax return, unemployment benefits, and more into bitcoin for no added fees using your account and routing number. The portion you specify will automatically be converted into bitcoin and accessible within Strike.

CHEAP AND FAST REMITTANCE PAYMENTS Send funds anywhere in the world in seconds with no added fees. Goodbye TransferWise. Goodbye Western Union.

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User reviews
User reviews summary
These summaries are automatically generated weekly using AI based on recent user reviews. Chrome Web Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.
Pros
  • Low service fees
  • Ability to tip bitcoin lightning
  • Easy way to buy BTC and send to cold wallet
  • Quick and easy to use
Cons
  • Bug preventing payment of lightning invoices
  • Tax reporting issues
  • Account shutdown without explanation
  • Difficulties in setting up an account
  • Insufficient customer support
  • Design issues with ID verification
Most mentioned
  • Low service fees
  • Bug preventing payment of lightning invoices
  • Tax reporting issues
  • Account shutdown
  • Difficulties in setting up an account
Recent reviews
Great extension, but it appears a bug was introduced recently that no longer allows me to pay lightning invoices. I receive the error, "You have an insufficient balance. Please try a smaller payment." Even though there is sufficient balance. The Android app will work successfully when trying to pay the same invoice.
by Corey Phillips Corey Phillips, 2023-06-27

I had a tax nightmare using the bitcoin tab to buy and sell entirely on their platform. Strike switched exchange providers during the year and all subsequent sales did not include the cost basis on 1 of the 2 1099's resulting in missing cost basis reporting and showing only the proceeds. They could have provided customers with an aggregate 1099 to include all taxable transactions made between their providers. Had I known this would have resulted in fragmented reporting I would have never used the service to begin with. Completely unacceptable and horrendous customer service. Punishing customers with tax compliance issues due to changes you made with back-end providers.
by Jeff Tolentino Jeff Tolentino, 2023-02-16

My account was shutdown without explanation. In fact, the only explanation I received was do not contact support as I would not get a response. They kept about 61K of my sats too. I don't feel the app is very well explained as to what you're supposed to do with it. I only did things it allowed me to do. Maybe I'll get a reply here and either get my account back or at least my sats.
by Shaun Dunn Shaun Dunn, 2023-01-26
View all user reviews
Safety
Risk impact

Strike: Bitcoin & Payments is risky to use as it requires a number of sensitive permissions that can potentially harm your browser and steal your data. Exercise caution when installing this extension. Review carefully before installing. We recommend that you only install Strike: Bitcoin & Payments if you trust the publisher.

Risk likelihood

Strike: Bitcoin & Payments may not be trust-worthy. Avoid installing if possible unless you really trust this publisher.

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Promo images
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