Strike partners with Bitstamp to boost crypto purchases for EU users

  • Strike and Bitstamp have partnered to make buying Bitcoin and cryptocurrencies accessible to more users in Europe.
  • Bitstamp will provide fiat-to-crypto conversion support for Strike.
  • Bitstamp has also partnered with Web3 platform Kryptos to help simplify cryptocurrency taxes for customers.

Strike, a leading Bitcoin payment app launched by Jack Mallers, has partnered with cryptocurrency exchange Bitstamp to bring Bitcoin to more people in Europe. CoinDesk was first to report the story.

Bitstamp/Strike Partnership

On Wednesday, the two companies announced in a press release that they would collaborate to make purchasing cryptocurrencies accessible and easier for customers in the European Union.

Strike and Bitstamp envision the partnership as a way to offer an easier-to-use fiat-to-crypto gateway that allows users to quickly and easily purchase Bitcoin, Ethereum, Solana, and other cryptocurrencies.

Users have access to multiple on- and off-ramps, including wire transfers, direct deposits, debit cards, and mobile money.

The strike spread to Europe in April

The collaboration with Bitstamp follows Strike’s expansion into Europe. In April, the company announced its entry into the European market after a similar move into Africa.

Available to eligible customers, the extension allows users across the EU to send, buy, sell, and withdraw BTC. Users can withdraw Bitcoin to their personal wallets or send it to any Lightning wallet. The launch also introduced P2P transactions for Strike Europe users.

Bitstamp’s partnership with the US-based Bitcoin payments company comes after Robinhood announced its $200 million acquisition of the Europe-based crypto exchange in June.

The cryptocurrency exchange also has announcement a partnership with Web3 financial platform Kryptos to simplify cryptocurrency taxes for users in 15 countries, including the UK, Portugal and Australia.



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