We improved our on-chain wallet by building on-chain tiers. We wanted to ensure that when the mempool gets tough, our users don’t get hurt. With Strike, you can manage on-chain fees on your terms. When a user initiates an on-chain payment with Strike, they are given three options for both fees and speed of settlement: Priority, Standard, and Flexible:

Priority is the most expensive but also the fastest option

Standard is fairly quick and less expensive

Flexible is free but may take a while if you’re willing to wait.

We’ve seen a lot of growth in our wallet usage as Strike has become an incredible way to manage your bitcoin. I’m very proud to be able to offer the ability for our customers to purchase as much bitcoin as they’d like and then withdraw it to self-custody for free, using our own infrastructure!