It's pretty dang convenient and objectively speedier than futzing around with selling it yourself. Which is 🤏🏻precisely what you were talking about.
I abhor the platform, not shilling for it. If you don't want answers then don't ask the whole world next time 🤣🤣🤣
I come across as a dick on accident sometimes, I guess what I’m trying to say is I don’t care about convenience or speed…. Not nearly as much as I care about the fees
I’m shit noting about fees here
That’s basically all I’m doing
I wanna shine a light on who has higher fees
I’m not sure what the best option is fr
But I want to continue discussing who has the lower fees and maybe it helps create more competition between companies
Like if you want my business, I’m going to go with whichever one has lower fees
That’s all I was bitching about sorry lol
Who has lower fees cash app or strike?
#asknostr
if you setup a recurring buy on strike there are ZERO fees after 1 week
What about direct deposit?
Like paid in bitcoin? Any fees ?
I don’t do that. I read about it and don’t think there are fees
https://strike.me/faq/what-are-the-bitcoin-trading-fees-on-strike/
https://strike.me/faq/what-fees-and-rates-apply-to-cash-transactions-wr/
Their TOS
And a summary:
**Arbitration Clause:** The TOS requires binding arbitration for dispute resolution (Section 24), which means you waive your right to a court trial for disputes. This can limit your options for legal recourse.
**No Deposit Protection:** Assets in your account are not protected by any deposit insurance schemes (Section 5(d)). This means there is a risk of loss without any safety net.
**Fees:**
*Deposit Fees:* There is a fee for loading a balance into your account (Section 6(d)).
Bitcoin Transaction Fees: Fees are charged based on monthly trading volume for buying and selling bitcoin (Section 6(e)).
*Network Fees:* Transactions on the Bitcoin and Lightning networks may incur additional fees, which will be passed on to you (Section 6(b)).
*Lightning Network Fees:* Routing fees will be deducted from transaction amounts (Section 6(g)).
*On-Chain Transactions:* You may pay higher fees to speed up transaction settlement (Section 6(f)).
*No Cancellations, Refunds, or Reversals:* All transactions are final and irreversible (Section 10(h)). If you make a mistake, your funds may be lost.
**Automated Account Recovery:** Strike can recover funds from your account for any amounts owed, including fees or fraud-related reasons (Section 13).
**Account Termination and Service Suspension:** Strike can terminate or suspend your account at its discretion, including if you haven't accessed it in over two years (Sections 18(a) and 18(b)).
**Risk of Using USDT:** USDT is a stablecoin subject to market risks, including potential depegging from the US dollar (Section 5(b)).
**Fiat Currency Services:** Strike does not provide fiat currency services directly, and all fiat transactions are facilitated by third-party providers (Section 5(e) and 5(f)). This could lead to additional complexity or fees.
**Restricted Jurisdictions:** If you are in a restricted jurisdiction, your account and transactions may be suspended or terminated (Section 11(c)).
**Changes to Terms and Services:** Strike can update the terms and discontinue services without notice (Section 19). This could affect your usage and costs unexpectedly.
Trading fees apply
DD process: https://strike.me/faq/how-do-i-direct-deposit-using-get-paid-in-bitcoin/
Trading fees referenced by above: https://strike.me/faq/what-fees-and-rates-apply-to-bitcoin-transactions/
That’s awesome
