I do hourly on Strike and daily on Swan. Would cancel Swan before Strike.
Withdrawals from Swan are a pain in the ass relative to Strike.
Discussion
Interesting, you would think Cory and Swan would have withdrawal be pretty seamless considering how much they promote self custody . Withdrawing from Strike is pretty easy
Swan is a thin UI and marketing layer built on top of Prime Trust. Withdrawals go through Prime Trust in a multi step process.
Plus, they hold your deposits for as long as 30 days depending on your monthly deposit volume and how you deposit.
Cory claims they are working on building their own backend, but so far it’s still running on Prime Trust.
Strike is a pleasure to use compared to Swan.
https://help.swanbitcoin.com/hc/en-us/sections/360008721293-Bitcoin-Withdrawals
You ever use River ? Someone recommended River to me over Strike and Swan
I haven’t tried River yet. But I was just thinking that I should switch from Swan to River given how annoying I find Swan.
River doesn’t depend on a 3rd party custodian and handles everything as far as I understand. They just aren’t as loud with their marketing.
I like River. They’ve had Lightning deposit/withdrawal for years
Just paused Swan and setup River. Already liking it.
River seemed really great in a lot of ways. Definitely share your experiences.
This is worth reading/watching for anyone that wants a closer look at their strategy:
River is great