what spread is better for buying sats nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l or nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 ??

Reply to this note

Please Login to reply.

Discussion

Cash app

I use cash app because you can send to the cold storage without fee.

That’s truuu πŸ’―

Strike does this as well.

🎯

You can do that on strike as well.

It really depends on the events of the day and your method, if you’re direct depositing to cash app and auto converting to sats, cash app wins as they’ll do that with absolutely no spread or fee. If you’re just smash buying sats, strike can have a better spread then cash app. During high volatility, strike’s spread can widen greater than cash app’s.

Generally speaking, direct deposit and auto convert on cash app is the cheapest way to attain sats i know of, but highly dependent on the price at the time of auto convet.

Strike’s automatic DCA has a relatively good spread and hedges volatility risk, so that’s what I use(daily or hourly).

Ahhhh okokok thank you Austin!! Really appreciate it mi fren! πŸ«‚

Nutella

I stopped using @cashapp because of the fees. @strike has no fees if you use a bank account. Only issue is KYC, but in the US it’s rather difficult to avoid that πŸ€·β€β™‚οΈ

No. These are KYC. You are stacking for someone else. No KYC only

Yes, of course the answer is no bitcoin. Just keep your fiat

Not for me tho

for a fren, they don’t wanna custody themselves yet unfortunately

Well well. It is what it is.

strike

Weird enough, when I last looked 2 months back, Fold had the best

That’s interesting!

seems like it’s an ever changing thing huh

BTC ATMs, agoradesk.com