Why would you buy on Strike like this when you are going to pay a fee via price slippage on every purchase? Honestly curious.

Reply to this note

Please Login to reply.

Discussion

its simple for a simple mind. plus I like Jack M. these fees will all be a rounding error in the near future. I stack on Swan too.

I like Jack M too but I buy on Strike with no slippage. Stacking sats on top of sats. Every little bit matters.

U been Zapped... 😉⚡

Thank you! 🤙🏼

If you ever want to purchase bitcoin on Strike with no price slippage - make sure you have USD on your Strike account. On the home screen of Strike click the QR code icon in the upper right. Paste your bitcoin receive address of where you want the bitcoin to go. You'll get a confirmation screen with how much mining fees you'll have to pay. This method also works with a lightning invoice, just make sure before you generate a lightning invoice you include the amount. Cheers!

so do you mean I can buy it on Strike but have it directly sent to my Umbrel node wallet?

Yup! and if you do it the way I mentioned above you won't pay any price slippage. The bitcoin sent to your Umbrel node would be at the current bitcoin USD price.

i have so much to learn for an "old head"