Does @strike allows to backup my key?
#asknostr
Discussion
What key?
Seed
It's a custodial wallet, bud. They hold the keys
Gotcha thanks
I think their Bitcoin wallet allows you to backup your seed phrase
But it's on chain, no lightning
They do allow you access to your seed words. I think it's an okay wallet for spending, but it's a hot wallet connected to the Internet. Even though it's non custodial and you control the keys. It is still a wallet that you have to access while connected to the Internet.
Thanks
I just checked too. As nostr:nprofile1qqsr7acdvhf6we9fch94qwhpy0nza36e3tgrtkpku25ppuu80f69kfqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhszrnhwden5te0dehhxtnvdakz7x08grv has confirmed, nostr:nprofile1qqsrs20qpc4hlq0ef7s3q0k7swlp79q8ys5eex3hxtmg40fccvr4yhspz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qz9thwden5te0v35hgar09ec82c30wfjkccte28rd4w wallet gives you access to your seed phrase. But it's a hot wallet
Strike is a good wallet to use until you have enough in there that warrants a withdrawal to cold storage. Maybe that's 1M sats. You can also use it as a general spending wallet/hot wallet too.
Any harm in moving your #btc from strike to proton wallet rather than cold storage? 🤔
And its fast and allows lighning transactions skips fees and slick design
Lol what key
Strike is custodial solution. Not your keys, not your coins. The good thing about strike is they are encouraging you to withdraw to your own cold wallet.
I use it for DCA (dollar cost averaging) and not long ago they introduced a neat feature "auto withdrawals". When you reach certain amount (0.01₿ is minimum) the funds will be sent to your cold storage without fees.
nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpg3mhxw309ahhsarjv3jhvctkxc685d35093rw7pkwf4xwdrww3a8z6ngv4jx6dtzx4ax5ut4d36kw6mwdpa8ydpkdeunyutzv9jzummwd9hkutce35yfw is from my view, the best Bitcoin purchasing app you can find if you're ok with KYC.
For me, KYC is not a biggie. I love airports 🪂 especially over water.