Strike companions with Bitstamp to bolster crypto purchases for EU customers

• Strike and Bitstamp have partnered to make Bitcoin and crypto shopping for accessible to extra customers in Europe.
• Bitstamp will present fiat-to-crypto conversion help for Strike.
• Bitstamp has additionally partnered with Web3 platform Kryptos to assist simplify crypto taxes for patrons.

Strike, a number one Bitcoin funds app launched by Jack Mallers, has partnered with crypto alternate Bitstamp to carry Bitcoin to extra individuals in Europe. CoinDesk reported the story first.

Bitstamp/Strike partnership

On Wednesday, the 2 firms introduced in a press launch that they’d collaborate to make crypto shopping for accessible and simpler for patrons within the European Union.

Strike and Bitstamp are eyeing this partnership as one that gives an easier-to-use fiat-to-crypto on-ramp, which permits customers to shortly and simply purchase Bitcoin, Ethereum, Solana and different cryptocurrencies.

Customers have entry to a number of on and off-ramps, together with wire transfers, direct deposits, debit card and cell cash.

Strike is your gateway to #bitcoin

We provide a variety of on & off ramps out there globally, making it simple to purchase, promote, and use #Bitcoin seamlessly

We help every thing from whale orders through wire transfers to cell cash deposits to fund your DCA#Bitcoin ought to be simple pic.twitter.com/KX6SEa9MTf

— Strike (@Strike) August 6, 2024

Strike expanded to Europe in April

The collaboration with Bitstamp follows Strike’s enlargement into Europe. In April, the corporate introduced its entry into the European market after the same milestone in Africa.

Accessible to eligible prospects, the enlargement meant customers throughout the EU might ship, purchase, promote and withdraw BTC.  Customers can withdraw Bitcoin to their self-custody wallets or ship it to any Lightning pockets. The launch additionally launched P2P transactions for Strike Europe customers.

Bitstamp’s partnership with the US-based Bitcoin funds agency comes after Robinhood introduced its $200 million acquisition of the Europe-based crypto alternate in June.

The crypto alternate has additionally introduced a partnership with Web3 finance platform Kryptos to simplify crypto taxes for customers throughout 15 nations, together with the UK, Portugal and Australia.