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CashApp vs Strike?

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Hear me out, for the longest time I loved Strike for there no free buy and withdraw instant platform.

Until recently, they now put a hold on funds for 3-5 business days, added a deposit fee of 1.94% on debit card purchases, and choose to add different levels of withdrawal speed (less time is more expensive, more time is cheaper/free).

I was doing some thinking of my own and found that the spread (at the time of writing this is almost a full percent). If you don’t mind waiting 3-5 business days then you’re only “paying” a roughly 1% fee.

Well I don’t like waiting and leaving my funds on an exchange, hopefully like the rest of us.

If you choose to go the debit card route, that’s roughly 2.94% in fees for the whole transaction, not to mention the withdrawal but you can just do lighting and they take 2 Sats from you, no biggie.

Introduce Cash App, for a flat 2% fee you can buy and withdraw Bitcoin instantly. When I was looking at the price, I did not notice a spread, please do your own research.

I know some of you will agree and disagree with this but I rather pay the flat fee and be able to withdraw instantly.

Sorry I took so much of your time, if you scrolled to the bottom to find the direct answer.

Cash App is cheaper than Strike (read for breakdown)

Cheers!

submitted by /u/Only-Talk-9123
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