Today, we’re excited to introduce bitcoin auto-withdrawals—an automated, free, and secure way to move your bitcoin into self-custody.

At Strike, we believe in giving you full control over your bitcoin. With bitcoin auto-withdrawals, you can now automatically transfer your bitcoin once your balance reaches a specified amount—at no cost.

This feature is live and available for everyone. Simply update your app to the latest version or download Strike to get started.

Your Bitcoin, Your Way

As Bitcoiners, we get the importance of—”not your keys, not your coins.” With over 90% of bitcoin purchased on Strike estimated to be transferred off-platform, we’ve optimized our withdrawals to be flexible, efficient, and free. Automating withdrawals brings a new level of convenience, making self-custody seamless.

You asked, we delivered.

Set it and forget it

Now, when you enable auto-withdrawals, your entire bitcoin balance will automatically transfer to your chosen address each time it reaches your balance threshold (minimum 1,000,000 sats or ₿0.01).

Setup is simple, and the process is fully automated:

• Set a balance threshold to trigger withdrawals.
• Add one or more Bitcoin addresses to receive withdrawals.
• When your balance hits your threshold (from buying bitcoin, receiving a payment, depositing bitcoin, or direct deposit), your auto-withdrawal kicks in.
• Your balance is queued for withdrawal, and becomes unavailable for other transactions.
• The withdrawal is sent within 24 hours with no on-chain fees.
• Once confirmed on the blockchain, the withdrawal is complete.

Auto-withdrawals repeat until paused or canceled. You can learn more about setting up and managing bitcoin auto-withdrawals in our FAQs.

Free On-Chain Delivery

All auto-withdrawals are sent on-chain through our flexible delivery tier, with no fees for you. That’s right, auto-withdrawals are free. Withdrawals are delivered within 24 hours, though exact timing may vary depending on Bitcoin’s block time. Whitelist Bitcoin Addresses

For added convenience, you can pre-set one or more Bitcoin addresses. This way, each transfer automatically goes to a trusted destination, saving you from re-entering addresses every time.

Automate Your Bitcoin Journey

With auto-withdrawals, your Bitcoin experience is fully automated, making it easier than ever to stack and secure your sats. Paired with direct deposit, DCA, and target orders, auto-withdrawals let you take each step in your Bitcoin journey on autopilot—from funding and buying to securing your bitcoin in self-custody.

Thanks

Auto-withdrawals have been frequently requested, and we’re excited to make this feature available for everyone. We’re committed to bringing you the best of Bitcoin with a secure and seamless experience, whether you’re a long-time Strike customer or just getting started.

Thank you for your continued support, and keep sharing your ideas for how we can make your Bitcoin experience the best it can be.