Bitcoin is a global liquid asset, used by people and businesses worldwide to hold and transact value. It offers enhancements and diversifications for businesses:

Protection from inflation

Cash loses value over time due to inflation, however, with bitcoin you can diversify your liquid holdings into an asset that can’t be printed by governments.

Borderless payments

Payments can be sent and received globally with any Bitcoin or Lightning-enabled wallets – including employees, contractors, customers, suppliers, or subsidiaries – and because bitcoin is traded 24/7/365 across all major currencies, value can always move in, out, and through bitcoin.

Financial sovereignty

Bitcoin can be withdrawn and held in your own custody, enabling you to hold liquid funds without relying on a bank or 3rd party.

Accessibility

Cash in bank accounts may only be accessible during bank hours, within set limits, and take 1-5 business days to transfer, whereas bitcoin can be sent on a holiday Sunday at 4am internationally in whatever amount you need.

Strike Business is available for eligible companies based in the US (except those incorporated in New York), the United Kingdom, and eligible European countries.

If your business is incorporated elsewhere and you wish to work with Strike please contact partners@strike.me to discuss potential availability according to your use-case.

Eligible businesses can sign up for a Strike Business account by following these steps:

1. Start Business onboarding: Visit the Strike Dashboard and select “Sign up as a Business”
2. Verify your email: Enter the email you will use for login and verify this email via confirmation code
3. Create a username: Choose a username for peer-to-peer and Lightning address transactions
4. Select your country: Ensure your country and state are from a supported region
5. Proceed with verification: Provide details to complete the verification process

The business verification process includes:

• Providing basic business information (e.g. name, address, EIN, incorporation details)
• Uploading necessary documents (e.g. tax or banking documents, relevant licenses)
• Verifying the identities of owners and operators, which will be done by sending separate emails to each individual and requires name, address, and government-issued photo ID

Businesses interested in using Strike’s developer features, such as the Strike API for programmatic bitcoin and cash transactions via the Bitcoin and Lightning Networks, may need to complete additional verification steps during the verification process for their specific use case.

Once the information for your business, owners, and operators have been verified, your Business account will be approved and you will be able to deposit cash, buy bitcoin, and make transactions.

If you experience any challenges during the signup or onboarding process, please contact support@strike.me.

Strike Business offers competitive and scalable fees for buying and selling bitcoin – the more you trade, the better the fees.

The trading fees are structured into levels, based on your monthly trading volume, and are applied as a percentage of the trade size.

Monthly trading volume	Fee
<$250	0.99%
$250 - $2,000	0.95%
$2,000 - $5,000	0.89%
$5,000 - $50,000	0.79%
$50,000 - $500,000	0.69%
$500,000 - $5,000,000	0.59%
$5,000,000 - $15,000,000	0.49%
>$15,000,000	0.39%

Your monthly trading volume is the dollar amount you have bought and sold of bitcoin, including the trading fees themselves. Trades that are on a fee level threshold will execute at the better fee rate. The initial fee level starts when your monthly trading volume is $0, and as you buy or sell bitcoin throughout the month you can advance to better fee levels. For each month, you start with the fee level of your previous month.

Example

If you bought $200 of bitcoin and sold $100 of bitcoin in January, your monthly trading volume would be $300:

• Your $200 bitcoin purchase would be at the 1st fee level
• Your $100 bitcoin sale would be at the 2nd fee level
• Your next trade in February would be at the 2nd fee level (or better, if it was $2,000 or more)
• If you have no trades in February, you would reset to the 1st fee level on March 1st at 00:00 UTC

While Strike incurs fees from global market participants to source bitcoin, this Strike fee structure gives you a clear, delivered price with better fees the more you trade.

Bitcoin buying is unlimited.

You can deposit as much cash as you want into your Strike Business account via wire transfer, buy unlimited amounts of bitcoin, then hold or withdraw your bitcoin to your custody. Selling bitcoin is also unlimited, as you can receive bitcoin into your Strike Business account, sell your bitcoin for cash, then withdraw your cash to your preferred USD bank account.

Businesses can also integrate with the Strike API for making programmatic bitcoin transactions, including buying and selling bitcoin.

The Strike Dashboard is a web-interface that lets you easily manage your Strike Business account. From your Strike Dashboard, you can:

• Deposit and withdraw cash
• Buy and sell bitcoin
• Manage payment methods
• Send and receive bitcoin payments (both on-chain and via Lightning)
• Track and export your trading and transaction activity

The Strike Dashboard also provides developer resources, such as the ability to create and manage API keys. Learn more about Strike's developer products at Strike BLACK.

Strike takes security seriously. Various security features are in place to ensure your account information and funds remain protected at all times, including:

• Login confirmation code: Each time you log in to your account, you must enter a one-time confirmation code sent to your associated email. This ensures that only individuals with access to your email can log in.
• Two-factor authentication (2FA): Within your Strike Dashboard, you can enable 2FA using an authenticator app, such as Google Authenticator, to provide an additional layer of security.
• Strike Support: Our Support team is available to respond to any of your security concerns. Additionally, our onboarding team can answer specific security questions that may be particular to your situation.