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FAQ
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Cash
How do I receive cash?

You can receive cash value from Strike users or from Bitcoin or Lightning wallets by visiting your Cash screen and following these steps:

Receive from a Strike user

  1. Tap Receive
  2. Select Username
  3. Enter the sender’s username
  4. Enter the cash amount
  5. Confirm the request

When receiving cash from a Strike user, this is carried out through the Bitcoin Lightning Network. The sender’s cash will be converted to bitcoin, sent through Bitcoin’s Lightning Network, converted back into cash then delivered to your cash balance.

Receive from a Bitcoin or Lightning wallet

  1. Tap Receive
  2. Select Bitcoin wallet
  3. Toggle between Lightning or on-chain, depending on your preferred method
  4. Tap “Receive as” to choose to keep as bitcoin or to convert to cash
  5. Specify an amount to request (if you want)
  6. Show or share the Lightning or on-chain QR code to the sender
  7. Have the sender scan or paste and confirm the payment

When receiving from a Bitcoin or Lightning wallet to your cash balance, the sender’s bitcoin (when received) will be converted into cash and credited to your cash balance. Please note, receiving via an on-chain transaction may take additional time to complete. Additionally, when you receive funds and a currency conversion is involved (e.g., Bitcoin to GBP), Strike applies a 1% spread.

© 2026 NMLS ID 1902919 (Zap Solutions, Inc.)
Zap Solutions, Inc. dba ‘Strike’ is licensed to engage in virtual currency business activity by the New York State Department of Financial Services.
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