We are proud to announce that we have been granted a BitLicense and Money Transmitter License by the New York Department of Financial Services (NYDFS).

New York is the financial capital of the world. The Empire State’s regulatory framework is rigorous, requiring the highest standards of security, operational transparency, and consumer protection. Today’s milestone confirms that Strike is one of the few Bitcoin companies that meet the strict requirements set by one of the preeminent cryptocurrency regulators in the country.

Choosing the right partner for your Bitcoin journey is an important step, and New Yorkers have a new option available. Individuals and businesses can now access a suite of Bitcoin financial services designed for long-term holders:

Buy and sell bitcoin in a New York minute

Strike helps you buy directly with a linked bank account or debit card for maximum convenience. For higher limits, you can also fund your account via wire transfer.

You can also direct-deposit some or all of your paycheck into your Strike account. You can choose to receive your salary as cash or convert up to 100% into bitcoin, with no conversion fees for amounts up to $20,000 per month.

Don't want to miss a price move while you're offline? Set a target order to execute when Bitcoin reaches your desired price, so you don’t have to always be watching the charts.

Strike supports regular saving habits by letting you set automated purchases on hourly, daily, weekly, or monthly intervals. Recurring buys are a seamless way to Dollar Cost Average (DCA) into the market. Fees are waived after the first week for personal accounts.

Strike also allows you to pay bills from ConEd, your credit card, or your mortgage payments straight from your bitcoin balance, so you can automatically sell at the moment when you need to spend cash.

Secure your bitcoin holdings with a NYDFS-regulated custodian

Strike is subject to rigorous audits, capital reserve requirements, and cybersecurity examinations. The bitcoin and cash in your Strike account are held 1:1 and not lent out or used for corporate operations.

Strike empowers you to take your funds into cold storage with free auto-withdrawals. We cover the on-chain fees for you if you are willing to wait up to 24 hours for your withdrawal to be processed.

Get started with Strike in New York

Today marks a major victory for New York Bitcoiners and a move toward providing every American equal access to the money of the future. Sign up now and start buying bitcoin with Strike.

_Note: Zap Solutions, Inc. dba ‘Strike’ is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is not legal tender and is not backed by the government. Strike accounts are not FDIC-insured. Bitcoin’s price is volatile and can lead to losses. Sends on the Bitcoin network are irreversible, and losses from fraudulent or accidental transactions may not be recoverable.