All offers / Crypto / Strike

Strike Examined Jul 27, 2026 Fee waiver, not cash $100 outside the US and Europe No published terms

Strike waives the fee on $500 of bitcoin trading. That is not the same as $500.

Think twicenot because Strike is a bad app, but because the number everyone quotes is a trading allowance rather than a payment. Nobody hands you money. You keep only the fee Strike would otherwise have charged, the figure drops to $100 in most of the world, it does not exist at all in the UK, and Strike publishes no referral terms to tell you what happens next.
A correction, and how it was handled. On July 25, 2026 we pulled the $500 from this page: it had reached us through a tool we then discovered was serving months-old copies of pages as though they were live. On July 26 we read Strike's own referral FAQ through a different tool and the $500 was right all along. Reading it properly also turned up two things we did not have before: the $500 is a US and Europe figure, and the programme does not apply in the UK.
$0 in cash$500 of fees waived$100 elsewhereExamined Jul 26
$500 fee-freeof bitcoin trading, in the US and Europe, once you join with a referral code and make your first bitcoin purchase. It is a purchase allowance, not a payment

Nothing moves from Strike's account into yours. What you receive is a discount on a fee, not a transfer. In plain numbers: a waived fee on $500 of bitcoin buying is worth a few dollars, not $500. Strike's FAQ does not publish its fee rate, so we will not invent one; the only place to see it is Strike's own fee schedule in the app. Multiply that rate by $500 and you have the real value of this offer.

  • Fee-free trading, in the US and Europe$500
  • Fee-free trading, in every other supported country$100
  • Cash paid to you, anywhere$0

The first two figures are Strike's own, from its referral FAQ; if you join from Europe the figure is €500, not $500. The third row is what actually changes hands, and users in the UK are outside the programme altogether.

Why the framing matters. A fee waiver is only worth something if you were going to pay that fee anyway. If you would not otherwise trade, it is worth exactly zero, and trading purely to use it up is how a discount turns into an expense.

What pays what

You, in the US, after your first bitcoin purchase$500 of fee-free trading
You, joining from Europe€500 fee-free
You, in every other supported country$100 of fee-free trading
You, in the United KingdomThe programme does not apply
Cash actually paid to you$0
What the waiver coversSingle trades, recurring buys, target orders, buying or selling
Whether the allowance expiresNot published anywhere

Do this, in this order

  1. Work out what the waiver is actually worth before anything else. Open Strike's fee schedule in the app and multiply the fee rate by $500, or by $100 if you are outside the US and Europe. That result, and not the headline, is what this referral pays you.
  2. Check that the programme reaches you at all. Strike states plainly that the referral programme does not apply to users in the UK. In supported countries outside the US and Europe you receive $100 of fee-free trading rather than $500. Joining from Europe gets you €500 instead of $500.
  3. Enter the code during signup, because that is the only moment described. You download Strike and join with the referral code. There is no published route for adding a code later and no terms document that would give you one.
  4. You have to actually buy bitcoin. Joining is not enough; the benefit is tied to your first bitcoin purchase. No minimum purchase size is published anywhere we read, and no deadline for making it. Your fee-free trading applies immediately once that purchase completes.
  5. Spend the allowance on trades you were making anyway. The waiver covers your next $500 worth of bitcoin trades: single trades, recurring purchases and target orders, buying or selling. If you already buy bitcoin weekly, the waiver quietly covers the next stretch of fees.

The fine print that can still cost you

There is almost no fine print, and that is not a good thing.

Strike publishes no referral terms document at all. Its legal library carries a Terms of Service, a privacy notice, a custody summary, a risk disclosure, a commercial policy and several more. There is no referral agreement among them. A support FAQ is the entire rulebook, and that FAQ carries no last-updated date.

The geography rule lives in one sentence. A single line of that FAQ is what separates $500 from $100, and another is what excludes the UK. There is no schedule of eligible countries to check yourself against, so the app's referral screen is the only place you will see which figure applies to you.

Several questions you would want answered are simply unanswered. Whether the allowance expires, whether multiple referrals stack or overwrite each other, whether Strike can reverse the benefit and on what grounds, whether your account has to stay in good standing, minimum age, any US state restrictions: none of it is published. Here there is no clause to read, which means the answer is whatever Strike decides at the time.

No end date is stated either. The programme can simply stop. The one place a current offer or an expiry would actually show up is the referral screen inside the app.

None of this is a warning about Strike itself. Strike is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. The complaint on this page is about a referral programme with a misleading-looking headline and no written rules.

Open on strike.meCheck the fee schedule in the app first, so you know what the waiver is worth.
Read Strike's referral FAQThe only published description of the programme. It carries no date.

Is it worth your time?

If you already want Strike, take the code. It is free, it applies straight away, and waived fees on trades you were making anyway are a small win with no downside. Judged as a reason to open an account, it is the weakest offer in this group by a wide margin: Kraken and Gemini will put real money in your account for a comparable ten minutes of work, and even the smaller bitcoin apps pay you in bitcoin rather than in discounts. Judged as a small courtesy attached to an app you had already chosen, it is fine.

Once you hold a Strike account yourself, sending your own code to others is free money for you: Strike states there is no limit on how many people you can refer, and each one who joins and completes a first bitcoin purchase gets you the same fee waiver, $500 in the US and Europe or $100 elsewhere, once their purchase settles. Whether a second referral's waiver stacks with the first is not published anywhere.

Second opinions

$500 fee-free
a waived fee, not a payment
Open on strike.me

New bonuses worth claiming, the ones that quietly get worse, and every new guide as we publish it.

Alerts

Everything, unless you pick:

No schedule, no filler, unsubscribe in one click.