How to Withdraw Funds from Strike App: A Step-by-Step Guide
Learn how to withdraw funds from the Strike app with our step-by-step guide. Explore methods, fees, & tips for a smooth withdrawal experience.
As digital finance continues to evolve, the Strike app has emerged as a popular platform that bridges traditional banking with Bitcoin payments. Whether you’re using Strike to buy BTC, receive payments, or send money globally, at some point, you’ll want to withdraw funds—either to your bank account, a crypto wallet, or even cash.
In this guide, we’ll break down exactly how to withdraw funds from the Strike app—step by step.
What Is the Strike App?
Strike is a mobile payment app powered by the Bitcoin Lightning Network, allowing users to send and receive money instantly with low fees. What makes Strike unique is that it offers both fiat (USD) and Bitcoin (BTC) balances, letting users move seamlessly between traditional and digital currency.
Whether you're cashing out after a Bitcoin gain or transferring USD to your bank, Strike makes withdrawals simple.
Before You Begin
Before initiating a withdrawal, make sure you:
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Have a verified Strike account (ID verification is required).
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Have available funds in either your USD or BTC balance.
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Have added a linked bank account or crypto wallet, depending on your withdrawal method.
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How to Withdraw Funds from Strike
Option 1: Withdraw USD to Your Bank Account
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Open the Strike app and log in.
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Tap the “Home” tab or the wallet icon at the bottom.
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Under your USD balance, tap “Withdraw”.
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Select “Bank Account” as your destination.
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Enter the amount you want to withdraw.
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Choose your linked bank account (or add one if needed).
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Confirm the transaction.
???? Processing Time: Bank withdrawals typically take 1–2 business days, depending on your bank.
Option 2: Withdraw Bitcoin to a Crypto Wallet
If you hold BTC in your Strike wallet and want to move it off the app:
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Go to your Bitcoin balance on the home screen.
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Tap “Send” or “Withdraw BTC”.
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Choose “Bitcoin address” or “Lightning invoice”, depending on your wallet.
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Paste your BTC wallet address (for on-chain) or scan the QR code (for Lightning).
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Enter the amount and tap “Confirm.”
⚠️ Network Fees: BTC withdrawals may incur a small network fee, especially for on-chain transactions. Lightning transfers are generally much cheaper and faster.
Option 3: Use a Bitcoin ATM to Withdraw Cash
Want cold, hard cash? Use your withdrawn BTC at a Bitcoin ATM near you:
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Use Strike to withdraw Bitcoin to your personal BTC wallet (like Muun, BlueWallet, or a hardware wallet).
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Visit a local Bitcoin ATM (find one near you at CryptoATMExpert.com).
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Select “Sell Bitcoin” on the ATM.
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Scan the ATM's QR code and send the BTC from your wallet.
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Wait for confirmation (usually under 10 minutes).
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Withdraw cash from the machine!
???? Pro Tip: Strike does not directly support ATM integration, so you'll need to move funds to your own wallet first.
Is It Safe to Withdraw from the Strike?
Yes, Strike is regulated and compliant in the U.S. It uses bank-grade encryption, two-factor authentication (2FA), and KYC procedures to keep your account secure. As always, practice good security hygiene and only withdraw to wallets or banks you trust.
Final Thoughts
Strike makes withdrawing your funds—whether fiat or crypto—surprisingly easy. Whether you're moving USD to your bank, BTC to a personal wallet, or turning crypto into cash at a Bitcoin ATM, the app gives you flexibility and control over your money.
Got questions about using Strike or Bitcoin ATMs? Drop them in the comments below or contact our support team—we're here to help!
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