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Cryptocurrency

Strike Launches Incredible Bitcoin Paycheck Feature

Strike Launches Bitcoin Paycheck Feature

  • Lightning Network payment platform, Strike it’s launching a paycheck withdrawal feature for Bitcoin in the US
  • The platform will now offer users the option of converting their paycheck to Bitcoin instantly without their employers accepting BTC
  • Strike us best known as the platform that helped El Salvador adopt bitcoin by creating digital wallets and ATMs

After helping Central American country El Salvador to adopt Bitcoin, Strike is set to extend its cryptocurrency services to the United States.

The platform will now allow users to convert all or a portion of their paychecks into BTC without the help of their employers.

The Pay Me in Bitcoin option which was launched on Thursday will allow users to deposit their salary to their Strike accounts and swap it for Bitcoin without charge.

The feature was initially tested last year when National Football League player Russell Okung used the platform to convert 50% of his salary into Bitcoin.

Strike

The act triggered many other sports athletes to follow in his footsteps and embrace Bitcoin.

Strike is not the first company to make the paycheck-to-crypto feature available for US residents.

Only last month, Coinbase, the leading U.S. cryptocurrency exchange announced a feature that will allow users to deposit all or part of their paychecks into crypto without charge.

Unlike Coinbase which extends this feature to most other cryptocurrencies, Strike is limiting its offering to Bitcoin alone.

Read also: Russia President Vladimir Putin Throws Support Behind Cryptocurrency

At the time of this report, the flagship cryptocurrency has risen past $59,000 as it edges closer to the $60,000 landmark.

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