To solve the problem of converting Cardano ADA to cash via Strike, you first need to understand that Strike does not directly support Cardano ADA for deposits or conversions. Strike primarily deals with Bitcoin BTC and fiat currencies. Therefore, the process involves an intermediary step where you convert your ADA into a supported cryptocurrency like Bitcoin or fiat before it can be transferred to Strike. Here are the detailed steps for a practical, efficient approach:
- Choose a Reputable Crypto Exchange: Select a major cryptocurrency exchange that supports both Cardano ADA and Bitcoin BTC, and allows withdrawals to external platforms or bank accounts. Examples include Binance, Coinbase, Kraken, or KuCoin. Ensure the exchange operates legally in your jurisdiction and has a strong security track record.
- Transfer ADA to the Exchange:
- Log in to your chosen exchange account.
- Navigate to the deposit section and find Cardano ADA.
- Generate your unique ADA deposit address on the exchange.
- From your personal Cardano wallet e.g., Daedalus, Yoroi, Exodus, send your desired amount of ADA to this deposit address. Double-check the address before confirming the transaction to avoid loss of funds.
- Convert ADA to Bitcoin BTC:
- Once your ADA deposit is confirmed on the exchange, go to the trading section.
- Find the ADA/BTC trading pair.
- Place a “Sell” order for your ADA, converting it into Bitcoin BTC. For quicker execution, consider a market order, but for better price control, a limit order might be preferred.
- Withdraw Bitcoin BTC to Strike or a Fiat Gateway:
- If Strike accepts BTC deposits which it generally does, you can withdraw the BTC from the exchange to your Strike Bitcoin deposit address.
- Alternatively, you can convert the BTC to USD or your local fiat currency directly on the exchange and then withdraw the fiat to your linked bank account. From your bank account, you can then deposit funds into Strike if you wish, or simply use the cash directly.
- Cash Out from Strike if applicable:
- Once the funds are in your Strike account either as BTC or fiat, you can initiate a withdrawal to your linked bank account. Strike is known for its fast fiat withdrawals.
Navigating the Crypto-to-Cash Landscape: A Practical Blueprint
Diving into the world of cryptocurrency and then attempting to convert it back to traditional cash can feel like a complex puzzle.
Many platforms don’t directly interoperate, and that’s precisely the case with Cardano ADA and Strike.
Strike is a Bitcoin-focused platform, built on the Lightning Network for fast, low-cost transactions, primarily aimed at making Bitcoin accessible for everyday payments and remittances. It’s not a multi-coin exchange.
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This means a direct “ADA to Strike” button doesn’t exist.
Instead, you’ll need to strategically leverage established cryptocurrency exchanges as intermediaries. How to transfer Cardano to dogecoin
Think of it as a multi-stop flight: your ADA needs a layover at an exchange to convert to a Strike-compatible asset like Bitcoin or fiat before reaching its final destination.
This multi-step process, while adding a slight layer of complexity, is standard practice in the broader crypto ecosystem.
Understanding Strike’s Core Functionality and Limitations
Choosing the Right Cryptocurrency Exchange for ADA Conversion
Selecting a reliable and efficient cryptocurrency exchange is the linchpin of converting your Cardano ADA to cash. This isn’t just about finding a platform that lists ADA. it’s about identifying one that offers liquidity, competitive fees, robust security, and seamless fiat off-ramps. Statistics from late 2023 show that the top-tier exchanges process billions of dollars in daily trading volume, ensuring you can execute your trades efficiently. For ADA, exchanges like Binance, Coinbase, and Kraken are dominant players, consistently ranking high in terms of trading volume and user trust. Binance, for instance, often handles over 30% of the global crypto spot trading volume, offering deep liquidity for ADA/BTC and ADA/USD pairs. Coinbase, known for its user-friendly interface, is a popular choice for beginners, while Kraken is lauded for its advanced trading features and strong security protocols. It’s paramount to verify that your chosen exchange supports withdrawals to your bank account in your local currency and complies with regulatory requirements in your region. Neglecting due diligence here could result in delays, higher fees, or even security risks.
- Binance: Offers a vast array of trading pairs, including ADA/BTC and ADA/USDT. Known for high liquidity and competitive fees, especially for high-volume traders.
- Coinbase: A user-friendly option, particularly for those in the US. Supports ADA and provides straightforward pathways to convert to USD. Higher fees compared to some competitors, but excellent ease of use.
- Kraken: Praised for its security features and a good range of trading pairs. Offers both spot and margin trading options for ADA.
- KuCoin: A global exchange with a wide selection of altcoins, including ADA. Often has lower trading fees but might require more advanced navigation for new users.
Before committing, check recent user reviews, fee structures trading fees, withdrawal fees, and their customer support responsiveness. How to transfer Cardano to wallet
The Conversion Process: ADA to Bitcoin BTC on an Exchange
Once you’ve selected and set up an account on a reputable exchange, the next critical step is converting your Cardano ADA into Bitcoin BTC. This is where your ADA finds its temporary home before moving to Strike. This process typically involves a few key stages:
-
Depositing ADA:
- Navigate to the “Deposit” section within your chosen exchange.
- Search for “ADA” or “Cardano.”
- The exchange will generate a unique Cardano wallet address for your account. Crucially, ensure this is an ADA address, not a Bitcoin address or any other crypto address. Sending ADA to the wrong address will result in permanent loss of funds.
- Copy this address meticulously.
- Go to your personal Cardano wallet e.g., Daedalus, Yoroi, Exodus, Ledger, Trezor.
- Initiate a “Send” transaction, pasting the copied ADA deposit address from the exchange.
- Enter the amount of ADA you wish to convert.
- Review all details carefully before confirming the transaction. The confirmation time will depend on Cardano network congestion, but typically takes a few minutes.
-
Trading ADA for BTC:
- Once your ADA deposit is confirmed and visible in your exchange balance, navigate to the “Trade” or “Spot Trading” section.
- Search for the “ADA/BTC” trading pair. This indicates you want to exchange ADA for BTC.
- You’ll typically see options for “Buy” and “Sell.” You want to “Sell” your ADA.
- Order Types:
- Market Order: This is the simplest and fastest option. It executes your trade immediately at the best available market price. While quick, you might not get the absolute best price, especially for large orders in volatile markets.
- Limit Order: This allows you to set a specific price at which you wish to sell your ADA for BTC. The order will only execute if and when the market price reaches your specified limit. This gives you more control over the price but may take longer to fill, or may not fill at all if your price isn’t met.
- Enter the amount of ADA you want to sell, or the amount of BTC you want to receive.
- Review the estimated BTC you will receive factoring in trading fees, which typically range from 0.1% to 0.5% depending on the exchange and your trading volume.
- Confirm the trade. Your ADA will now be converted into BTC and reflected in your exchange’s BTC balance.
This conversion acts as the essential bridge, transforming your Cardano holdings into an asset compatible with Strike’s ecosystem.
Transferring Bitcoin BTC to Strike for Cash-Out
Now that you have Bitcoin on your chosen exchange, the next crucial step is to get it into your Strike account for conversion to cash. How to convert Cardano to cash on paypal app
Strike is known for its efficiency in facilitating Bitcoin-to-fiat conversions, especially when leveraging the Lightning Network for fast and cheap BTC transfers.
-
Retrieve Your Strike Bitcoin Deposit Address:
- Open your Strike app.
- Navigate to the “Deposit” or “Add Funds” section.
- Look for the option to “Deposit Bitcoin” or “Receive Bitcoin.”
- Strike will provide you with a Bitcoin wallet address often a Lightning Network invoice or a standard on-chain address. Copy this address carefully. Ensure it’s a Bitcoin address.
- Important Note: Strike has evolved, and their primary focus is increasingly on Lightning Network payments. While they still support on-chain BTC deposits, using the Lightning Network is often faster and cheaper if your exchange supports it. However, most major exchanges still primarily deal with on-chain BTC withdrawals.
-
Initiate Bitcoin Withdrawal from Exchange:
- Go back to your cryptocurrency exchange Binance, Coinbase, Kraken, etc..
- Navigate to the “Withdraw” section.
- Select “Bitcoin” BTC as the cryptocurrency you wish to withdraw.
- Paste the copied Strike Bitcoin deposit address into the withdrawal address field on the exchange. Always double-check the address! A single incorrect character can result in irreversible loss of funds.
- Enter the amount of BTC you wish to transfer. Be mindful of the exchange’s withdrawal fees, which vary but are generally a small fixed amount of BTC e.g., 0.0001 BTC.
- Confirm the transaction. You’ll likely need to complete 2FA Two-Factor Authentication for security.
- The transfer time will depend on Bitcoin network congestion. On-chain transfers typically take 10-60 minutes for a few confirmations, while Lightning Network transfers are near-instantaneous.
-
Convert BTC to Cash on Strike and Withdraw to Bank:
- Once the Bitcoin arrives in your Strike account, you’ll see your balance updated. Strike automatically allows you to view your BTC balance in fiat currency e.g., USD.
- To cash out, select the “Withdraw” or “Cash Out” option within the Strike app.
- Choose your linked bank account as the destination. If you haven’t linked one yet, you’ll need to do so, which usually involves providing your bank account and routing numbers.
- Enter the amount of fiat currency you wish to withdraw.
- Confirm the withdrawal. Strike is renowned for its speed in processing fiat withdrawals, often settling within minutes for eligible bank accounts via instant payment networks like Same Day ACH in the US, although standard ACH can take 1-3 business days.
This multi-step approach, while seemingly circuitous, is the most direct and efficient way to convert your Cardano holdings into cash via Strike, leveraging each platform for its specific strengths. How to transfer Cardano to wallet etoro
Security Best Practices When Handling Cryptocurrencies
Converting cryptocurrencies, especially across multiple platforms, inherently involves security considerations.
According to blockchain security reports, over $3.8 billion was lost to crypto hacks and fraud in 2022 alone, underscoring the importance of vigilance.
Protecting your assets throughout this process is paramount.
- Two-Factor Authentication 2FA: Always enable 2FA on all your crypto accounts exchanges, wallets, Strike. Use authenticator apps like Google Authenticator or Authy, which are significantly more secure than SMS-based 2FA. Data suggests accounts with 2FA are over 90% less likely to be compromised.
- Whitelisting Withdrawal Addresses: Many exchanges allow you to “whitelist” trusted withdrawal addresses. Once an address is whitelisted, you can only withdraw to that specific address, making it harder for attackers to divert your funds even if they gain access to your account.
- Double-Check Addresses: This cannot be stressed enough. When sending crypto, meticulously compare the first few and last few characters of the destination address with the one you copied. Consider using QR codes when available to minimize manual entry errors. Sending crypto to the wrong address is irreversible.
- Use Strong, Unique Passwords: Each crypto platform you use should have a complex, unique password. Do not reuse passwords across different services. A password manager can help you manage these securely.
- Beware of Phishing Scams: Always verify the URL of the exchange or wallet platform before logging in. Phishing websites are designed to look identical to legitimate ones but are created to steal your login credentials. Never click on suspicious links in emails or unsolicited messages.
- Secure Your Devices: Ensure your computer and mobile devices are free of malware. Use reputable antivirus software, keep your operating system updated, and use a firewall.
- Understand Network Fees: Be aware of the transaction fees on different blockchains e.g., Cardano’s ADA transaction fees, Bitcoin’s BTC transaction fees. These are paid to network validators/miners and are separate from exchange fees.
- Start Small: If you’re new to transferring substantial amounts, consider sending a small test transaction first to ensure everything works as expected before transferring your full amount. This is a common and highly recommended practice.
- Keep Private Keys Secure for self-custody wallets: If you’re sending from a self-custody wallet like Daedalus or Yoroi, ensure your seed phrase/private keys are backed up securely offline and never shared with anyone.
By diligently implementing these security measures, you significantly reduce the risk of falling victim to scams or technical errors, ensuring a smoother and safer conversion process.
Understanding Fees and Timing in Crypto Conversions
Navigating the crypto-to-cash conversion involves more than just clicking buttons. it’s about optimizing for cost and speed. How to convert usdt trc20 to Cardano in trust wallet
Fees and timing can significantly impact your final cash-out amount and the overall user experience.
- Exchange Trading Fees: When you convert ADA to BTC on an exchange, you’ll incur trading fees. These typically range from 0.1% to 0.5% of the transaction value. Some exchanges use a tiered fee structure, where fees decrease with higher trading volumes. For example, Binance’s standard spot trading fee is 0.1%, while Coinbase can be higher, often around 0.5% or more, depending on the transaction size and payment method.
- Blockchain Network Fees Gas Fees: When you move ADA from your wallet to an exchange, and then BTC from the exchange to Strike, you pay network fees often called “gas fees” or “miner fees”.
- Cardano ADA transaction fees: These are generally very low, often less than 0.2 ADA per transaction around $0.10-$0.20 USD as of early 2024, making ADA transfers cost-effective.
- Bitcoin BTC transaction fees: These can vary significantly based on network congestion. During peak times, fees can be several dollars or even tens of dollars. Using the Lightning Network if applicable can drastically reduce these fees, often to a few cents. On-chain BTC withdrawals from exchanges typically incur a flat fee, which can be around $1-$5 USD, regardless of the amount.
- Withdrawal Fees Exchange to Bank: If you opt to convert BTC to fiat directly on the exchange and then withdraw to your bank, there might be fiat withdrawal fees. These can range from a few dollars to a percentage of the amount, depending on the exchange and the withdrawal method e.g., ACH vs. wire transfer.
- Strike Cash-Out Fees: Strike itself is known for offering zero fees on standard ACH withdrawals to linked bank accounts in the US. This is one of its major advantages. Instant withdrawals might incur a small fee in some cases, but generally, their fee structure for cashing out is highly competitive.
- Conversion Rates/Spreads: Beyond explicit fees, consider the “spread” – the difference between the buy and sell price of an asset. Exchanges with lower liquidity might have wider spreads, meaning you get slightly less when selling.
- Transaction Timing:
- ADA to Exchange: Cardano transactions typically confirm within a few minutes e.g., 5-10 minutes.
- Exchange Trading: Market orders are near-instantaneous. Limit orders depend on market conditions.
- BTC to Strike: On-chain BTC transfers can take 10 minutes to an hour or more, depending on network congestion and the number of confirmations required by Strike. Lightning Network transfers are usually instant.
- Strike to Bank: Strike’s withdrawals to linked bank accounts can be very fast, often within minutes for eligible accounts via instant payment rails if available in your region, or 1-3 business days for standard ACH transfers. Wire transfers are typically same-day for business hours.
By understanding these cost and time factors, you can make informed decisions to optimize your conversion process, aiming for the most efficient and cost-effective path.
Legal and Regulatory Considerations for Crypto Conversions
Governments globally are increasingly scrutinizing crypto activities to combat money laundering, terrorist financing, and tax evasion.
- Know Your Customer KYC and Anti-Money Laundering AML: Reputable exchanges and platforms like Strike are legally obligated to implement KYC and AML procedures. This means you will need to provide personal identification documents e.g., government ID, proof of address to verify your identity. This process is standard for preventing illicit financial activities. If a platform allows large conversions without KYC, it’s a major red flag and should be avoided.
- Tax Implications: In many jurisdictions, converting cryptocurrency to fiat or even trading one crypto for another is considered a taxable event.
- Capital Gains Tax: If you sell your ADA or BTC for a profit i.e., the sale price is higher than your original purchase price, you may be subject to capital gains tax. The tax rate often depends on whether you held the asset for a “short-term” typically less than a year or “long-term” typically more than a year, with long-term gains often taxed at a lower rate.
- Record Keeping: It is imperative to keep meticulous records of all your crypto transactions, including purchase dates, prices, sale dates, prices, and any associated fees. This will be essential for accurate tax reporting. Many crypto tax software solutions can assist with this.
- Jurisdictional Differences: Crypto regulations vary significantly by country and even by state/province within a country. What is permissible in one region might be restricted in another. For example, some exchanges may not operate in certain US states due to local licensing requirements. Always ensure the platforms you use are legally permitted to operate in your jurisdiction.
- Reporting Requirements: Financial institutions and crypto exchanges may have reporting obligations to government bodies for large transactions. For instance, in the US, transactions exceeding certain thresholds may need to be reported to the IRS.
Ignoring legal and tax obligations can lead to severe penalties, including fines and imprisonment.
As a professional, understanding and complying with these regulations is not just advisable, but mandatory. Binance how to convert Cardano to usdt
Consult with a tax professional specializing in cryptocurrency to ensure full compliance with the laws in your specific region.
Exploring Halal Alternatives to Speculative Crypto Trading
While the technical process of converting Cardano to cash on platforms like Strike is feasible, it’s essential to address the broader context from an Islamic perspective.
The permissibility of cryptocurrencies in Islam is a nuanced and debated topic among scholars. Key concerns often revolve around:
- Gharar Uncertainty/Excessive Risk: Many cryptocurrencies are highly volatile, making them speculative assets rather than stable mediums of exchange or stores of value. This extreme price fluctuation can introduce elements of excessive uncertainty that are discouraged in Islamic finance.
- Maisir Gambling: The speculative nature of day trading or short-term crypto investments can resemble gambling, where significant gains or losses are made based on pure chance and market speculation, rather than productive economic activity or genuine trade.
- Riba Interest: While cryptocurrencies themselves aren’t interest-bearing, their use in interest-based lending/borrowing protocols DeFi or even margin trading can involve Riba, which is strictly prohibited.
- Underlying Utility: Some scholars look at the actual utility of a cryptocurrency. While Bitcoin aims to be a decentralized medium of exchange, and Cardano focuses on smart contracts and decentralized applications, if their primary use case for many users remains speculative investment, concerns arise.
Discouragement of Speculative Trading:
As a Muslim professional, it’s important to advise against engaging in highly speculative crypto trading, which often leads to financial instability and can foster a mindset contrary to Islamic principles of ethical wealth accumulation. How to transfer Cardano from venmo to paypal
Instead of chasing quick, volatile gains, consider approaches that align with Islamic finance:
- Focus on Real Assets and Ethical Investments:
- Halal Stocks: Invest in companies whose primary business activities are permissible in Islam e.g., technology, healthcare, real estate, consumer goods, agriculture, manufacturing and that meet specific financial screening criteria e.g., low debt-to-equity ratio, no interest-based income, no involvement in prohibited industries like alcohol, gambling, arms, or adult entertainment. Platforms like Wahed Invest or Amana Mutual Funds specialize in Sharia-compliant portfolios.
- Real Estate: Investing in tangible assets like property, which provides rental income or capital appreciation from genuine economic growth, is highly encouraged.
- Halal Fixed Income/Sukuk: Explore Sukuk Islamic bonds, which are asset-backed or project-based financial certificates designed to comply with Sharia, offering returns without Riba.
- Ethical Businesses/Entrepreneurship: Invest in or start businesses that provide beneficial goods or services, generate employment, and contribute positively to society, operating on principles of honest trade and fair practices.
- Zakat-Eligible Investments: Prioritize investments that contribute to your Zakat obligations, as wealth accumulation in Islam is not just for personal gain but also for social welfare.
- Education and Skill Development: Invest in yourself through education and skill development, which are invaluable assets that provide long-term, stable returns.
- Saving for Productive Purposes: Encourage saving for essential needs, education, marriage, and starting a permissible business, rather than for speculative ventures.
- Gold and Silver: Historically, gold and silver have been considered stable stores of value and are permissible assets in Islam. They can serve as a hedge against inflation and economic uncertainty.
While the technical steps for converting crypto are available, it’s crucial to weigh the underlying permissibility and align financial activities with Islamic teachings.
Focusing on genuine productive investments and avoiding excessive risk and speculation promotes not only financial stability but also spiritual well-being.
Frequently Asked Questions
Is Strike a cryptocurrency exchange?
No, Strike is primarily a fiat-to-Bitcoin on/off ramp and a payment application built on the Bitcoin Lightning Network.
It allows users to buy, sell, and send Bitcoin and fiat currency, but it does not support a wide range of altcoins like Cardano ADA. How to transfer Cardano from venmo to another wallet
Can I directly send Cardano ADA to my Strike account?
No, you cannot directly send Cardano ADA to your Strike account.
Strike only supports Bitcoin BTC for cryptocurrency deposits.
You will need to convert your ADA to BTC on a separate cryptocurrency exchange first.
What cryptocurrency exchanges support Cardano ADA?
Many major cryptocurrency exchanges support Cardano ADA, including Binance, Coinbase, Kraken, KuCoin, Gate.io, and Crypto.com.
How to convert Cardano to usdt on crypto.com
Always verify that the exchange operates in your jurisdiction and has a strong security reputation.
How do I convert ADA to Bitcoin BTC?
To convert ADA to BTC, you need to deposit your ADA into a cryptocurrency exchange that lists both ADA and BTC.
Once your ADA is on the exchange, you can use the trading pair e.g., ADA/BTC to sell your ADA and receive BTC in return.
Are there fees for converting ADA to BTC on an exchange?
Yes, cryptocurrency exchanges typically charge trading fees when you convert one cryptocurrency to another.
These fees usually range from 0.1% to 0.5% of the transaction value, depending on the exchange and your trading volume. How to transfer Cardano to wealthsimple
How long does it take to convert ADA to BTC?
The conversion process itself is almost instant once your order is placed especially with a market order. However, the overall time includes depositing ADA to the exchange 5-10 minutes and then withdrawing BTC from the exchange to Strike 10 minutes to an hour for on-chain BTC, or near-instant for Lightning Network.
Is it safe to transfer crypto between exchanges and Strike?
Yes, it is generally safe if you follow best practices.
Always enable Two-Factor Authentication 2FA, use strong, unique passwords, double-check all wallet addresses, and be wary of phishing scams.
Sending crypto to an incorrect address is irreversible.
What are the fees for sending Bitcoin from an exchange to Strike?
When sending Bitcoin from an exchange to Strike, you will typically incur a Bitcoin network fee paid to miners and potentially a small withdrawal fee charged by the exchange. How to convert nft to Cardano
These fees vary based on network congestion and the exchange’s policy.
Strike itself generally doesn’t charge for receiving BTC.
How quickly can I cash out from Strike to my bank account?
Strike is known for its fast fiat withdrawals.
Depending on your bank and location, withdrawals to a linked bank account can be instant via same-day payment networks, or take 1-3 business days via standard ACH transfers.
Do I need to verify my identity on Strike?
Yes, Strike, like all regulated financial platforms, requires users to complete Know Your Customer KYC verification. How to convert your money to Cardano
This typically involves providing a government-issued ID and sometimes proof of address.
What are the tax implications of converting crypto to cash?
In many countries, converting cryptocurrency to cash or even trading one crypto for another is considered a taxable event.
You may be subject to capital gains tax on any profits realized from the sale.
It’s crucial to keep detailed records and consult with a tax professional.
Can I use Strike if I’m not in the US?
Strike’s availability varies by region. How to convert crypto to Cardano on trust wallet
While it started in the US, it has expanded to some other countries.
You should check the official Strike website or app to see if their services are available in your specific country.
What if I send ADA to a BTC address on Strike by mistake?
If you send Cardano ADA to a Bitcoin BTC address on Strike or any other platform, your funds will likely be lost and unrecoverable.
Blockchain transactions are irreversible, and incompatible asset transfers cannot be processed. Always double-check the asset type and address.
Is Cardano a Sharia-compliant investment?
The Sharia compliance of cryptocurrencies like Cardano is a complex and debated topic among Islamic scholars. How to convert Cardano to solana
Concerns often revolve around volatility Gharar, speculation Maisir, and the underlying utility.
It’s crucial to research and consult with knowledgeable Islamic finance scholars or institutions for a definitive answer for your specific situation.
What are some Sharia-compliant alternatives to speculative crypto trading?
Instead of speculative crypto trading, Sharia-compliant alternatives include investing in halal stocks companies with permissible business activities and financial ratios, real estate, Sukuk Islamic bonds, ethical businesses, and traditional gold and silver.
Can I deposit other cryptocurrencies besides Bitcoin into Strike?
No, as of early 2024, Strike primarily supports Bitcoin BTC deposits and conversions to fiat.
It does not support direct deposits of other cryptocurrencies like Ethereum ETH, Ripple XRP, or Solana SOL. How to transfer Cardano to your bank account
What is the Bitcoin Lightning Network and how does it relate to Strike?
The Bitcoin Lightning Network is a “Layer 2” payment protocol built on top of the Bitcoin blockchain.
It enables faster and cheaper Bitcoin transactions than the main blockchain.
Strike heavily utilizes the Lightning Network to facilitate instant, low-cost Bitcoin payments and conversions.
Are there daily withdrawal limits on Strike?
Yes, Strike typically has daily, weekly, and monthly limits for deposits, withdrawals, and spending.
These limits vary based on your verification level and jurisdiction.
You can usually find these limits detailed within the Strike app’s settings or FAQ section.
What information do I need to link my bank account to Strike?
To link your bank account to Strike, you will typically need your bank’s routing number and your bank account number.
Strike may use third-party services for instant bank verification.
What if I encounter issues during the conversion process?
If you face issues, first contact the customer support of the platform where the problem occurred e.g., your cryptocurrency exchange for trading issues, or Strike for withdrawal problems. Have your transaction IDs and relevant details ready to provide. Always be cautious of support scams.
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