Bitonic vs Strike

Bitonic is the oldest and largest Bitcoin-only broker in the Netherlands, founded in 2012, with a reputation for reliability and simplicity. They offer fast, automatic Bitcoin delivery via iDEAL, SEPA, and Bancontact, and their fully automated system ensures quick transfers.

It stands out with its direct purchase model, selling Bitcoin from its own stock for instant delivery and transparent pricing, avoiding third-party intermediaries. Bitonic offers buying, selling, and saving Bitcoin via iDEAL, SEPA, or Bancontact and provide an Auto Invest savings feature, allowing users to easily set up recurring Bitcoin purchases, (though only up to €250 | 271,023 sats) and a business solution for Bitcoin payments.

Its app, rated 4.5 stars on iOS, is praised for its clean, no-nonsense design, though some users report slow verification. The platform uses multi-signature cold storage for security and encourages self-custody with personal wallets.

Their vision focuses on making Bitcoin accessible and easy for Dutch and European users, backed by education through Bitonic Academy and news via Bitcoin.nl. Overall, Bitonic is ideal for beginners who want a reliable, no-altcoin platform in Europe, with fast transactions, clear pricing and a strong local support.

Strike's goal is to make worldwide payments in Bitcoin as easy as possible, it offers free on‑chain and Lightning withdrawals, making it flexible and cost‑effective to hold your Bitcoin in self-custody. Its recurring buy feature at no fee costs after the initial setup, makes DCA (dollar‑cost averaging) simple and efficient. Strike also functions as a Lightning wallet, enabling quick micropayments with features like unique payment links and cash-to-Bitcoin transfers, and offers responsive customer support praised by users.

Strike's vision goes beyond being merely another payment app. It aims to democratize financial access, reduce dependency on traditional banks, and promote financial sovereignty by empowering individuals to manage their money independently. Their user-friendly app interface, available on both iOS and Android, highlights simplicity and accessibility with a minimalistic design.

In the US, Strike now offers a powerful Bill Pay feature aiming to reduce reliance on fiat currency and combat inflation by leveraging Bitcoin's appreciating value, with automated tax reporting to simplify the process.

Another Strike feature is the Bitcoin‑backed loan that lets users pledge Bitcoin as collateral and borrow USD with no origination or early repayment fees. Loans can be repaid anytime without penalties.