Peach vs Strike

Peach Bitcoin is a mobile-only peer-to-peer platform for buying and selling Bitcoin. It stands out with its non-custodial model, using multi-signature escrow to secure trades without holding user funds, shifting trust to individual traders, and offering KYC-free (Know Your Customer) transactions up to 1,000 CHF daily, emphasizing privacy.

Users must build trust through reviews and completed trades to unlock higher transaction limits. It supports over 100 payment methods, including cash and gift cards, with a 2% fee for buyers and free selling.

Peach's mission is to make peer-to-peer Bitcoin trading the standard, promoting financial freedom, with plans to enhance Lightning Network support and expand globally, especially in Latin America and Africa. The vision is to offer a private, on‑the‑go way to trade Bitcoin without heavy identity requirements, making it attractive to beginners who want control and privacy without overcomplicating the process. Beginners love its privacy and ease, but some find the mobile-only platform limiting.

Strike is a custodial bitcoin app focused on fast buys and cash like payments. The mobile interface puts bank, card, and direct deposit funding beside instant Lightning withdrawals, so you can move from fiat to bitcoin and back with minimal steps.

Funding options cover fee-free ACH, debit cards with a small processor fee, and same day wires. ACH deposits trade instantly yet stay pending for roughly five business days before you can withdraw, while wires settle in about one business day and debit card purchases clear immediately.

Recurring purchases waive the Strike fee after the first cycle, and optional auto-withdrawals move your balance to self custody once it reaches the threshold you set. Customer prompts inside the app highlight fee tiers, settlement speed, and the 12 hour cancel window Strike gives you before broadcasting auto-withdrawals.