Strike vs Swan

Updated: October 2025

Quick take

Strike focuses more on self-custody and offers to live fully on Bitcoin. Swan is more focused on long-term investing while offering education and IRA products. Compare KYC posture, recurring features, Lightning usage, and app vs desktop needs.

Strike vs Swan — full comparison (Buy Bitcoin)
Platform	Exchange Exchange
Features	Free recurring buys Free withdrawals to self-custody Limited utility non-US users KYC required First $10.000 no fees Education focused Bitcoin retirement products US only Fees on recurring buys KYC required
Fees Processing fees	Based on monthly trading volume up to $250: 0.99% $250 - $2,000: 0.95% $2,000 - $5,000: 0.89% $5,000 - $50,000: 0.79% $50,000 - $500,000: 0.69% $500,000 - $5,000,000: 0.59% $5,000,000 - $15,000,000: 0.49% $15,000,000 and over: 0.39% up to $10,000: 0% $10,000 and up: 0.99%
DCA (Dollar Cost Averaging)	Yes: Recurring orders are free Yes: but with fees after the first $10.000
Payment Methods	Bank Transfer, Debit Card, Cash App Bank Transfer, Wire Transfer
Custody & Control	Custodial Custodial
KYC Required	Yes Yes
Open Source	No No
User Experience	0.0 out of 5 rate (0) 0.0 out of 5 rate (0)
Interface	Mobile only Mobile & Desktop
App Ratings	iOS: 4.8 Android: 4.5 iOS: 4.8 Android: 4.6
Profile Founder(s)	Jack Mallers Cory Klippsten
Company description	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-custod... 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 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. Swan Bitcoin, launched by Cory Klippsten and based in California, is a platform focused on making it easy for beginners to buy and save Bitcoin. Swan Bitcoin, launched by Cory Klippsten and based in California, is a platform focused on making it easy for beginners to buy and save Bitcoin. Swan Bitcoin, launched by Cory Klippsten and based in California, is a platform focused on making it easy for beginners to buy and save Bitcoin. What makes Swan distinct is its focus on self-custody support and education. It automatically withdraws BTC weekly to your own address and provides guides for self-custody, while also offering Swan Guard with fraud protection and identity verification tools. Swan prioritizes teaching users about Bitcoin's value for financial freedom. Swan also targets long-term savers by offering IRA products making Bitcoin tax-advantaged retirement savings easier. Swan offers zero-fee purchases on the first $10,000, a low 0.99% fee for recurring buys, and free withdrawals to personal wallets, encouraging self-custody. Its app is praised for its clean design and simple setup. However, some users report slow customer support and issues with account restrictions. Its vision is to onboard 10 million Bitcoin users by promoting Bitcoin as better money for a decentralized future.
Founded in	2020 2019
Website	strike.me swanbitcoin.com
Availability	Available globally Available in United States

FAQs

Which is better, Strike or Swan?

Strike focuses more on self-custody and offers to live fully on Bitcoin. Swan is more focused on long-term investing while offering education and IRA products.

Are recurring buys free on both?

Strike lists free recurring buys. Swan supports recurring buys with fees after the initial free threshold (first $10,000).

Which supports more countries?

Strike. Our data lists Strike with worldwide availability, while Swan is U.S.-focused.