Categories: Bitcoin Latest News

Strike Enables Bitcoin Spending on Everyday Items with Bitrefill Integration

Lightning payments app Strike has introduced a new feature that enables its users to utilize their bitcoin for everyday necessities. This comes after the platform partnered with Bitrefill to bring more practical functions to its service offerings.

The notable advancement through this integration is the ability for users to purchase gift cards using their bitcoin holdings. This means Strike app users can shop at many of their preferred stores, acquire subscriptions for streaming platforms, and conduct various online transactions. Essentially, the feature lets users spend their bitcoin for tangible goods and services that can be enjoyed in the real world.

Another significant addition through this integration is the capability to recharge mobile phones. Users in need of topping up their mobile credits or assisting someone else can now use their bitcoin for such purposes. The functionality encompasses payments for calls, sending text messages, or browsing the internet, provided it’s supported by the user’s mobile service provider.

Additionally, the integration sheds light on the advantages of the Lightning Network, a technology also embraced by Bitrefill. The Lightning Network stands out for its capacity to facilitate bitcoin transactions with minimal fees coupled with extremely swift confirmation times. Lightning is a pivotal evolution in the world of digital transactions, given its efficiency and speed while being ultimately settled on bitcoin.

For users eager to explore the new feature, the process is straightforward. Upon accessing the Strike app, one simply selects the “Shop with Lightning” option. They can then either choose products or input a phone number, depending on their need. Once the amount is inputted, payment can be made either with traditional cash or bitcoin. A final confirmation completes the transaction.

The collaboration between Strike and Bitrefill has broken new grounds by amplifying the usability of bitcoin in daily life. This move is not just a testament to the growing versatility of bitcoin but also signifies a step forward in making BTC a practical choice for the masses.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

BlackRock’s bitcoin fund hits $10 billion volume record, hinting at peak selling

Record volume, redemptions and pronounced tilt toward put options points to institutional capitulation.Read MoreCoinDesk: Bitcoin,…

35 minutes ago

Bitcoin miner MARA moves $87 million BTC to various trading desks and exchanges: Arkham

The largest transfers went to credit and trading firm Two Prime, which received more than…

2 hours ago

XRP Social Sentiment Still Bullish While Bitcoin Mood Sours

Data shows social media users are still optimistic about XRP even as sentiment around Bitcoin…

2 hours ago

Bitcoin surges back above $65,000 after $700 million wipeout in Asia whipsaw

BTC fell as much as 4.8% to around $60,033 during late U.S. hours, before snapping…

3 hours ago

U.S.-Iran warning resurfaces ahead of nuclear talks, further pressuring bitcoin and crypto markets

Post ContentRead MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

3 hours ago

Bitcoin ‘volatility fear gauge’ hits FTX-blowup peak as prices crater to nearly $60,000

Bitcoin's volatility gauge, the BVIV, spiked to nearly 100%, its highest level since the 2022…

3 hours ago