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Strike Is Becoming More & More Like an Underwhelming Ordinary Exchange

Bitcoin Reddit

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I guess the "free ride" with Strike is over.

In the last few months they have:

  1. Started charging a credit card/debit card fee for funding your account.
  2. Started charging a miner's fee for fast, on-chain withdrawals. (Although currently low-priority withdrawals are still free.)
  3. Have recently started holding Bitcoin until funds settle. (They used to allow instant withdrawal.)
  4. Stopped sending a confirmation email with each purchase.

I understand they got people hooked with eating a lot of fees and they couldn't do that forever, but it feels like they have joined The League of Ordinary Gentlemen.

My biggest gripe with them is they make these changes with NO advanced communication. Getting a bit frustrated with them... ????

EDIT: I understand that charging for credit card fees is reasonable, but dumping the fees on your customers without prior notice is NOT.

Also, Strike has high spot buy slippage and if they're going to be as expensive as other exchanges then I want an app with more advanced tools like limit orders and better app security like two-factor authentication with an authenticator app.

submitted by /u/escodelrio
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