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nostrich profile picture
Funding your strike fiat balance with ACH payment methods are slow..very slow.

Strike is protecting themselves from non-sufficient fund rejections 1-5 days after you initiate a fiat deposit.

I bet they were taking some losses from their very generous policy. Imagine this:

- user deposits $100 fiat over ACH to strike
- user immediately pays themselves $100 in btc over LN
- days later, users bank rejects the withdrawal
- strike lost $100 because they can’t claw back the btc
1
Bitcoin Jungle · 149w
I did ask Strike about plans to implement FedNow, which would support instant settlement for the fiat leg, they said they had no plans.