Fold vs Strike: Which is Best? [2025]
Key differences
- Fold offers 0% fees for Fold+ members, while Strike uses a tiered fee model.
- Strike supports global payments and Lightning, while Fold is available in the U.S. except for New York and Arkansas.
- Fold rewards users with sats back on purchases; Strike does not offer rewards.
- Strike supports USDT in addition to BTC; Fold only supports BTC.
Fold vs Strike Fees Calculator
We built this fee calculator to help you compare the fees of Fold and Strike.
Enter the amount you want to buy and we'll show you the estimated fees for each exchange.
Fold vs Strike in Comparison
Description
Fold tries to make buying bitcoin simple. 1.5% fees for buying bitcoin for non-members, 0% for Fold+ members ($100 per year membership fee).
Fast, secure US-based exchange with high limits.
Supported Countries
1 (United States)
Available in 65+ countries including United States, El Salvador, Argentina, Costa Rica, Philippines and more. Send Globally feature available in 12+ countries.
Supported Cryptocurrencies
BTC
Bitcoin (BTC) on-chain and Lightning, USDT
Fees
- Fold+ Plan Fees:
- Buy BTC: 0%
- Auto-Stack: 0%
- Round-Ups: 0%
- Direct Deposit: 0%
- Sell to Card: 0%
- Spread: 0.88%
- On-chain Withdrawals: Network fee
- Free Plan Fees:
- Buy BTC: 0.95%
- Auto-Stack: 1.0%
- Round-Ups: 1.0%
- Direct Deposit: 1.0%
- Sell to Card: 1.0%
- Spread: 0.88%
- On-chain Withdrawals: Network fee
- Trading Fees:
- Under $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%
- Over $15,000,000: 0.39%
- Bank transfers: Free
- On-chain BTC withdrawals: Network fee
~2% debit card deposit fee.
Payment Methods
Debit CardACH TransferDirect DepositFold Card Round-UpsGift CardEmployer Payroll
Debit Card, ACH, and Wire Transfer
Do These Exchanges Allow you To Earn Interest on Crypto?
Mobile App Ratings
iOS Rating: 4.2 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 3.8 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.8 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
Storage
Bitcoin is stored in institutional-grade cold storage via Qualified Custodians (Fortress Trust and BitGo)
Industry standard security measures including 2FA authentication. Non-custodial Lightning payments. Registered and regulated Money Services Business (MSB).
Have These Exchanges Been Hacked Before?
None reported
No publicly reported security incidents
Official Site
Exchange Review
No review available
"Being a Foldie feels like the company actually wants to bless you—it's like they planned your birthday party and gave you the best surprises. You can't be sorry."
- Real user review from iOS App Store, Android Play Store or Trustpilot
No review available
"Love the hourly auto buy feature on this app. Invite some friends and go fee free. Auto buy for a week and go fee free. Otherwise fees are super low compared to everything else. Will never buy BTC on the other platforms again. Highly recommend."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Fold vs Strike Comparison
Fee Structures
Fold offers two plans: a free plan and a paid Fold+ plan ($100/year). Fold+ members enjoy 0% fees on all bitcoin purchases, auto-stacking, round-ups, direct deposits, and selling to card. Free users pay 1.5% for one-time purchases and 1.0% for auto-stack, round-ups, direct deposits, and selling to card. Both plans charge a spread of 0.88%.
Strike implements a tiered trading fee model. Users pay 0.99% for trades under $250, with decreasing fees for higher volume trades, down to 0.39% for trades over $15M. Strike charges no spread and offers free bank transfers. Debit card deposits have an additional ~2% fee. Users can get fee-free auto-buy for a week by inviting friends.
Feature Set
Fold offers:
- 0% fees for Fold+ members ($100/year)
- Auto-stack and Round-Ups via Fold Card
- Direct deposit bitcoin purchases
- Rewards in sats (bitcoin cashback)
- Institutional-grade cold storage
Strike offers:
- Tiered fee structure with potential for near-zero costs
- Hourly auto-buy feature
- Lightning Network support (non-custodial payments)
- USDT support
- Global transfer capabilities
- Free bank transfers
Geographic Availability
Fold is available in the United States, except for New York and Arkansas.
Strike is available in 65+ countries, including the U.S., El Salvador, Argentina, and more. Global sending is supported in 12+ countries.
Security Features
Fold uses institutional custody via Fortress Trust and BitGo (SEC Custody Rule compliant).
Strike implements 2FA, MSB licensed, and non-custodial Lightning payments.
Payment Methods
Fold supports:
- Debit Card
- ACH Transfer
- Direct Deposit
- Fold Card Round-Ups
- Gift Card
- Employer Payroll
Strike supports:
- Debit Card
- ACH
- Wire Transfer
Mobile Apps
Fold has mobile apps for both iOS (4.2/5 rating) and Android (3.8/5 rating).
Strike has mobile apps for both iOS (4.8/5 rating) and Android (4.6/5 rating).
Customer Support
Both exchanges offer in-app and email support.
Additional Features
Fold offers a unique rewards system with sats back on purchases and a Fold Card for round-ups.
Strike focuses on Lightning Network integration and global payment capabilities.
Conclusion
Fold is ideal for U.S.-based users who want a simple, rewards-driven experience with 0% fees through a paid membership. It's great for beginners who want to DCA or earn bitcoin on everyday spending.
Strike is better suited for global users, Lightning Network advocates, and those making large or frequent purchases. The tiered fee system and non-custodial options make it appealing for more advanced users.
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