Robinhood vs Strike: Which is Best? [2025]
Key differences
- Robinhood supports 20+ coins, Strike supports only BTC and USDT.
- Strike has higher fees for one-time purchases, but lower fees for recurring buys.
- Strike charges just 0.15% for recurring buys, Robinhood charges 0.55%.
- Robinhood is USA-only, Strike is available in 65+ countries.
Robinhood vs Strike Fees Calculator
We built this fee calculator to help you compare the fees of Robinhood and Strike.
Enter the amount you want to buy and we'll show you the estimated fees for each exchange.
Robinhood vs Strike in Comparison
Description
Popular and well-known exchange based in the USA. Buy & trade with ACH transfers. Also offers U.S. Bitcoin ETFs like IBIT and FBTC.
Fast, secure US-based exchange with high limits.
Supported Countries
Only available in the United States, US Virgin Islands, Puerto Rico, and District of Columbia. Licensed by FinCEN and regulated as a broker-dealer by the SEC.
Available in 65+ countries including United States, El Salvador, Argentina, Costa Rica, Philippines and more. Send Globally feature available in 12+ countries.
Supported Cryptocurrencies
Over 20 cryptocurrencies available for trading including BTC, ETH, DOGE, SHIB, SOL, ADA, AVAX, LINK, XRP, LTC, BCH, COMP, AAVE, UNI, XLM and more.
Bitcoin (BTC) on-chain and Lightning, USDT
Fees
- Features:
- No commission crypto trading
- Minimum purchase of $1
- Instant deposits up to $1,000 (Instant account)
- Instant deposits up to Gold tier amount (Gold account)
- 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
ACH, Debit Card, Bank Account, Wire Transfer
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: 4.2 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
Cryptocurrencies are stored using a combination of cold (offline) and hot (online) storage, with the majority held in cold storage for enhanced security. Users can withdraw cryptocurrencies to their own wallets. The platform employs industry-leading security measures and regular audits. Crypto assets are not FDIC insured or protected by SIPC.
Industry standard security measures including 2FA authentication. Non-custodial Lightning payments. Registered and regulated Money Services Business (MSB).
Have These Exchanges Been Hacked Before?
No. However, in November 2021, Robinhood reported a data breach affecting approximately 7 million customers. Prior to this, in July 2019, the company admitted to storing some users' passwords in plaintext. The company has also acknowledged occasional small-scale account compromises.
No publicly reported security incidents
Official Site
Exchange Review
"Good app! Relatively new to the crypto world, I've tried about 8-9 different wallets and Robinhood has been my favorite so far. Their interface is outstanding; you're able to see Live market data for current crypto prices; you can view returns by total returns or 24 hours, either by dollar amount or percentage. The buying process is instantaneous. The only improvement I'd like to see is hopefully they will adopt ALL ISO20022 compliant crypto. 🚀 💯"
- 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
Robinhood vs Strike Comparison
Fee Structures
Robinhood offers a flat 0.55% spread on all Bitcoin purchases with no added fees, including 0% debit card fees. Strike uses a tiered fee structure: 0.99% for under $250, 0.95% for $250-$2,000, 0.89% for $2,000-$5,000, 0.79% for $5,000-$50,000, 0.69% for $50,000-$500,000, 0.59% for $500,000-$5,000,000, 0.49% for $5,000,000-$15,000,000, and 0.39% for over $15,000,000. Bank transfers are free, but debit card deposits incur a ~2% fee.
Feature Set
Robinhood stands out with Bitcoin ETF support and advanced trading features like margin and alerts. Strike offers Lightning Network support and non-custodial payments, but no ETF or margin trading capabilities.
Geographic Availability
Robinhood is only available in the USA, while Strike is available in 65+ countries including the U.S., El Salvador, Argentina, and more.
Payment Methods
Robinhood: ACH, Debit Card, Bank Account, Wire Transfer
Strike: ACH, Debit Card, Wire Transfer
Security Features
Robinhood: Cold/hot storage, FDIC/SIPC equivalent coverage
Strike: 2FA, Lightning non-custodial payments
User Interface
Robinhood: Advanced charts, alerts, fractional shares
Strike: Simple, minimalist design
Customer Support
Robinhood: Limited, some complaints
Strike: Responsive, good reviews
Regulatory Compliance
Robinhood: FinCEN, SEC, SIPC
Strike: FinCEN MSB
Additional Features
Robinhood: ETFs, IRA match, margin, alerts
Strike: Global remittance, Lightning support
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