Strike, an app solely dedicated to Bitcoin, has now launched its services in Europe due to high demand and increasing cryptocurrency prices in the region. CEO Jack Mallers announced plans to facilitate Bitcoin adoption across Europe by allowing users to purchase, sell, and send Bitcoin seamlessly.

According to Mallers, European users can now buy Bitcoin using bank accounts through uncapped Single Euro Payments Area (SEPA) deposits. The SEPA region covers 36 countries, including all European Union member states, four European Free Trade Association countries, and the United Kingdom.

Additionally, Strike users in Europe have the option to withdraw Bitcoin either into self-custody or through the Lightning network to any supported wallet. The app will also enable peer-to-peer transfers, allowing customers to conduct cross-border payments in Bitcoin, euros, U.S. dollars, or Tether's USDT in supported regions.

Jack Mallers, the CEO of Strike, expressed excitement about the expansion into Europe, emphasizing that this milestone is part of the app's ongoing global journey. He mentioned plans to enter new markets, support more currencies, add payment methods, and enhance the overall user experience.

Strike's entry into the European market aligns with the region's growing interest in Bitcoin and cryptocurrency-related services. Europe leads in Google searches for BTC technological upgrades and boasts a strong presence in the crypto-banking sector, with over 60 banks offering digital asset services.

Prior to its European expansion, Strike relocated its global headquarters to El Salvador last year, aiming to penetrate the Latin American market. The app also operates in the United States and across Africa, serving customers in more than 100 countries worldwide.

Jack Mallers, known for his strong support of Bitcoin, has confidently predicted that the cryptocurrency will reach $1 million, citing its fundamental design and global hyperinflation. He has publicly declared holding zero USD, showcasing his unwavering belief in Bitcoin's future.

In conclusion, Strike's expansion into Europe reflects the increasing demand for Bitcoin-related services in the region. With its user-friendly interface and innovative features, the app aims to simplify Bitcoin transactions and promote adoption across Europe and beyond.