Strike is shooting a shot across the bows of Coinbase, Square's Cash App, PayPal, and other incumbents by allowing its U.S. users to purchase and sell bitcoin for nearly no costs.
Strike, a Chicago-based firm best known for assisting El Salvador in adopting bitcoin (BTC, -0.8%), announced on Thursday that it will only charge roughly 0.3 percent for brokering BTC trades in the 48 states and other US jurisdictions where it operates.
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