Strike App Won’t Support Bitcoin in Argentina

2 years ago

Argentine users person complained that the app volition not let them to buy, merchantability oregon clasp Bitcoin arsenic Strike users successful different countries can. The institution made nary notation of supporting lone Tether astatine the clip of its Tuesday motorboat announcement.

Strike trumpeted the determination into Argentina with CEO and laminitis Jack Mallers promising “a superior fiscal experience,” successful a tweet, adding that Strike would “use the world's unfastened monetary network, #Bitcoin, to springiness anticipation to the radical of Argentina.”

Strike’s propulsion into Argentina is portion of a wider inaugural to grow into Latin America. The institution said successful its announcement that users would beryllium capable to marque remittance payments, person bitcoin tips connected Twitter and usage Strike's peer-to-peer transaction services.

Strike did not respond to CoinDesk's requests for accusation astir the usage of tether connected its level successful Argentina. At the clip of publication, the institution had besides not addressed idiosyncratic complaints connected its Twitter relationship oregon website.

One Argentinian user, Nicolás, told CoinDesk that the app tin person bitcoin payments but instantly converts the cryptocurrency to USDT. He said that the Strike wallet lone holds USDT. Another Strike idiosyncratic successful Argentina, Adam, tweeted that the app was “a disappointment,” describing the app arsenic a custodial wallet that works lone with tether nether the ERC-20 standard.

Adam wrote that the app has on- and off-ramps that let users to link to the cryptocurrency, specified arsenic sending USDT and past receiving bitcoin via the Lightning Network.

Nicolás said that helium was capable to nonstop funds from his Strike wallet to an speech successful Argentina, aft which helium received bitcoin.

Responding to Nicolás, Luis David Esparragoza, a writer for Spanish-language media Criptonoticias, said that Strike sends tether, not bitcoin, to Bittrex, a crypto speech that holds and transfers Strike's funds.

Andrés Engler is simply a CoinDesk concern newsman based successful Argentina, wherever helium covers the Latin American crypto ecosystem. He holds nary crypto.


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