By Nermeen Nabil Khear 
Strike is making it easier than ever for people to take control of their Bitcoin with a new feature: BTC Auto-Withdrawals
This feature allows users to automatically transfer their Bitcoin to their wallet without lifting a finger. Best of all, it’s free.
What Is Bitcoin Auto-Withdrawal?
Think of Bitcoin Auto-Withdrawal as an “auto-pilot” for your Bitcoin. Instead of going through a process every time you want to move your Bitcoin, you can now set up automatic withdrawals. Once you choose how much you’d like to transfer, Strike will send that BTC straight to your wallet within 24 hours.
This means you don’t have to worry about missing a transfer or waiting around for your BTC to arrive.
Introducing Bitcoin Auto-Withdrawals
Automatically withdraw #bitcoin to self-custody securely and for free!
Simply set your desired amount, and your stack will be automatically transferred to your #Bitcoin address within 24 hours.
Not your keys, not your coins
https://t.co/voC3dxv9pp pic.twitter.com/tykN7NxcVI
— Strike (@Strike) November 5, 2024
Why Use Bitcoin Auto-Withdrawals?
Imagine you’re stacking up BTC bit by bit, just like putting a few dollars into your piggy bank each week. With BTC Auto-Withdrawals, you can make sure all those little bits of Bitcoin get moved straight to your wallet without any extra hassle. Strike calls it a “no-fee DCA” — or Dollar Cost Averaging.
In simpler terms, it’s an easy way to keep adding to your BTC stash over time. Without extra fees eating into your savings. Not only are there no fees for these automated transfers, but you also get free on-chain withdrawals. This means that Strike isn’t charging you anything to move your Bitcoin to your wallet.
How to Set Up Bitcoin Auto-Withdrawals
Getting started is as easy as pie. Just follow these steps:
- Open Strike: Head over to the Strike app and go to your account settings.
- Choose Your Amount: Decide how much BTC you want to automatically transfer.
- Enter Your Bitcoin Address: This is where your BTC will be sent, so double-check it’s correct!
- Start Auto-Withdrawal: Once you hit “start,” Strike will take care of the rest.
Hey Bitcoiners! Let’s imagine a world where we’re working on #bitcoin auto-withdrawals…
Do you think about withdrawing bitcoin in terms of sats or fiat? What experience would you prefer?
Love you, thank you, and excited to give you new awesome #Bitcoin experiences soon
— Strike (@Strike) September 11, 2024
Within 24 hours, your BTC will be on its way to your wallet, free of charge. You can set it up once, and it will continue until you change it.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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