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Strike CEO Jack Mallers admitted high fees for crypto purchase s with debit card but noted the firm is working to find a cheaper way. Bitcoin (BTC) payments firm Strike is rolling out its services globally, allowing users in 35+ countries to purchase BTC through its app with a debit card. Announcing Buy Bitcoin Globally Today, @Strike marches forward on its mission to democratize financial freedom around the world Our global users can now buy #bitcoin, cash out, shop, and more This is more than just an update; it’s a milestone! https://t.co/3IaYrWzkfY — Jack Mallers (@jackmallers) November 16, 2023 In a Medium announcement, Strike CEO Jack Mallers said the firm plans to launch the feature in 65+ countries where Strike is currently available. However, non-U.S. customers of Strike will have to pay a 3.9% fee on their buys. It is worth noting that the U.S. Strike does not charge fees for buying crypto. You might also like: Strike accused of alleged data breach Th...

Wirex first launched its crypto debit card in 2015 and currently claims over six million customers. Crypto payment service provider Wirex announced the launch of a zero-knowledge proofs -based non -custodial crypto debit card service called W-Pay. Wirex’s new decentralized solution utilizes Zero-Knowledge technology and is built on Polygon's Chain Development Kit (CDK), promising increased scalability and security. Polygon CDK has been built with ZK proofs in focus as it enables companies and users to build their own ZK-powered Layer 2 rail. ZK-proofs-based scalability solution has become quite popular in the crypto space as the zero-knowledge protocol allows one party to convince another party that something is true without disclosing anything other than the fact that the claim in question is true. Over time, Ethreum and the likes of Polygon have seen the most development related to ZK-proofs. W-Pay offers a range of ground-breaking features that enable non-custodial wallets ...