Simplex vs Strike

Simplex3.7/5

VS

Strike4.1/5

Feature	SimplexVisit	StrikeVisit
Ratings
Our score	3.7/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	2.5	4.5
Coverage	4.5	4.0
Payment methods	4.5	4.0
Ease of use	3.5	4.5
Support	3.5	3.5
Specs
Service	On-ramp, Off-ramp, Widget / API	On-ramp, Off-ramp, Widget / API
Payment methods	Card, Bank transfer, Apple Pay, Google Pay, SEPA, ACH, PIX	Card, Bank transfer, SEPA, ACH
Typical fee	3.5% to 5% of the transaction value, with a minimum fee of US$10 for card purchases; network fees and partner spreads may also apply.	Fee-free recurring purchases, free on-chain withdrawals
Countries	190	100
Assets	200	1
Minimum purchase	Not disclosed	$1
Developer widget / API	Yes	Yes
Sell to fiat (off-ramp)	Yes	Yes
Apple Pay	Yes	Not disclosed
Max purchase	Not disclosed	$2,500,000
Delivery time	Instant fiat-to-crypto conversion	Instant
Company
Founded	2014	2019
Headquarters	Israel	United States
Investors	Not disclosed	Ten31, University of Wyoming, Washington University in St. Louis
Strengths and weaknesses
Pros	Supports 200+ cryptocurrencies and 100+ fiat currencies Offers cards, bank transfers and local payment methods Reaches 245+ global markets through partner platforms Provides widget and API integrations for businesses	Fee-free recurring Bitcoin purchases with no platform commission Zero-fee onchain withdrawals directly to self-custody cold wallets Instant settlement across the Lightning Network Supports large purchases up to €2.5 million per order
Cons	Card processing costs 3.5% to 5%, with a US$10 minimum Network fees and partner spreads can increase total purchase costs Asset and payment availability varies by location and partner Transactions depend on banking partners and card-network approval	Only supports Bitcoin, with zero alternative cryptocurrencies or stablecoins Full identity verification (KYC) is required to access fiat transfers Spreads are incorporated into single spot purchases Custodial account setup introduces platform counterparty risk
Best for	Exchange and wallet integrations, Card-based crypto purchases, Businesses needing chargeback protection	Bitcoin dollar-cost averaging, Lightning Network payment rails, Large-volume Bitcoin buyers

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