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Coinmama vs Strike

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-12

A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

Strike4.6Bitcoin-only

Lightning-native app for buying bitcoin and sending it anywhere instantly, with no added fee on transfers.

Verdict: Strike

Strike rates higher on our rubric: 4.6 against 3.9 for Coinmama.

Criterion
Editorial rating
Coinmama
3.9
Strike
4.6

Coinmama and Strike, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinmama and Strike compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinmamaStrike
Editorial rating3.94.6 (favoured on this row)
Published feesCommission plus card surchargeFee shown before you confirm
Maker feeNot publishedNot published
Taker feeNot publishedNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoYes
Payment rails supported344
Countries ranked in1442
Ranks first in231
Countries shared11
Security recordNo record on file8 dated events, 1 incident, latest 2026-06-30
Founded2013Not stated
HeadquartersVancouver, Canada (Wellfield Technologies)Chicago, Illinois, US
Last reviewed2026-08-122026-08-12

Where both Coinmama and Strike are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinmama and Strike, with each platform's position in that guide.
CountryStatusCoinmama ranksStrike ranksComparison
El SalvadorLegal#3#1

Security records of the exchanges ranked in this comparison

Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. 1 of the 2 carry no dated record on our reviews yet.

Strike8 events

  1. 2026-06-30Licence

    Strike Europe authorised under MiCA by the Maltese regulator

  2. 2026-03-05Licence

    NYDFS granted Strike a BitLicense and a money transmitter licence

  3. 2025-06-18Resolved

    Withdrawals can now be locked behind passkey or hardware key 2FA

The full record, with sources, in the Strike review

Frequently asked questions

Is Coinmama or Strike better?

Strike rates higher on our rubric: 4.6 against 3.9 for Coinmama. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinmama or Strike?

Coinmama: Commission plus card surcharge. Strike: Fee shown before you confirm. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinmama and Strike?

Both are ranked in our guides for El Salvador. Coinmama is ranked in 144 countries in all and Strike in 2; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinmama or Strike had a security incident?

Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. Strike carries 1 incident among 8 dated events, the latest on 2023-10-30: Customer email list leaked, denied by Strike, then admitted. Both reviews list every event with its source.

Do Coinmama and Strike require ID verification?

Coinmama: required; identity verification is required before your first purchase.. Strike: required; identity verification is required to use the app; requirements vary by country..

The full reviews: Coinmama and Strike, each with its sources, and every exchange we review.

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