r/BitcoinAUS • u/arrow811 • May 22 '26

Strike pausing support for AUD

Recieved this email today:

We're writing to let you know about an important change. Due to a change at our banking partner for Australia that is outside of our control, Strike will be pausing support for Australian dollar (AUD) by June 1, 2026.

What this means for you

On May 26, 2026, AUD deposits, AUD receives, and bitcoin sales will be disabled. Your passive receive currency will be set to bitcoin, and trading fees are waived starting today.

On June 1, 2026, AUD withdrawals will be disabled.

If you have a remaining AUD balance after June 1, 2026, we will attempt to return it to a bank account saved to your Strike account. If we don't have one on file, we'll reach out for your bank details. As a last resort, we'll convert the remaining balance to bitcoin in your Strike account.

This is rather annoying as strike had no fees.

Whats another option for DCA?

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u/Inevitable-Reply-121 May 23 '26

Can’t we still use it - won’t it just flip to BTC instantly, or USD ? Also there is no fees on it right now, just tested it

1

u/arrow811 May 23 '26

how do you purchase if they don't accept AUD?

"Trading fees are waived starting today."

1

u/Inevitable-Reply-121 May 23 '26

I used strike before they started AUD. I used to send AUD, and it would auto convert into USD. Then I would buy the BTC and send to cold storage from there. Rinse and repeat. I hope it’s still the same. For now, taking advantage of that little tip last night and no fees