Strike vs Finst: testing low-fee Bitcoin DCA in Europe

For years I’ve been reading positive things about Strike by Jack Mallers, especially because you can apparently buy Bitcoin with very low fees (and even fee-free options depending on how you use it). I’ve tried Strike on and off in the past with mixed results, but now I want to properly test it.

I’m comparing it against Finst, a Dutch exchange that currently offers some of the lowest Bitcoin buying fees in Europe (around 0.15%). Over a long period of DCA, small fee differences can really add up.

My Bitcoin journey started years ago on Coinbase. Looking back, the fees there were pretty painful, with large spreads and transaction costs. One thing I did like about Coinbase at the time was the occasional free crypto rewards, but eventually I moved on.

After Coinbase, I switched to Bitvavo, which is one of Europe’s largest exchanges by trading volume. Their fees are around 0.25%, which was already a big improvement.

Currently I use Finst, but because I keep seeing so many positive experiences with Strike, I decided to test it myself instead of just relying on other people’s opinions.

I created a spreadsheet where I’ll compare my weekly DCA purchases.

My setup:
- €100 Bitcoin DCA every Friday
- Compare Strike vs Finst
- Track the actual amount of BTC received and the total costs

My first purchase was last Friday (July 10). At the moment I received slightly less BTC on Strike compared to Finst, which is expected because of the higher costs/spread on the first transaction. But the interesting part will be how this develops over several weeks and months.

One thing I already like about Strike: it’s Bitcoin-only. No altcoins, no distractions, just Bitcoin.

I’ll keep updating this thread with the results. Curious to hear from others in Europe: what platform are you using for your Bitcoin DCA, and why?

Disclaimers: Not sponsored by Strike, Finst, or anyone else. I’m just a Dutch guy who likes comparing fees a little too much. ????????

Bitcoin is risky. Only invest what you can afford to lose.