Onramp vs Strike
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Onramp vs Strike: What the Data Shows
Onramp (dedicated custody) and Strike (exchange and brokerage) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? Onramp scores 90/100 (A) versus 74/100 (B) for Strike. The 16-point spread is meaningful — it usually comes down to custody architecture and fee structure.
Where Each Platform Wins
Custody and security — the most heavily weighted category in our methodology at 35% — tilts 29 points toward Onramp (94 vs. 65). Onramp eliminates single points of failure in its custody architecture, while Strike relies on a model where one compromised entity could put your bitcoin at risk. Onramp's strongest advantage is in transparency (90 vs. 60), where Onramp's approach to proof-of-reserves and public documentation makes a measurable difference.
The Custody Question
Here's the key difference: Onramp has no single point of failure (Multi-Institution Custody), while Strike does (Single Custodian). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.
Bottom Line
Onramp is the clear choice here, outscoring Strike by 16 points across our six-category methodology. Keep in mind these platforms target different audiences — Onramp is built for institutions & hnw, while Strike serves beginners. One thing to watch with Strike: limited custody features. designed for buying and sending, not long-term holding.. The data speaks for itself — but always verify our methodology and do your own due diligence before moving bitcoin to any platform.
Which is better, Onramp or Strike?
Based on our six-category scoring methodology, Onramp scores higher at 90/100 compared to 74/100. The biggest differentiator is custody security, which accounts for 35% of the overall score. However, the right choice depends on your individual needs — review the category breakdown above.
Is Onramp safe for storing Bitcoin?
Onramp scored 94/100 on custody and security in our methodology. It has no single point of failure, distributing custody across multiple entities. Its custody model is classified as Multi-Institution Custody. Always verify these details and do your own research.
Does Strike have a single point of failure?
Yes. Strike uses a Single Custodian model, which means a single compromised entity could put your bitcoin at risk. This is a structural concern for long-term holders.
What are the fees for Onramp vs Strike?
Onramp charges $250/mo. Strike charges ~0.3% spread. Onramp scored 82/100 on fees versus 85/100 for Strike in our methodology.