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We’re thrilled to introduce Lightning on wave.space! This major upgrade opens the door to nearly instant and free Bitcoin transactions - built right into your Bitcoin banking and spending experience.
What is the Lightning network?
Lightning is Bitcoin’s Layer 2 scaling solution. Instead of settling every transaction onchain, Lightning moves small transactions “off-chain” through opened payment channels, resulting in near-instant settlement and tiny fees (which we will cover for you).
How does it improve your experience on wave.space?
- Instant Bitcoin swaps - moving between EUR in your bank and BTC in your Lightning wallet takes seconds now.
- Free Bitcoin withdrawals - No more onchain network fees, Lightning transfers are free both ways!
- Instant wavecard® topups - you can now deposit Bitcoin into your wavecard® via Lightning and spend it globally! (Soon we will bring auto topups too)
How to get started?
If you already have your Lightning wallet, you're all set. Whenever you need to send or receive Bitcoin, you will now see two options: onchain or Lightning. Simply choose Lightning, generate or paste an invoice and confirm the transfer.
If you don't have a Lightning wallet, there are plenty of decent choices in the space:
Do you have any feedback?
Let us know if Lightning has transformed your Bitcoin experience. Join our community on Telegram, and chat with us directly!
