Americans can now buy bitcoin on the Lightning Network directly from their bank with their Bitcoin Well account. By using the dollars in your Bitcoin Well Cash Balance you can buy bitcoin over the Lightning Network with 

. You can also go directly from your bank to your Lightning Wallet.  You can now live fully on a Lightning-powered bitcoin standard ⚡️ 

How to buy bitcoin on the Lightning Network 

You can also go directly from your bank to your Lightning wallet. Your bitcoin will be sent over the Lightning network as soon as your dollars arrive (usually within 3 business days).

Here are detailed steps to guide you on how to buy bitcoin on the Lightning Network 👇

Go to your Lightning wallet and copy your Lightning Payment Address (looks like an email address). A Payment Address is not a Lightning invoice, but rather a static receiving address similar to a bitcoin receiving address. The benefit of using a Payment Address is that you can passively receive any quantity of sats at any time; unlike an invoice, a Payment Address does not have an expiry or a fixed amount of sats limiting the amount can be received. 

In the example below we use the 

 wallet to obtain a Payment Address. Coinos is a powerful and easy-to-use Lightning wallet available in any country via your favourite web browser. You can set up a Coinos Lightning wallet and start receiving sats in seconds. 


Coinos features a Lightning Payment Address. Once you’ve set up your wallet, hit “Receive” to access your Payment Address. 

Step 2: Add your Lightning wallet to your Bitcoin Well account

Log in to your Bitcoin Well account and navigate to 

. From the buy screen, select bank or balance and add your Lightning wallet to the Destination by clicking 

. Add your Lightning Payment Address from Step 1 here. 

Step 3: Buy bitcoin on the Lightning Network 

After you’ve selected your source and added your Lightning Payment Address as the destination, you are ready to complete your bitcoin purchase on the Lightning Network!  When buying bitcoin from your Cash Balance, the dollars will instantly convert to bitcoin and be sent directly to your Lightning wallet – delivery takes less than a minute! 🤯 When buying bitcoin from your bank account, you can expect to wait at least a couple business days as we wait for the slow movement of fiat to be finalized before sats can be sent. 

The compromise is over: bitcoin fast, easy and cheap

In the past, Bitcoiners had to choose between using freedom money at the mercy of the speed and cost of Bitcoin’s blockchain, or use the legacy banking system while surrendering their monetary freedom and independence. Ideally, Americans never have to compromise their monetary principles; thankfully, they no longer have to. 

Stacking sats straight to the Lightning also enables an innovative way to manage UTXOs. Now anyone can stack sats as much as they like without worrying about UTXO bloat. Simply accumulate sats on your Lightning wallet and then swap it across to your on-chain wallet in one neat UTXO.  Since Coinos is a custodial Lightning wallet, you should periodically send your sats to your self-custody hardware wallet. To help you get the most out of the Lightning network, Bitcoin Well has a 

swap tool that lets you swap sats between on-chain and Lightning. While this feature is only available in Canada, it will make its way to the United States very soon 🤫

Haven’t signed up with Bitcoin Well yet? 

 to start living on a (Lightning powered) Bitcoin Standard free from custodians and centralized honey pots. 

Bitcoin Well is also the best place in the world to earn bitcoin. When you earn points in your Bitcoin Well account, you gain the opportunity to play the Bitcoin (Wishing) Well, where you win sats with every play.

The best part? We send bitcoin that you win straight to your personal wallet via the Lightning Network ⚡

Oh yeah, did we mention you can win 1,000,000 sats? If you're an active Bitcoin Well customer, there is a chance you've earned a pile of points. The more you use your account for buying, selling or spending bitcoin - the more points you’ll earn! Log in to your Bitcoin Well account and 

Bitcoin Well exists to enable independence. We do this by coupling the convenience of modern banking, with the benefits of bitcoin. In other words, we make it easy to use bitcoin with self-custody.  ⁠ ⁠

Create a bitcoin Lighting wallet for free. Creating a Lightning wallet is free and easy, you can get started in seconds.

Copy your Lightning payment address, Lightning payment addresses or Lightning URLs are great for receiving sats any time for any amount, without expiry 

Add your Lightning wallet quick and easy to start buying bitcoin on the lightning network with no zero extra fees and free miner delivery

Quickly buy bitcoin on the lightning network. Buy small amounts of bitcoin instantly. 

How to buy bitcoin on the Lightning Network quickly and easily in the United States (USA) 

How to buy bitcoin on the Lightning Network in the United States

Konrad Fitzpatrick