What is the Lightning Network?

The Lightning Network is a "layer 2" payment protocol built on top of Bitcoin. It's designed for fast, low-cost, scalable Bitcoin transactions.

Why would I want to swap between Lightning and bitcoin on-chain?

It depends on how you're using bitcoin: Stacking & Saving: Accumulate sats with dollar-cost averaging (DCA) into the Lightning Network, then move to cold storage for long-term self custody. Spending: Withdraw from cold storage to the Lightning Network when you need bitcoin ready for fast, low-cost transactions.

Is Bitcoin Well a custodian?

No. Bitcoin Well is completely non-custodial. You retain control of your private keys at all times. The platform simply facilitates the network conversion, no custodians, no third-party risk.

How to swap bitcoin between the Lightning Network and cold storage in the USA

By Ulises Alfaro

/ 2025-06-19

Ulises Alfaro

Bitcoin maxi helping you enable independence