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@ Bitcoin Well
2025-03-25 19:12:58
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 **instant delivery**. 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 **instantly**:
1. Add your Lightning Payment Address (LNURL) to your Bitcoin Well account
2. Enter the amount of dollars you want to buy bitcoin with
3. Choose your Bitcoin Well Cash Balance (you may need to fund this first!)
4. SMASH BUY! Your Lightning wallet will receive sats in seconds 🏎️
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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 👇
## **Step 1: Get your Lightning details**
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. \
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In the example below we use the [Coinos.io](http://coinos.io/) 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.
<img src="https://blossom.primal.net/de5c95b169f554b10e773590f2012d86767068d10a647c731a9146cca4ad8d46.png">
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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 [Buy bitcoin](https://app.bitcoinwell.com/usa/buy). From the buy screen, select bank or balance and add your Lightning wallet to the Destination by clicking **Add wallet**. 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! \
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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! 🤯\
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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. \
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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 *free* 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? [Sign up here](https://bitcoinwell.com/referral/btcwblog) to start living on a (Lightning powered) Bitcoin Standard free from custodians and centralized honey pots.
## **Earn sats from your bitcoin transactions**
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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 [check your point balance](https://app.bitcoinwell.com/reward-points).
## **About Bitcoin Well**
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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.