Deposit/Withdraw on Purse via Lightning
How to deposit/withdraw on Purse with Lightning Purchasing items on Purse with Lightning is simple! If this is your first time using Lightning, we recommend getting started with this article. 1. Add item to your cart and follow the regular steps to proceed to payment. (https://storage.crisp.chat/users/helpdesk/website/7adf1003Few readersLightning Network
What Is the Lightning Network? The Lightning Network (also referred to as Lightning, or LN) is a scalability solution built on top of Bitcoin that allows users to quickly send and receive BTC with virtually no fees. Lightning is considered to be an off-chain, Layer 2, solution, meaning that transfers are done via a new network of payment channels anchored in Bitcoin’s blockchain. As the world’s first and leading cryptocurrency, Bitcoin has become an important means of transacting value beFew readersHow to use Blue wallet
What is Blue wallet? Blue wallet is a "radically simple and powerful Bitcoin wallet". It has many features which help with security such as multi-sig wallets, watch only wallets and multi sig vaults. It is fairly simple to use however does not have submarine swaps enabled as do Phoenix and Muun wallet, making it slightly more difficult to begin using lightning. → The Blue wallet app is available onFew readersMy First Time Using Lightning
My First Time Using Lightning Whilst Bitcoins decentralized attributes and hard monetary policy are second to none, the most common critique has always been its inability to scale due to high congestion within the network. This being a result of Bitcoin's simple design with small block sizes in efforts to remain decentralized, often causing slow transactions and high fees. For this reason, I was extremely proud upon hearing that Purse would be integrating Lightning to alleviate these problFew readersHow to use Muun wallet
What is Muun wallet? Muun wallet is a non custodial Bitcoin wallet that allows for both Lightning and Bitcoin transactions. The wallet runs lightning natively, creating a seamless experience for the user. Here is a guide on how to use the application step by step.Few readersHow to use Phoenix wallet
What is Phoenix wallet? This wallet is not your regular Bitcoin/lightning wallet, it runs natively on lightning. Everything is taken care of under the hood to the point where you do not notice anything, expect that your payments are faster and cheaper. Its beautiful and simple UX makes it easy for anyone to transact in Bitcoin, whichever way they please. The following article will follow a step by step process on how to use the application. → The Phoenix wallet app isFew readersRouting Solutions
There could be a few reasons why you might be having trouble sending or receiving Lightning payments to/from your Purse Wallet. Lets break down the most common: Amount too large No routes Estimated fee was too small for actual transaction (https://support.purse.io/en/article/routing-solutions-1lsxsym/3-estimated-fee-was-too-sFew readersSwap Fee during Withdraw
A submarine swap is a trade between on-chain and off-chain digital assets (i.e. between Bitcoin held on-chain and Bitcoin on the Lightning network). At Purse, we have a unified wallet, meaning when you deposit or withdraw from your Bitcoin balance, you have the option to choose which method (on-chain or off-chain) you would like to send/receive fFew readers