Bitcoin Forum

Economy => Currency exchange => Topic started by: thepriceinsats on January 25, 2024, 07:54:42 AM



Title: WTB Bitcoin on Lightning
Post by: thepriceinsats on January 25, 2024, 07:54:42 AM
If there is an exchange out there please let me know or can do bank transfer (UK)


Title: Re: WTB Bitcoin on Lightning
Post by: mocacinno on January 25, 2024, 08:09:36 AM
There are several... If i'm not mistaking binance and kraken allow you to withdraw to your lightning wallet... Never tested it myself tough.

The exchange in my signature also allows you to do this (untested aswell)


Title: Re: WTB Bitcoin on Lightning
Post by: rat03gopoh on January 25, 2024, 09:00:25 AM
Bestchange has a list of exchangers for BTC LN, although there is no bank transfer available, I found several alternatives that accept GBP and EUR
https://www.bestchange.com/wise-gbp-to-bitcoin-ln.html

Disclaimer: I haven't tested it. DWOYR


Title: Re: WTB Bitcoin on Lightning
Post by: thepriceinsats on January 25, 2024, 11:43:46 AM
Bestchange has a list of exchangers for BTC LN, although there is no bank transfer available, I found several alternatives that accept GBP and EUR
https://www.bestchange.com/wise-gbp-to-bitcoin-ln.html

Disclaimer: I haven't tested it. DWOYR


Many thanks, I'll do my research and maybe give it a go.


Title: Re: WTB Bitcoin on Lightning
Post by: SFR10 on January 25, 2024, 10:08:11 PM
If there is an exchange out there please let me know or can do bank transfer (UK)
You can find a few of them on the following "lightning network stores directory (https://lightningnetworkstores.com/?tags=exchange)" but considering I've never tried any of them, I can't vouch for them [kindly DYOR before trying any of them]!
- You might see some outdated results, but it's a good starting point.


Title: Re: WTB Bitcoin on Lightning
Post by: LoyceV on January 26, 2024, 10:00:47 AM
Kraken supports LN withdrawals. But you'll need either a custodial wallet (not recommended for larger amounts), or your own LN wallet with enough incoming capacity.

As an alternative, you could use an instant exchange to convert a low-fee altcoin to Bitcoin LN when needed.


Title: Re: WTB Bitcoin on Lightning
Post by: dkbit98 on January 26, 2024, 09:19:46 PM
If there is an exchange out there please let me know or can do bank transfer (UK)
I think you should find enough fiat to bitcoin orders on Robosats.com exchange but better use Tor browser and their official onion link.

Using bank accounts to buy LN Bitcoin is not something I would do, since LN is mostly used for spending small amounts of sats.


Title: Re: WTB Bitcoin on Lightning
Post by: alterra57 on January 27, 2024, 09:25:54 PM
Go for Kraken, they support Faster Payments and Lightning.


Title: Re: WTB Bitcoin on Lightning
Post by: thepriceinsats on February 01, 2024, 09:36:14 AM
Go for Kraken, they support Faster Payments and Lightning.

Thanks, good rep, I'll give it a go 👍


Title: Re: WTB Bitcoin on Lightning
Post by: thepriceinsats on February 02, 2024, 09:51:31 AM
I can confirm that Kraken has a Lightning withdrawal channel.

Was easy to register, deposit, buy and withdraw


Title: Re: WTB Bitcoin on Lightning
Post by: alterra57 on February 02, 2024, 12:34:46 PM
I can confirm that Kraken has a Lightning withdrawal channel.

Was easy to register, deposit, buy and withdraw

Nice, Kraken is one of the few exchanges you can really trust, even more than Binance. I wish I shared my ref link tho  :D


Title: Re: WTB Bitcoin on Lightning
Post by: philipma1957 on February 05, 2024, 12:51:59 AM
I can confirm that Kraken has a Lightning withdrawal channel.

Was easy to register, deposit, buy and withdraw

Nice, Kraken is one of the few exchanges you can really trust, even more than Binance. I wish I shared my ref link tho  :D

I did a thread showing how to use kraken and or nicehash i tested and showed screenshots.



Title: Re: WTB Bitcoin on Lightning
Post by: examplens on February 05, 2024, 01:19:30 AM

I did a thread showing how to use kraken and or nicehash i tested and showed screenshots.



Can you post a link to that thread?


Title: Re: WTB Bitcoin on Lightning
Post by: philipma1957 on February 05, 2024, 04:14:23 AM

I did a thread showing how to use kraken and or nicehash i tested and showed screenshots.



Can you post a link to that thread?

okay give me a few minutes to find it.

https://bitcointalk.org/index.php?topic=5478443.0

it is there with screen shots.

“always remember that when using kraken or any exchange you do not truly have possession of the coins.

not your keys not your coins”

I keep a few hundred usd in btc on kraken in case I need to send it for a small purchase.