Business
Bitcoin Well Enables Lightning Network On The Bitcoin Portal In The USA
(TheNewswire) Edmonton, Alberta – March 25, 2025 – TheNewswire - Bitc...
About this update from Bitcoin Well Inc
[{"type":"text","content":"Bitcoin Well Enables Lightning Network On The Bitcoin Portal In The USA\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Edmonton, Alberta – March 25, 2025\n–\n \n\n TheNewswire -\n \n\n Bitcoin Well Inc.\n \n\n (“\n \n\n Bitcoin Well\n \n\n ” or the “\n \n\n Company\n \n\n ”) (\n \n\n TSXV: BTCW; OTCQB: BCNWF\n \n\n ), the non-custodial bitcoin business on a mission to enable\nindependence announces the addition of the Lightning Network in the\nUSA as a method of immediate delivery after a bitcoin purchase. This\nmeans US customers in all 50 states can now buy bitcoin and have it\nsent to their personal bitcoin wallets on the Lightning Network,\nsaving money on blockchain transaction costs and preventing wallet\nbloat.\n \n\n\n\n This move will also reduce Bitcoin Well transaction\nexpenses as it reduces the cost to send bitcoin to customer’s\npersonal bitcoin wallets. Further, it enables customers to buy smaller\namounts, more frequently, which is in line with our ethos to\n“Replace your bank with Bitcoin Well”\n \n\n\n\n “The Lightning Network makes it faster and easier for\nour customers to buy bitcoin more often while taking self-custody”\nexplained Adam O’Brien, founder and CEO of Bitcoin Well. “I expect\nthis addition will earn us more transactions from customers,\nespecially as we add the ability to sell over Lightning and Swap to\nand from the main chain in the coming weeks.”\n \n\n\n\n Customers can buy bitcoin one-time or with a Recurring\nBuy with money directly from their bank. They can have their paychecks\ndeposited to Bitcoin Well and converted to bitcoin, or they can use\ntheir Cash Balance to convert dollars to bitcoin. And now, their\nbitcoin can be instantly delivered to their Lightning wallet with no\nadditional fees. This advancement in our products enables our\ncustomers to buy more frequently without the fear of on-chain fees or\nUTXO management.\n \n\n\n\n About Bitcoin Well\n \n\n\n\n Bitcoin Well is on a mission to enable independence. We\ndo this by making bitcoin useful to everyday people to give them the\nconvenience of modern banking and the benefits of bitcoin. We like to\nthink of it as future-proofing money. Our existing Bitcoin ATM and\nOnline Bitcoin P...