The Lightning Network is a ‘layer 2’ protocol that operates on top of Bitcoin’s blockchain, enabling fast bitcoin transactions to your Bitaroo account.
To receive bitcoin via the Lightning Network:
1. Go to 'Account' --> 'Receive'
2. Toggle the switch to 'Lightning'.
Choose to receive in your LN Address (a QR code is also available) or generate an LN invoice by following these steps:
1. Enter the desired amount
2. Click on 'Generate Invoice'
3. Scan the QR code or copy the code string to your Lightning Wallet to pay the invoice.
Please note:
Users can generate only one invoice at a time, but once it is paid or cancelled, they can generate a new one. There is no limit to the total number of invoices.
LN transactions are settled almost instantly, and the amount should appear in your balance within seconds of the payment being made.