Introducing Bitcoin Lightning Support on BlockBee in Partnership with Lightspark

We’re excited to announce a major enhancement to our payment options: Bitcoin Lightning, brought to you in partnership with Lightspark. This integration enables faster, cheaper, and more efficient Bitcoin transactions, making it easier for you and your customers to process payments seamlessly.

What is Bitcoin Lightning?

Bitcoin Lightning is a second-layer scaling solution built on the Bitcoin network. It facilitates instant transactions with significantly lower fees, making it ideal for microtransactions and high-speed payment scenarios.

Key Features of Bitcoin Lightning on BlockBee

1. Powered by Lightspark: Our Bitcoin Lightning integration is supported by Lightspark, a trusted provider for Lightning infrastructure, ensuring a smooth and reliable payment experience.
2. Daily Payouts: Funds collected via Bitcoin Lightning will be forwarded to your wallet every day at 00:00 UTC, provided the total balance exceeds 0.00008 BTC.
3. Unified Wallet Address: Bitcoin Lightning payouts will be sent to the same wallet address configured for Bitcoin in your BlockBee Dashboard, keeping wallet management straightforward.
4. Low Minimum Transaction Amount: Customers can make payments as small as 0.00000100 BTC using Bitcoin Lightning, allowing for greater flexibility in payment amounts.

How to Enable Bitcoin Lightning Payments

To start accepting Bitcoin Lightning payments, simply navigate to the Payment Settings in your BlockBee Dashboard and enable the feature. Please note that Bitcoin Lightning payments are only available for Checkout and the PoS (Point-of-Sale) at this point.

Benefits of Bitcoin Lightning Integration 

• Instant Payments: Transactions are completed within seconds, ensuring a quick and efficient checkout process.
• Lower Fees: Enjoy reduced transaction costs compared to standard Bitcoin payments.
• Simplified Setup: With Lightspark as a partner, the integration is seamless and hassle-free.

Expand Your Payment Capabilities

Bitcoin Lightning, provided in partnership with Lightspark, is an excellent addition to BlockBee’s growing suite of payment solutions. With its speed, cost-effectiveness, and scalability, it’s the perfect tool for businesses looking to elevate their cryptocurrency payment options.

We’re excited for you to start using Bitcoin Lightning and look forward to hearing your feedback. As always, our team is here to assist with any questions or setup needs.

Enable Bitcoin Lightning payments today and take your transactions to the next level! Let us know if you have any questions or feedback.

Check out the Bitcoin Lightning live demo at Bitcoin Amsterdam