Buy Bitcoin with Lightning Pay

By Lightning Pay

Updated Oct 9, 2024

 

Buying bitcoin on Lightning Pay is incredibly easy! Follow along below if you need help. The most important thing is to ensure you have a compatible bitcoin wallet. Check out our article for the most popular bitcoin wallets that support our buy service.

There are a few ways to purchase bitcoin from Lightning Pay. This article will take you through each withdrawal and purchase method. Step-by-step.

 

Choose Amount to Purchase

  1. Login at Lightning Pay
  2. Enter the amount you wish to buy in any field
  3. Tap or Click on "Buy Bitcoin Now"


 

Choose Withdrawal Option

There are a number of ways to withdrawal your purchased bitcoin at Lightning Pay. To understand more about compatibility of wallets with each withdrawal type, visit our Wallet Compatibility article. Below, we'll take you through each workflow.

 

Lightning Address Withdrawal

To withdraw to a Lightning Address, you can either type in your Lightning Address Manually into the "Address" field, or choose from an Existing address you have setup in your profile.

  1. Choose or Enter the Lightning Address to which you'd like to receive your bitcoin, tap "Next"
  2. Confirm each of the details of your transaction including the amount to buy, and the deposit address, Click "Next"
  3. Choose your payment method, for this article, we're demonstrating the Akahu API payment method
  4. Tap/Click and Confirm

On-Chain Withdrawal

Lightning Pay allows you to claim your funds in an on-chain bitcoin wallet, not just with Lightning. You can do this by pasting a new address into the "Enter Deposit Address" field, or by selecting a previously saved bitcoin address (we'll show you both in the video below).

  1. Enter the bitcoin address to which you'd like to receive your funds, or choose an address you have saved in your profile.
  2. Double Check the address, then check it again! It's very important to ensure you have the address correct, as funds sent to the wrong address cannot be refunded. Click/Tap "Next"
  3. Check the payment details, including the address and amount. Click/Tap "Next"
  4. Choose your payment method, from here, the on-chain process will behave the same as Lightning Address process above.

 

 

Manual QR Withdrawal

This option allows you to generate a withdrawal code you can use in a number of Lightning Wallets. Be sure to check our Wallet Compatibility guide to ensure your wallet can use this method.

  1. Choose "Manual Withdraw via Lightning QR Code" in the selection menu
  2. Confirm your transaction details, Tap/Click "Next"
  3. Choose your payment method, for this article, we're demonstrating the Akahu API payment method
  4. Tap/Click and Confirm
  5. Below, we will demonstrate the "Copy Invoice" option for withdrawal

 

 

Claim your Payment via QR

For manual withdrawal via QR code, there are three mechanisms you can choose from to execute the withdrawal. Below we demonstrate copying the invoice and claiming with Wallet of Satoshi on the same mobile device.

  1. Scan the QR code provided with another device. You may also take a screenshot of the QR and open it via a wallet on the same device (Wallet of Satoshi has this feature). 
  2. "Open Invoice" will allow you to open the QR withdrawal claim on a wallet of your choosing (Android) or the default wallet for Lightning Network links (iOS). 
  3. "Copy Invoice," which we demonstrate below, allows you to paste the withdrawal code manually in your wallet of choosing. This is the method we demonstrate below.
    1. Tap/Click "Copy Invoice"
    2. Open your Wallet
    3. Tap/Click "receive," then the "Scan" Icon.
    4. Tap/Click the Clipboard option
    5. Paste the Code, click "Receive" to confirm
    6. Move back to Lightning Pay to confirm the withdrawal is complete

 

 

Smash Buy

The process for smash buy is incredibly easy, so we've got this down to just a single video!

  1. Choose your amount from the list
  2. Click and hold the button
    1. You may need to enter your 2FA credentials if you haven't done so yet

That's It!

Congrats on your first bitcoin purchase via Lightning Pay. If you have any other questions, please visit our support pages for our range of knowledge base articles, or feel free to reach out to us at support@lightningpay.nz.