Muun wallet

Once you have converted your Layer 1 BTC to Lightning Network BTC, you can simply send it to your wallet and get ready to start using it for payments. Muun wallet works even more seamless. You can send on-chain BTC to your wallet and use them for Lightning Network payments.

The Lightning Network reeled in a record amount of bitcoin being used on the network . Twitter is even testing the technology to allow its users to send bitcoin tips to each other. All that said, there’s still a lot of work to do to make the payment network easier to use, more secure and more private.

If you want to make transactions using the Lightning Network, you’ll need to send some BTC (for instance from your Coinbase account) to a Lightning-compatible wallet . There are dozens to choose from. Popular options include both “custodial” and “non-custodial” wallets.

If you’re a Coinbase customer, you have your choice of a hosted wallet or a self-custody wallet . The Coinbase app, where you buy and sell crypto, is a hosted wallet. You can also download the standalone Coinbase Wallet app to take advantage of the benefits of a non-custodial wallet.