💵How To Receive Naira on Mavapay Money

Hi there, Today I would love to walk you through how to receive Naira through the Bitcoin Lightning Network.

Lightning network is the second-layer network for Bitcoin that enables ultra fast and affordable transactions. With Mavapay, you can receive Naira that is sent as Bitcoin through the lightning network.

Apps like Binance, Cash App, Coinbase, Strike, Blink, Wallet of Satoshi all have integrated lightning network so your friends and family can send you Bitcoin which you will receive in Naira in your registered bank account.

1: To create a Mavapay Money Account, kindly visit www.mavapay.money

2: Activate your account by checking your registered mail and clicking the link.

3: To use the platform and receive funds, it is required by law to complete KYC, so click kindly Complete KYC

4: KYC process takes a few minutes and you shall be asked to provide your BVN and do a quick face liveliness. Once completed, the verification process will take place in a few minutes.

5: We shall send you an email notifying you once the KYC process is complete. You should then login to the platform and create an Lightning Bank Address which is an email you can use to receive Naira.

6: You can also create an invoice with the Naira amount you want to receive. This invoice expires after 5 minutes which means the sender must send Bitcoin within 5 minutes.

7: Copy your lightning invoice and forward it to the sender to receive your Naira. You can alternatively scan the QR code to make payment. Remember this invoice expires within 5 minutes so the sender must make payment within 5 minutes. If not, you can simply generate another invoice.

📝 Sats are the smallest denomination of Bitcoin so Sats are to Bitcoin what Kobo is to Naira.

Thanks for reading and do no hesitate to reach out to us on live chat if you need some further explaining.