⚡Lightning Bank Address

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.

To create your lightning bank address, once you have verified your identity, just click the edit button under profile.

Then you can input your first name or a nickname. Your lightning bank address if available will be displayed to you and you can use it to receive Naira sent as Bitcoin on the lightning network.

Imagine if you wanted to receive Naira from a loved one across the Atlantic, normally your options would be 10% commission Western Union, Moneygram or one of those trendy but sometimes unreliable fintech apps. Thanks to Mavapay you can now receive Naira straight into your bank account by providing something called Lightning Bank Address. A lightning bank address is simply an email with your [e-mail]. The only catch here is that the sender must be sending you Bitcoin from a lightning enabled app or platform. But not to worry, most of the popular Bitcoin or crypto apps have integrated 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.

What is a lightning bank email address?

This is a unique address that is generated for you to receive money from anyone using a wallet that supports lightning addresses. The lightning address is linked directly to your Naira bank account. This means that you can receive money from anyone in the world and have it deposited directly into your Naira bank account. An example of a lightning address is - [e-mail]

📝 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.