Edmonton, Alberta – May 28 – Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence, has enabled customer payments via the Lightning Network in Canada. This new feature will enable customers to instantly sell bitcoin via the Lightning Network from any personal Lightning Wallet.The integration of the Lightning Network into the Bitcoin Well Bitcoin Portal is essential to the company’s vision of making bitcoin as easy to use as modern banking products. With this launch, Bitcoin Well provides customers with an innovative way to sell bitcoin from their self custody, which is the safest way to use bitcoin.[...]
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42 sats \ 1 reply \ @grayruby 29 May
They are taking Canada by storm but I still haven't tried them out yet. Am I really even Canadian @gnilma?
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50 sats \ 0 replies \ @gnilma 29 May
Don't feel ashamed, I'm on the same boat. I've been wanting to test out a non kyc buy from one of their machines ever since I saw the BTCSessions post. But I kept being lazy and never went to the machine. The one that I'm looking to visit is only a 15-20 minute drive from home, so there's really no excuse. I'll make an effort to get it done this weekend.
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21 sats \ 0 replies \ @gnilma 29 May
Great feature. But as with any service that touch fiat banking, it requires kyc. Since the fiat payout is via e-transfer, a kyc'ed account must be used. Just pointing out the obvious. And great option if you are in Canada, have a Canadian bank account, and need some fiat quick. Still better privacy than selling on chain coins.
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