1- How to set up a custodial Lightning Wallet

We are going to use Bottlepay as our example for a custodial Lightning Wallet, because their user experience is great for beginners. There are plenty of other options.

Step 1 – Download the Bottlepay App from Playstore of App Store

Step 2 – Choose your country

Step 3 – Add a mobile number which becomes your log-in info

Step 4 – Agree to the terms and conditions; declare if you are a US Taxpayer

Step 5 – Verify your mobile number with the code Bottlepay send

Step 6 – Create a six digit pin; Confirm the pin

Step 7 – Optional but recommended; Enable Biometrics to enhance security

Step 8 – Create a profile; username, profile picture, email address

Step 9 – Confirm your email

Step 10 – Verify your identity providing Name, Age, Address, and Proof of Identity via Driving License or Passport; Scan the front and provide a Selfie (smile ? )

This step took several minutes. Be patient.

Congratulations. You now have a Lightning wallet. You can:

Add Funds – Either fiat via bank transfer or by transferring BTC – On Chain or Lightning. You should decide how you want to receive funds. Either in fiat or BTC. You can always change your mind and convert after.

Make a payment at the speed of Lightning

Receive Funds – Generate a BTC address or Lightning Invoice

Send Funds – On Chain or by scanning a Lightning Invoice; to other Bottlepay users; to a Mobile Number; to a Social Profile: Discord, Github, Reddit, Twitch or Twitter.

Trade – One time purchase or recurring i.e Cost Averaging.


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