November 25, 2022

CardCoins enables Lightning Network support for users buying Bitcoin with cash

Users want to be able to send and receive payments instantly and with low fees. The integration of the Lightning Network into the CardCoins service responds to this consumer demand and the broader philosophical understanding that Bitcoin evolves in layers.

In the United States, CardCoins offers underbanked and cash-privileged users the ability to quickly and easily purchase Bitcoin with cash at nearly 80,000 retailers. Today CardCoins released Lightning Network support – with a quick trip to a supporting retailer, anyone can now top up their Lightning Network cash wallets in minutes.

A CardCoins spokesperson commented, “The Lightning Network is integral to the future of Bitcoin. Users want to be able to send and receive payments instantly and with low fees. The integration of the Lightning Network into the CardCoins service supports this consumer demand and the broader philosophical understanding that Bitcoin evolves in layers.”

The spokesperson added: “CardCoins has helped tens of thousands of people gain access to the Bitcoin network. The most common concerns raised by users are the speed and cost of their transactions. The Lightning Network is a natural and brings many exciting use cases to the Bitcoin ecosystem. Micropayments, subscription services, and other activities that were once priced are now within reach. At CardCoins, we are excited to be a part of this movement.”

The new integration comes after months of R&D by the CardCoins team. Not only is Lightning supported through the CardCoins website, but also through its public API. Wallet and exchange developers can use the CardCoins API in their apps to offer their favorite underbanked and cash demographics a way to top up their accounts.

To receive Bitcoin via the Lightning Network at CardCoins, users follow these simple steps:

  • Explore the CardCoins card and find a retailer that goes with you
  • Visit the retailer to purchase a non-reloadable Visa, MasterCard or American Express branded gift card
  • Submit their flash invoice and card details on the CardCoins website
  • Receive bitcoins!

To learn more, please visit https://cardcoins.co/ and follow us on Twitter, @CardCoinsCo

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