In this article we show you how to set up Wallet of Satoshi and receive bitcoin Instantly. Start now and begin receiving Bitcoin in your online store!

How to Set Up Wallet of Satoshi and Receive Bitcoin Instantly

How to Set Up Wallet of Satoshi and Receive Bitcoin Instantly

The Bitcoin and Lightning sales in your online store are credited directly to your own Bitcoin wallet. You will need a Bitcoin Lightning wallet with a Lightning address.

Wallet of Satoshi is such a Lightning wallet with a Lightning address and we will explain how to get it here.

You have two options for obtaining the Wallet of Satoshi.

Either you go to the website https://www.walletofsatoshi.com/ and there you will find the two download options for the App Store or Google Play.

Or you can go directly to the store on your smartphone and search for the Wallet of Satoshi.

 

After you have started the Wallet of Satoshi on your smartphone, you will see a Receive button at the bottom left. Click on it.

The adjacent window opens. Below the QR code you will find the Lightning address, which looks like an e-mail address. This is your Lightning address, which you can give to anyone you want to receive sats from.

You store this Lightning address with Coinsnap.

You can do this when you log in to Coinsnap for the first time. You will be asked for your company name and your Lightning address. In the second line, enter the Lightning address that you received from Wallet of Satoshi.

Your customers’ Bitcoin and Lightning payments are then forwarded to this Lightning address and credited to your Lightning wallet, in this case Wallet of Satoshi.

About the author

Sebastian Paulke

Sebastian Paulke is a communications strategist and technology writer with more than 25 years of experience covering emerging technologies, and a focus over the last three years on Bitcoin and AI. With his blog articles for Coinsnap he aims to help merchants better understand the potential of Bitcoin payments for their business, make informed decisions about using them, and successfully set up Bitcoin payment in their online shops.