Lightning strikes Shakepay
Lightning withdrawals are now live on Shakepay! And that means you can now send bitcoin instantly.
It looks like the forecast just changed in your favour.
After tons of anticipation, a high-pressure system of shakers has finally collided with a low-pressure front of “we want it now,” and the result is clear skies ready for launch: Lightning withdrawals are now live on Shakepay! And that means you can now send bitcoin in seconds.
What’s the Lightning network?
If bitcoin is widely regarded as one of the most secure financial networks, Lightning is its fast lane.
On the main bitcoin network, blocks take an average of 10 minutes to be mined — great for security, not so great when you’re in a hurry.
Lightning changes that by adding a second layer that makes sending bitcoin instant and low-cost.
In short: Lightning makes bitcoin practical for everyday transactions use. It’s the difference between waiting at a toll booth and zipping through the express lane.
Why Lightning matters
For Canadians, Lightning isn’t just about speed. It’s about convenience and flexibility with your bitcoin:
- Instant payments: Whether you’re sending funds to a friend or moving your bitcoin to another wallet, it happens in seconds.
- Lower fees: Lightning transactions are designed to be ultra-low cost, so you keep more of your bitcoin.
- No setup headaches: Running a lightning node isn’t easy. Shakepay makes it simple — you just tap, send, and done.
How does Lightning work? Here’s the simplified version:
Think of Lightning like opening a tab at your favourite café.
You and your friend both put some funds in. You can send money back and forth instantly. No waiting for confirmations each time. When you’re done, the final balance settles on the main bitcoin network.
Now multiply that by millions of people doing the same thing worldwide — that’s the Lightning network.
Why we’re excited
Bitcoin was built to be open, transparent, and global. And by bringing Lightning withdrawals to Shakepay, we’re taking another step toward our mission: Ushering in the bitcoin golden age by making simple, accessible, and rewarding for every Canadian to take part in a faster, fairer financial future.
Lightning isn’t a passing storm. It’s the foundation of bitcoin’s future. And now, it’s available to you on Shakepay.
Tap, send, and see what the buzz is all about.