A quick, honest look at how the recommended route compares.
| Feature | SimpleSwap | Typical exchange | P2P |
|---|---|---|---|
| No account / sign-up | ✓ | — | — |
| Instant, non-custodial | ✓ | ✓ | — |
| Hundreds of assets | ✓ | — | ✓ |
| Fixed or floating rate | ✓ | — | — |
| 24/7 support | ✓ | ✓ | ✓ |
Straight answers to what people actually ask about bitcoin's lightning network — one topic per card.
Transactions on the Bitcoin Lightning Network complete in seconds, offering near-instant settlement. This speed vastly surpasses traditional Bitcoin transactions and enables real-time payments for goods and services.
Yes, fees are incredibly low, often just a fraction of a cent. The Bitcoin Lightning Network makes micro-payments economically viable by moving transactions off the main blockchain, reducing congestion and costs.
The Bitcoin Lightning Network is secured by cryptographic protocols and the underlying security of Bitcoin. Funds are held in multi-signature channels, ensuring high security for your transactions.
The Bitcoin Lightning Network is a global payment layer, allowing you to send and receive Bitcoin payments across borders with the same speed and low fees, unhindered by traditional financial systems.
The primary goal of the Bitcoin Lightning Network is to scale Bitcoin for mass adoption. It allows for millions of transactions per second, far exceeding the capacity of the main Bitcoin blockchain.
Follow the steps above and get started with bitcoin's lightning network today.
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