How To Send & Receive Bitcoin on Lightning Network
A Step-by-Step Guide for Bitcoin Diploma Course Students
✨ Why Wallet of Satoshi?
- World's simplest Lightning wallet - No complex setup required
- Instant Lightning payments - No waiting for channel opens
- Free Lightning transactions - No fees for Lightning payments
- Perfect for beginners - Start practicing immediately
ℹ️ Good to Know
Wallet of Satoshi is a custodial wallet, which means the company holds your keys (like a bank holds your money). This makes it super simple to use, but for learning purposes only - use small amounts. Once you're comfortable with Lightning, you can explore self-custodial options.
Method 2: Practice Sending Within Your Cohort (Alternative)
Once you have some sats in your Wallet of Satoshi (from Stacker.news or other sources), you can practice peer-to-peer Lightning transactions with your classmates.
Step 1: Share Your Lightning Address
- Open Wallet of Satoshi
- Tap "Receive" at the bottom
- Your Lightning address is shown under the QR code
- It looks like:
[email protected] - Share this address with your classmates via message, email, or show the QR code
Step 2: Send Sats to a Classmate
- In Wallet of Satoshi, tap "Send"
- Either:
- Scan your classmate's QR code, OR
- Tap the keyboard icon and paste their Lightning address
- Enter amount (start with 10-50 sats for practice)
- Optional: Add a note/message
- Tap "Send" to confirm
- Transaction completes instantly! No fees on Lightning
Step 3: Receive Sats from a Classmate
- In Wallet of Satoshi, tap "Receive"
- Choose one of these options:
- Show your Lightning address QR code (for any amount), OR
- Tap the pencil icon to create an invoice for a specific amount
- Let your classmate scan your QR code
- Watch the payment arrive instantly!
- Wallet of Satoshi will show a notification and update your balance immediately
Next Steps
After completing these exercises, you'll be ready to:
- Send and receive Lightning payments confidently
- Use Lightning for real-world purchases
- Understand the difference between on-chain and Lightning
- Teach others about Lightning Network