Deposit on binance using lightning
To deposit Bitcoin (BTC) into your Binance account using the Bitcoin Lightning Network, follow these steps:
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- Log in to Binance: Open the Binance app or website and go to your Deposit section.
- Select Crypto: Click on [Deposit Crypto] and choose BTC (Bitcoin).
- Choose Network: Select Lightning (or Lightning Network) as the transfer network. Note: If this option is not visible, it may be restricted in your region due to local regulations.
- Enter Amount & Create Invoice: Type in the exact amount of BTC you want to deposit and click [Create Invoice]. (You must enter an amount before generating the invoice).
- Copy the Invoice: Click [Copy Invoice Number] (or scan the QR code) to copy the Lightning invoice. Keep in mind that the invoice expires in 30 minutes.
- Pay the Invoice: Open your external Lightning-compatible wallet (such as Phoenix, Muun, Wallet of Satoshi, or another exchange), paste the Binance deposit invoice into the send/withdrawal field, and confirm the payment.
The transfer will settle in under a minute with low fees, and your funds will be credited to your Binance account shortly after.