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How do I send bitcoin on the Lightning Network?
Requirements

To send bitcoin on the Lightning Network your Kraken account must be verified to an Intermediate or Pro level account. You will also need a Lightning wallet app to send to/from. Your wallet address will start with LN. 

Select the Deposits or Withdrawals sections below for step-by-step instructions on how to send and receive Bitcoin over the Lightning Network on Kraken.

Deposits
  1. 1

    Once you are signed in to your Kraken click on the Deposit button.

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  2. 2

    Select Bitcoin (BTC) and click on the Lightning Network tab.

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  3. 3

    Enter an amount and select Generate deposit request.

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  4. 4
    Use your Lightning wallet app to scan the QR code on the Kraken deposit page.
  5. 5
    Confirm Pay in your Lightning wallet app.
  6. 6
    Check if your Deposit shows up in Recent transactions table.
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Withdrawals
  1. 1
    Once you are signed in to your Kraken account click on the Funding navbar item. Then click on Withdraw.
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  2. 2
    Click Add withdrawal request button.
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  3. 3
    Tap Receive in your Lightning wallet app, if it says any amount it will not work with Kraken, so edit it to have an amount and description.
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  4. 4
    Copy the Lightning request.
  5. 5
    Create a Request label and paste in the Withdrawal request.  After selecting Add withdrawal request you will receive an email that needs to be confirmed.
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    Note: the Request label helps you to remember what the request is used for. The label you create must be unique and cannot be used more than once. 
  6. 6
    Once confirmed, you can now click the Withdraw button.
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  7. 7
    If you have funding 2FA enabled, you will be prompted for it.
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  8. 8
    The withdrawal now goes into an Initiated state.
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  9. 9
    You will receive the bitcoin in your Lightning wallet app!

 

To find out more about Kraken's Lightning node, visit our support article (recommended for more advanced users).