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How do I send bitcoin on the Lightning Network?

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.

  1. 1

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

  2. 2

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

  3. 3

    Enter an amount and select Generate deposit request.

  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.
  1. 1
    Once you are signed in to your Kraken account click on the Funding navbar item. Then click on Withdraw.
  2. 2
    Click Add withdrawal request button.
  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.
  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.
    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.
  7. 7
    If you have funding 2FA enabled, you will be prompted for it.
  8. 8
    The withdrawal now goes into an Initiated state.
  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).