How to Deposit Bitcoin via OKX’s Lightning Network? (App/Web Guide)

What Is the Lightning Network, and What Are Its Advantages?

The Lightning Network is a layer-2 solution for Bitcoin deposits and withdrawals, offering users a faster, cheaper, and more efficient way to transact BTC.

Key Benefits:

Low Fees: Designed for microtransactions, it significantly reduces costs compared to on-chain Bitcoin transfers.
Speed: Transactions are approved in seconds (vs. minutes/hours on-chain).
Scalability: Processes thousands of transactions per second (TPS) (vs. Bitcoin’s 7 TPS), with potential to reach 1 million TPS.
Daily Limits:
- Per transaction: Max 0.05 BTC (~$2,750).
- Per user/day: Max 0.5 BTC (~$27,500).

👉 Why choose Lightning Network for Bitcoin deposits?

How to Deposit BTC via Lightning Network?

Mobile App Instructions

Navigate: Tap [Chain Deposit] on the OKX App homepage → Select BTC.
Select Network: Choose Lightning → Enter amount (0.000001–0.1 BTC recommended) → Click [Generate Invoice].
Complete Transfer: Copy the Lightning Invoice and paste it into your withdrawal wallet/exchange.

Web Instructions

Navigate: Go to [Asset Management] → [Deposit] → Select BTC → Choose Lightning.
Create Invoice: Enter amount (0.000001–0.1 BTC) → Click [Create Invoice].
Paste Invoice: Use the copied invoice at your withdrawal platform.

👉 Step-by-step Lightning Network deposit guide

FAQ

1. Is the Lightning Network safe?

Yes! It uses smart contracts to secure off-chain transactions before settling on Bitcoin’s blockchain.

2. Why is my Lightning deposit amount limited?

To optimize for small, frequent transactions (its primary use case). For larger amounts, use on-chain deposits.

3. What if my invoice expires?

Generate a new invoice and retry. Expired invoices cannot be credited.

4. Can I withdraw via Lightning Network?

Yes! OKX supports Lightning withdrawals for BTC (similar steps as deposits).

Summary

The Lightning Network is ideal for fast, low-cost Bitcoin transactions. Follow the steps above to deposit BTC seamlessly on OKX’s App or Web platform.

Got questions? Drop them in the comments!