📤Advanced: Increase Spending Balance with on-chain bitcoin

Make a custom channel with anyone on lightning or with a partner on our selected list

Introduction

To increase your spending balance you need to either top up your balance (guide) or open a lightning payment channel using the bitcoin On-Chain Balance in your Hub. Opening a new channel helps you to accomplish the following:

• Transfer funds from your On-chain Balance to your Spending Balance

• Top up your Spending Balance

• Be ready to send bitcoin via the lightning network

That’s it. By opening a lightning channel with your On-Chain Balance your are connecting your Alby Hub to the lightning network and you are transferring sats to your Spending Balance. 🚀

🌟 We believe in freedom and sovereignty over your digital transactions, it's truly empowering. Choose your path and make the most of Alby Hub's capabilities, it’s all about what suits you best! 😊

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Thank you for stopping by! This section was created with contributions from Moritz