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LESSONS

Sending and receiving, without mistakes

Check the address, pick a sensible fee, and know when to use Lightning instead of the chain.

5 MIN READ
Two panels comparing on-chain and Lightning payments.
LEVEL · Beginner
IN THIS LESSON · 4 OF 7
BY THE END YOU WILL BE ABLE TO ANSWER
  • Why compare the start and end of a pasted address?
  • Does the fee depend on the amount sent?

Then prove it: a 2-question quiz. The lesson marks itself complete at 100%.

Receiving

Share a fresh address or QR code. You do not need to be online to receive; the network records it. For privacy and tidiness, use a new address each time; your wallet does this by default.

Sending

  1. Paste or scan the address. Never type it. Compare the first and last six characters with the original, because clipboard malware exists.
  2. Enter the amount.
  3. Choose a fee. Wallets usually offer slow, normal and fast. Fees are per byte of transaction data, so they do not depend on the amount sent. Check current conditions on a mempool explorer if the wallet's estimate looks high.
  4. For a large amount to a new address, send a small test first.
  5. Confirm. It is now irreversible.

When to use Lightning

For small, fast payments (tips, coffee, online purchases) Lightning is instant and nearly free. For savings and large transfers, use the chain. Many wallets support both. A Lightning invoice starts with lnbc; a Lightning address looks like an email address.

If it is stuck

A low-fee transaction can wait hours or days when the network is busy. It is not lost. Many wallets let you bump the fee (replace-by-fee). Otherwise it will either confirm when fees drop or be dropped from mempools and return to your balance.

The Lightning Network Made Easy · ExplainerWatch on YouTube ↗
CHECK YOURSELF
1/2 Why compare the start and end of a pasted address?
2/2 Does the fee depend on the amount sent?
pick an answer for each question
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