Blink FAQ
🌎 English
🌎 English
  • What is Blink?
  • Creating a Blink Account
    • Where can I download and Install Blink?
    • How to install the APK from GitHub
    • Which countries are unable to download and activate Blink?
    • How do I create an account with Blink?
    • How can I recover my account if I lost my phone number?
    • Where can I find my Lightning address?
    • What information do I need to provide to register to Blink?
    • What should I do if I don't receive an SMS?
    • How do I contact Blink Support team?
    • Is it possible to change the phone number associated with a username after creating a Blink account?
    • Can I change my username after creating my Blink account?
    • Why can't I complete the puzzle to receive SMS?
    • Do I need to complete KYC to create a Blink account?
    • How can I delete my Blink account?
  • Using Blink
    • What will I find on the main screen of my Blink account?
    • Why do I see a balance of 0 when I log in to my account?
    • How do I receive a transaction with Blink?
    • How do I send a transaction with Blink?
    • Which methods can I use to send and receive transactions using Blink
    • How can I add balance to my Blink account?
    • What are Blink's account limits?
    • Upgrading to a level 2 account
    • Upgrading from a Trial account to level 1
    • How do I withdraw my Blink funds?
    • How does the Blink wallet work?
    • Can I pay with a credit or debit card?
    • What options there are if the Blink app is not compatible with my phone?
    • How to obtain a Proof of Payment from Blink?
    • How to convert between BTC and USD (Stablesats)?
    • When do lightning invoices expire?
    • Problems with SMS Login
  • Blink Payment Methods
    • Intraledger
      • What is an intraledger transaction?
      • Are there any fees for transaction between blink users?
      • What information is needed to send or receive Bitcoin between Blink wallets?
    • On-chain
      • What is an on-chain transaction?
      • How can I receive an on-chain transaction with Blink?
      • How can I send an on-chain transaction with Blink?
      • Where can I verify the status of an on-chain transaction?
      • What are the different types of Bitcoin on-chain addresses?
      • Can capitalization affect the validity of a Bitcoin address?
      • What are some common reasons for an on-chain transaction to take a long time to confirm?
    • Lightning
      • What is the Lightning Network?
      • Why does Blink use Lightning as default?
      • How to recognize a Lightning invoice?
      • How do I send bitcoin payments using the Lightning Network with Blink?
      • How do I receive bitcoin payments using the Lightning Network with Blink?
      • What should I do if my Lightning transaction fails while trying to pay someone?
      • What should I do if my Lightning transaction status is pending?
    • Lightning Address and Paycode
      • Can someone steal my money if I give them my Lightning Address?
      • What is a Lightning Address, and what does it look like?
      • Do all wallets support Lightning Addresses?
      • How can I create Lightning Address with Blink?
      • How can I use Lightning Address to send and receive money with Blink?
      • What is the Point of Sale (PoS or Cash Register) in Blink
      • How can I use Blink's Point of Sale feature?
      • What is a Paycode and how can I use it?
  • Stablesats
    • What is Stablesats?
    • How does Stablesats work?
    • How does Stablesats compare to stablecoins and fiat banking integration?
    • Is Stablesats compatible with the traditional banking system?
    • ​​Are there any regulatory requirements for Stablesats?
    • What are the risks associated with Stablesats?
    • What makes Stablesats stand out from stablecoins like Tether and USDC?
    • Is it possible to use physical USD from a bank account to send and receive payments over Lightning?
  • Transaction Fees
    • What are the transaction fees for using Blink wallet?
    • What are mining fees?
    • What determines mining fees?
    • Are there any fees for transactions between two Blink wallets?
    • What are the fees for sending Bitcoin from my Blink wallet to another wallet?
    • Why does Blink have a Lightning - onchain imbalance threshold?
    • What are the fees for receiving Bitcoin in my Blink wallet?
    • What are the fees for converting Bitcoin to or from Stablesats?
    • What is a fee reimbursement in Blink, and when does it happen?
  • Buy and Sell Bitcoin
    • Which accounts can buy and sell bitcoin with Blink?
    • How to buy bitcoin with Blink?
    • How to sell bitcoin with Blink?
    • What are the details of Blink's bank account?
    • How to pay Blink from Banco Agricola?
    • How to pay Blink from Banco Cuscatlan?
    • How to use a website to buy and sell bitcoin with Blink?
  • Earn Section
    • How does the earn section work?
    • Why is Earn wallet depleted?
    • What does the 'Unsupported phone carrier for quiz' error mean?
  • Blink Merchant Map
    • What is Blink's map feature?
    • How can I add my business to Blink's Merchant Map?
    • How can I remove my business from Blink's merchant map?
  • Blink & Other Wallets
    • Chivo wallet and ATM
    • How to prove that a lightning invoice was paid?
  • Blink Circles
    • What is Blink Circles?
    • What is Blink "Inner Circles?
    • Will my circles data or username be published for others to see?
    • Do I get paid for sharing my invite link or adding people to my circles?
  • Security Settings
    • 2FA
    • On-Device Security
  • Custody & Security
    • How is my money stored in Blink?
    • What is a Multisignature Wallet?
    • Can I move my Blink funds to my own custody?
  • Blink Voucher
  • Integrations
    • Connect to the Alby Browser extension on Android
    • Connect to BTCPay Server
    • Set your Blink account as an LNbits funding source
  • Demo videos
Powered by GitBook

Follow us

  • GitHub
  • X / Twitter
  • Nostr

Community

  • Galoy Mattermost
  • Telegram

More info

  • Blink website
  • Status page
  • About Galoy

Copyright © 2024 BBW, S.A. de C.V.

On this page

Blink Payment Methods

Welcome to the payment methods section of our FAQ, where we will provide you with a comprehensive overview of the payment methods supported by Blink. Here are the payment methods available on Blink:

  1. On-Chain Transactions: Blink supports traditional on-chain Bitcoin transactions. This method involves recording transactions directly on the Bitcoin blockchain. You can send and receive Bitcoin by entering the recipient's Bitcoin address and the desired amount.

  2. Lightning Network Payments: Blink enables Lightning Network payments, which offer faster and more cost-effective transactions. The Lightning Network is a layer built on top of the Bitcoin network that allows for near-instantaneous payments with reduced fees. You can send and receive Lightning payments by using Lightning Network invoices.

  3. LNURL: Blink also supports LNURL, which stands for Lightning Network URL. LNURL simplifies the process of sending and receiving Lightning payments by generating unique payment links. Users can simply click on the LNURL link to initiate the payment process, making it convenient and user-friendly.

  4. Intraledger Transactions: With Blink, you can also perform intraledger transactions, which allow you to send and receive payments within the Blink ecosystem. This feature ensures seamless and instant transfers between Blink users, enhancing the overall payment experience.

Whether you prefer on-chain transactions, Lightning Network payments, LNURL, or intraledger transactions, Blink offers a versatile platform to meet your Bitcoin payment needs. Explore the various payment methods supported by Blink and enjoy a secure and convenient way to send and receive Bitcoin payments.

PreviousProblems with SMS LoginNextIntraledger

Last updated 1 year ago