Update 18.01.23: LNTXBot is announced to sunset by its creator Fiatjaf. All LNTXBot users are encouraged to withdraw their remaining Sats from LNTXBot. Fiatjaf’s main focus has shifted - among other things - towards advancing the social networking protocol Nostr.
While the Bitcoin & Lightning ecosystem is seeing fast progress in the development in more user-friendly Lightning Wallet options, one of the most simple ways to receive your first Sats is via the LNTXBOT by fiatjaf, a Lightning Wallet which allows every Telegram user to send & receive Sats without further ado.
Besides sending & receiving Sats via your LNTXBOT wallet, you can also offer a variety of other services like crowdfunding, fundraising, an ad market place and plenty of other integrated options to make use of your Sats. To set up a LNTXBOT wallet on your Telegram account simply message: @LNTXBOT and a wallet is set up. To understand your wallet functions type /help …. to check your balance type: /balance
To do so enter simply the command to e.g. donate 1,000 Sats:
/send 1000 @Bitcoin_Saigon
into your Telegram chat with @lntxbot.
As a warning: Funds on LNTXBot are fully custodial and you trust a third party with your funds.
While a great way to get started & make your first steps with Lightning - do not put more funds on it than you can afford to lose.
For security your Telegram account should be set up with 2 factor security (2FA) so a loss of your phone does not mean a loss of your sats.
The target use case is for micro- & and other small payments only, not for transferring large amounts of value!
If you would like to support the work of the Bitcoin Saigon Community - you can donate some of your Sats to us via our Donation page!