Speed Bitcoin Wallet 4+

Speed Wallet is one of the most simple, fast, and secure wallet for all your Bitcoin & stablecoin payments.

Your one wallet app to send, receive Bitcoin & USDT payments, shop e-gift cards from global brands, and earn rewards. Our vision is to make Bitcoin & stablecoin accessible to everyone and help you experience the full power of it.

Speed has launched USDT-L, a wrapped USDT stablecoin on the lightning network. This is benefits all the users who want to transact using USDT to attain a stable value and not spend high fees.

Send, and receive Bitcoin and stablecoin payments

As a custodial wallet, Speed Wallet enables you to securely send and receive Bitcoin and USDt. It is the most secure crypto wallet for holding Bitcoin and USDT or spending them easily for everyday services.

- Add Bitcoin or USDT to your Speed wallet
- Create your unique LN address
- Send & receive Bitcoin using an LN or Bitcoin address, LN invoice or USDT-L invoice,
- Send & receive USDT using the Lightning network

Why USDT-L & how can users it on Speed?

USDT is a popular digital currency pegged to the US dollar, so it's stable and perfect for global transactions, they can be slow & expensive. Speed has introduced USDT-L, which overcomes all these challenges by bringing the speed and low fees of Lightning Network to USDT.

- Ethereum Bridge: Convert Ethereum USDT to USDT-L through the Speed Wallet. Download the app, register, and transfer Eth-USDT to Speed Wallet for automatic conversion to USDT-L.
- BTC Lightning Payments: Generate USDT-L invoices to accept BTC Lightning payments. Speed Wallet will automatically convert BTC to USDT-L.
- Swap on Speed Wallet: Soon, users will be able to swap between BTC and USDT-L within the wallet.
- USDT-L Payments: Receive USDT-L from other Speed users, businesses, or wallets adopting USDT-L.

Speed Rewards:

With every BTC payment you make using Speed Bitcoin Wallet, you earn Speed rewards, and the most exciting part is you can redeem the Speed Rewards for Bitcoin SATs in your wallet account. We offer a tiered rewards system. As you grow through the tiers, the reward on every spend increases.

Shop with Bitcoin:

Find all your favourite brands that accept Bitcoin & USDT. Shop for gift cards directly from the Speed Bitcoin Wallet.

Fees:

We believe in transparency, there are no hidden costs. Every time you make a payment a small fee is applied.

Speed Fees: A small platform fee may apply to certain transactions.

Routing Fees: A small fee is charged to route your payment through the lightning network and is applied only to LN transactions.

Network Fees: A small fee is charged by the miner to add your transaction to the block in the blockchain and is applied only to Bitcoin on-chain transactions.

Gas Fee: A small fee is charged by the miner to add your transaction to the block in the blockchain and is applied only to transactions made on Ethereum Blockchain for USDt payments.

KYC:

Speed team is committed to taking all measures necessary to ensure compliance and provide a seamless Bitcoin payment experience. We have implemented KYC for all the users based in the United States. Any information collected during the KYC process will be handled with confidentiality and under applicable data protection regulations. We deeply value our user community, and we're dedicated to ensuring that our services meet the highest standards of user experience and business continuity. If you have any questions or concerns regarding this update, please don't hesitate to reach out to our support team at support@speed.app

Download the Speed Wallet app to take complete control of your Bitcoin & Stablecoin, it’s yours.