Speed Bitcoin Lightning Wallet

Speed1 - FZCO

About this app

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

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

Send & receive Bitcoin payments
As a custodial wallet, Speed Wallet enables you to securely send and receive Bitcoin via both the on-chain or Lightning Network and earn reward on every payment. It is the most secure crypto wallet for you to hold your Bitcoin and spend easily for everyday services.
- Add Bitcoin to your Speed wallet
- Create your unique LN address
- Send & receive using LN or Bitcoin address, scanning a QR, LN invoice

Speed Rewards
With every 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.

Speed Reward are redeemable in Bitcoin SATs. When you reach minimum rewards required in your tier, you can redeem them to Bitcoin SATs directly in your wallet account.

Shop with Bitcoin
Find all your favorite brands that accept Bitcoin. Shop for gift cards directly from the Speed Bitcoin Wallet.

Fees
We believe in transparency, there are no hidden costs. Everytime you make a payment a small fee is applied. The breakup of the fees is as below:
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 on-chain transactions.

Download the Speed Bitcoin wallet app and take complete control of your Bitcoin, it’s yours. Please don't hesitate to reach out for any queries or feedback at [e-mail]. We're happy to help.

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Ratings and reviews

Good LN Wallet, simple, straightforward & does what it says; be advised an OS update can trigger an event that signs you out of the wallet; make sure you hand write your credentials, ( twice in case you have trouble reading your own handwriting later on ), I was locked out for a few days; support was pretty prompt to reply; lastly, be aware wallet fees/tax is subject to change, with little advanced notice to make any adjustments to automated transactions.

The app is awesome, and has a user friendly interface that enable you to send and receive coins with ease. One particular thing I love so well about the app is that you can easily switch to any country of your choice to store your coins without any reason to murmur . I recommend you to use this app because it is an excellent app . If I had to rate this app more than five stars I would.

Was good when I started a month ago.. But right now doesn't feel like worth it,crazy fees for every transaction,also getting higher and higher,while using lightning network not that costly ,and many other wallets I pay few Sats per transfer.. You never know how much exactly they will charge you after all.. While fees was saying should be 0-1600 SATs,I got charged 5000 Sats for transfer ,and they telling you no hidden fees.. I will skip this one for now,in case they return to normal

What's new

1. Gift cards: Shop for gift cards with Bitcoin directly from the wallet.
2. Set date & time: Now set your time format as per your preference.
3. 2FA: Update your app and add 2FA to unlock the added layer of protection.
4. Speed fees: New fee structure is now applied for withdrawal. Check the details before confirming the transaction.
5. Fixed bugs: We've fixed some bugs! Enjoy a stable in-app experience.
6. Join the Beta program to test and get early access to new features