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, & earn Bitcoin rewards. Our vision is to make Bitcoin & stablecoin accessible to everyone & help you experience the full power of it.

Speed has launched USDT-L, a wrapped USDT stablecoin on the lightning network. This benefits all the users who want to transact using USDT to attain a stable value at low transaction fees.

Send, receive Bitcoin & stablecoin payments
As a custodial wallet, Speed Wallet enables you to securely send & receive Bitcoin & USDt. It is the most secure crypto wallet for holding Bitcoin & 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 & perfect for global transactions, they can be slow & expensive. Speed has introduced USDT-L, which overcomes all these challenges by bringing the speed & low fees of Lightning Network to USDT.

- Ethereum Bridge: Convert Ethereum USDT to USDT-L through the Speed Wallet. Download the app, register, & 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 & 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, & the most exciting part is you can redeem them to earn 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 favorite 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 & 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 & 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 & 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 & 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 & under applicable data protection regulations. We deeply value our user community, & we're dedicated to ensuring that our services meet the highest standards of user experience & 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.

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Additional Information