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What kind of wallet is Wallib?

Written by David Alfonzo Gauna Martinez

Wallib is not just an ordinary cryptocurrency wallet.

It's a hybrid wallet designed to give you full control over your Bitcoin (BTC) and USDT, offering you flexibility and efficiency for your day-to-day and long-term transactions. With Wallib, you can enjoy the best of both worlds: On-Chain and Lightning Network (LN).


On-Chain pocket: Full self-custody 🔑

  • 100% decentralized: You control the private keys, which means you're solely responsible for the custody of your funds.

  • 12-word seed phrase: Every Wallib On-Chain wallet is backed by a seed phrase, letting you restore your funds in any other compatible wallet.

  • Recovery: If you ever lose access to your wallet, you can recover your BTC using your seed phrase in any compatible app.


Lightning pocket: Fast and cheap ⚡

  • Lightning Network: A second layer on Bitcoin for instant payments with minimal fees.

  • Global transactions: Ideal for sending and receiving BTC in seconds, anywhere in the world, without the high fees associated with Bitcoin's main chain.

  • Flexibility: Although Wallib manages the Lightning nodes, you have the option to move your funds to the On-Chain pocket whenever you want, ensuring full control over your money at all times. (Just message us and we'll process the swap.)


Lightning Address: Your personalized Lightning address

With Wallib, you get a personalized Lightning Address — an email-style address for receiving payments via the Lightning Network. This simplifies receiving BTC hassle-free, ideal for micropayments and frequent transactions.


USDT on Wallib: Liquidity and stability 💵

  • Fast, secure transactions: Store and move USDT within the platform quickly and efficiently.

  • Access to multiple payment rails: Wallib enables deposits and withdrawals in Colombian pesos, improving USDT's integration into the local economy.

  • Stability: USDT is a stablecoin that lets you transact without the typical volatility of cryptocurrencies.

If you have any questions, write to us at support@wallib.co

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