Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Bitcoin

Introducing Walleto, a Lightning Network enabled Bitcoin Wallet

Published

on

Introducing Walleto, a Lightning Network enabled Bitcoin Wallet
Reading Time: 2 minutes

 

Today, Walleto Limited announced the launch of Walleto. Walleto is a custodial Lightning Network-enabled bitcoin wallet, designed to help bring bitcoin into the hands and devices of more customers, increasing accessibility and portability. Walleto was built by Peach™, the bitcoin payments engineering division of Bitfury Group, and is now available on iOS and Android.

Customers signing up or visiting Walleto Limited’s sister sites www.cryptomillionslotto.com or www.earnbitcoin.world will be directed to www.walleto.world. They will able to open their free wallet from the App Store or Google Play, and immediately begin to benefit from Walleto’s fast, inexpensive and efficient bitcoin transactions.

Unlike current bureaucratic payment systems, bitcoin can be transacted at anytime from anywhere in the world, bringing new financial flexibility and freedom to users. However, the associated costs and transaction times of using bitcoin are often unpredictable and needing to remember private keys often dissuades users. Walleto solves these issues through its easy-to-use interface, low fees, and custodial design.

Commenting on the partnership, CEO of Walleto Limited, Sulim Malook, said: “We continuously monitor developments in bitcoin and the Lightning Network because the thinking behind it is ideal for the micropayments associated with lottery. We could not be more pleased with the Peach™ wallet that has been customized for us by the Bitfury team. Their experience in software development and reputation in cryptocurrency precedes them.”

He continued: “Making deposits and withdrawals with fiat currency is time-consuming and costly. Walleto will provide the quickest transactions in crypto with costs lower than any other lottery operator worldwide, helping our players play and collect their winnings without delay.”

Walleto Limited has also partnered with Ledger, the makers of the world’s most popular hardware wallets. Commenting on why Ledger was chosen, Malook added: “Walleto is ideal for transactions. For newcomers, it makes sense to store excess bitcoin offline. When we needed a solution, we looked no further than the market leader.

“Walleto is a user-friendly and fully customizable wallet for businesses who want to offer custodial bitcoin wallets as part of their services,” said Chris Dickson, head of blockchain solutions for Bitfury. “We look forward to seeing the advancement of bitcoin payments through the efforts of Walleto, Earn Bitcoin and Crypto Millions Lotto.”

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Advertisement

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.