Education

By Sebastian Paulke

Published: December 17, 2023

Updated: May 20, 2026

In this article we show you how to set up Wallet of Satoshi and receive bitcoin Instantly. Start now and begin receiving Bitcoin in your online store!

How to Set Up Wallet of Satoshi and Receive Bitcoin Instantly

The Bitcoin and Lightning sales in your online store are credited directly to your own Bitcoin wallet. You will need a Bitcoin Lightning wallet with a Lightning address.

Wallet of Satoshi is such a Lightning wallet with a Lightning address and we will explain how to get it here.

You have two options for obtaining the Wallet of Satoshi.

Either you go to the website https://www.walletofsatoshi.com/ and there you will find the two download options for the App Store or Google Play.

Or you can go directly to the store on your smartphone and search for the Wallet of Satoshi.

After you have started the Wallet of Satoshi on your smartphone, you will see a Receive button at the bottom left. Click on it.

The adjacent window opens. Below the QR code you will find the Lightning address, which looks like an e-mail address. This is your Lightning address, which you can give to anyone you want to receive sats from. If you like, you can customize the Lightning address, e.g. to yourname@walletofsatosho.com.

Connect your Wallet of Satoshi with your Coinsnap account

You store this Lightning address in the Coinsnap dashboard under Finances → Settings → Deposit.

Store your Wallet of Satoshi address in the Coinsnap settings under Finances → Settings → Deposit.

Your customers’ Bitcoin and Lightning payments are then forwarded to this Lightning address and credited to your Lightning wallet, in this case the Wallet of Satoshi.

About the author

Sebastian Paulke

...is CEO of Coinsnap's mother company Onlineshop24 DOO, and a business analyst, communications strategist, and technology writer with more than 25 years of experience covering emerging and disruptive technologies.

He has worked closely with consulting firms, blue-chip companies, international startups, academic societies, and industry experts, with his work over the past five years focused primarily on Bitcoin and generative AI and their impact on business models.

At Coinsnap, among his many responsibilities, he particularly enjoys writing about Bitcoin payments and helping merchants understand their practical value—enabling them to make informed decisions and implement Bitcoin payment solutions effectively in their online businesses.