satolit app - lite Satoshi & Bitcoin wallet

FAQ

What is satolit app?



satolit app is a lite and free mobile digital currency wallet designed to manage Bitcoin. It offers features such as an intuitive and easy-to-use interface, real-time transaction tracking, QR code scanning, and advanced security measures for digital currency.

When will satolit app be launched for iOS and Android?



The satolit app for iOS and Android is currently under development and is scheduled to launch in late 2023.

What are some of the features of satolit app?



satolit offers an intuitive and easy-to-use interface, real-time transaction tracking, QR code scanning for fast transactions, advanced security measures for digital currency, Lightning Network support, and private key management.

How does satolit app ensure security?



satolit app ensures security through advanced encryption techniques such as multi-factor and biometric authentication and secure private key management. Private keys are stored securely on the smartphone device, eliminating the need for third-party intervention or the risk of hacks.

What payment options does satolit app offer for buying Satoshi?



satolit app offers a range of in-app payment options from reputable currency exchange providers, making it convenient to buy Bitcoin. Please note that transaction fees may vary depending on the selected currency exchange provider.

What is the difference between Bitcoin blockchain and Lightning Network transactions?



In the satolit app, transactions on the Bitcoin blockchain involve paying fees directly to miners who secure the Bitcoin network. On the other hand, Lightning Network transactions incur routing fees paid to nodes that facilitate the transactions. Lightning Network routing fees are significantly lower, making them ideal for fast micropayments.

Is satolit app easy to use?



Yes, satolit app is designed to be lite, intuitive, and user-friendly, making it easy for both beginners and experienced users to manage Bitcoin. The interface of the app is easy to navigate, enabling users to access features such as real-time transaction tracking and QR code scanning with ease.

Can I send and receive satoshis directly on the Bitcoin blockchain and Lightning network?



Yes, satolit app allows you to send and receive Satoshis directly on the Bitcoin Blockchain and Lightning Network, providing you with flexibility in managing your digital currency.

How does transaction tracking work in satolit app?



satolit offers real-time transaction tracking, enabling users to stay up-to-date on the status of their transactions. The accurate transaction history feature allows users to conveniently view and track their past transactions.

Why only Bitcoin / Satoshi?



Bitcoin is chosen as the focus of satolit app due to its decentralized nature, widespread awareness, and potential for growth. With a limited supply of 21 million coins and powered by blockchain technology, Bitcoin represents a trusted and scarce digital asset.

Is satolit app suitable for both beginners and experienced Bitcoin users?



Absolutely, satolit app caters to both beginners and experienced Bitcoin users. Its user-friendly interface, real-time transaction tracking, advanced security measures, and support for the Lightning Network make it suitable for users at various levels of expertise.

Can I add my existing Bitcoin wallets to the app?



Sure! You can easily import your existing Bitcoin wallets into the satolit app using the recovery phrase or seed phrase associated with those wallets.

What data does satolit store?



satolit does not store any user data on a database or backend. However, please note that if you purchase Bitcoin through a currency exchange provider within the app (which acts as a third-party provider), they may require certain information from you based on their guidelines and regulatory requirements.

How does satolit make money?



satolit generates revenue through a refund of 1.00% of transaction fees from the currency exchange provider when users buy Bitcoin within the app. This refund contributes to the earnings of the satolit app.

Can I delete the app and take my Bitcoin wallets with me?



Yes, you can delete the app without losing your Bitcoin wallets. By using the provided recovery phrase or seed phrase, you can retain access to your Bitcoin wallet even if you delete the app. There are no costs or fees associated with this process.

satolit app - lite Satoshi & Bitcoin wallet

satolit

lite Satoshi wallet app

Manage your Satoshi easily with this lit and user-friendly Bitcoin wallet app. Send and receive Satoshi directly on the Blockchain and Lightning Network.

Introducing satolit

satolit is a lightweight digital currency wallet app for your Satoshis and Bitcoin (BTC). It is designed to be intuitive and user-friendly, with a simple and easy-to-use interface.

Developed For

This app works for Bitcoin beginners as well as experienced crypto users who want full control over their crypto assets.

1 BTC = 100,000,000 Satoshis (sats)

Under the Hood

satolit provides real-time transaction tracking, quick QR code scanning for fast transactions, and advanced security features to protect your Satoshi.

Waitlist

The iOS and Android apps are currently in development and scheduled to launch in early 2024

Ease of Use

Manage your Bitcoin, easily

Transaction Tracking

Bitcoin transactions in real-time

Advanced Security

Your funds, your protection

QR Code Scanning

For fast and secure transactions

Key Management

Complete control over your keys

Buying Bitcoin

Multiple purchases & payment options

Lightning Network Support

For fast and low-fee (micro-) payments

To Sum Up

satolit is a free and user-friendly Bitcoin wallet app for beginners and experienced users. It offers transaction tracking, QR code scanning, and advanced security features to protect your Satoshi.

Transaction Tracking

Stay informed about the status of your bitcoin transfers and transactions with real-time updates.

Waitlist

Join the waitlist to try the beta in early 2024.

FAQ