Bitcoin Lightning deposits explained
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What is the Bitcoin Lightning Network?
The Lightning Network is a payment network built on top of Bitcoin that enables instant, low-cost transactions. Instead of waiting for on-chain block confirmations, Lightning payments settle in seconds — making it well suited for funding a trading account where timing matters.
Deposits on Glimpse
Glimpse uses the Bitcoin Lightning Network for deposits. Payments are credited instantly, so you can fund your account and start trading event contracts without waiting for on-chain confirmation times or traditional banking infrastructure.
Withdrawals on Glimpse
Withdrawals work the same way: they are processed instantly over the Lightning Network, giving you fast access to your Bitcoin. There are no banking delays between deciding to withdraw and having your Bitcoin back in your own wallet.
Why this matters for prediction markets
Prediction markets move with the news. Prices update in real time as events unfold, so fast money movement matters. Lightning-fast deposits and withdrawals let traders act on their beliefs when it counts, which in turn keeps market probabilities sharp and current.
Custody and security
Qualified custody of client digital assets on Glimpse is provided by BitGo Trust Company. Glimpse Ltd. is licensed by the Bermuda Monetary Authority under the Digital Asset Business Act 2018. Trading involves risk; see the Risk Disclosure for details.