Which wallet should I choose when buying Bitcoin?

When buying Bitcoin through Bitnomi, you can choose to receive it in either BTC Pay or BTC Vault.

Both wallets hold Bitcoin, but the minimum purchase amount, fees, processing time and confirmation method may be different.

BTC Pay vs BTC Vault for buying Bitcoin

The exact minimum amount, fees and estimated delivery time will be shown in the app before you confirm the order.

When should I choose BTC Pay?

Choose BTC Pay when you:

• Want to buy a smaller amount of Bitcoin

• Plan to make fast or frequent payments

• Want to receive your Bitcoin more quickly

• Prefer lower fees for supported purchases

• Plan to send Bitcoin through the Lightning Network

BTC Pay is usually the better choice for everyday use.

When should I choose BTC Vault?

Choose BTC Vault when you:

• Want to hold Bitcoin in an on-chain wallet

• Are buying a larger amount

• Plan to send Bitcoin to an on-chain wallet or exchange

• Do not need the Bitcoin immediately

• Are comfortable paying an on-chain network fee

BTC Vault has a higher minimum purchase amount because the Bitcoin must be transferred through the on-chain Bitcoin network.

How do fees work?

The fees depend on the wallet you select.

Buying into BTC Pay

BTC Pay purchases usually have lower transaction costs because they do not require a standard on-chain transfer.

Buying into BTC Vault

BTC Vault purchases include an on-chain network fee. This fee may change depending on Bitcoin network activity and the fee rate used for the transaction.

Before placing your order, review:

• The amount of Bitcoin you will receive

• The Bitnomi fee

• Any applicable network fee

• The total amount you need to pay

• The quotation expiry time

How long will it take to receive my Bitcoin?

BTC Pay

Bitcoin purchased into BTC Pay is usually processed and delivered faster once your bank payment has been detected and verified.

BTC Vault

Bitcoin purchased into BTC Vault must be sent through the Bitcoin on-chain network. The transaction may remain pending until it receives the required network confirmation.

Processing may take longer when the Bitcoin network is busy.

How do I choose a wallet?

1. Start a Bitcoin buy order from the Bitnomi home page.

2. Enter the amount you want to purchase.

3. Choose BTC Pay or BTC Vault.

4. Review the minimum amount, fees and estimated processing time.

5. Confirm your selection and continue with the order.

Make sure you select the correct wallet before making the bank payment.

Which wallet should I choose?

Choose BTC Pay for smaller purchases, faster delivery and everyday Bitcoin payments.

Choose BTC Vault for larger purchases, holding Bitcoin and on-chain transactions.

For detailed buying instructions, see:

• How do I add Bitcoin to my BTC Pay wallet?

• How do I add Bitcoin to my BTC Vault wallet?