Bitcoin Well Inc. has integrated with Nostr, allowing US customers to buy bitcoin directly through direct messages on the decentralized social protocol.
Users can link their Nostr identifier to their Bitcoin Well account and purchase bitcoin by sending specific commands via direct message, with the purchased bitcoin sent to their existing Lightning Wallet for security.
Nostr is a censorship-resistant decentralized social media protocol that operates on relays rather than centralized servers, providing users full control over their message servers and enhancing privacy protection.
The integration simplifies the bitcoin buying process by enabling purchases directly through a social platform, offering users more control and privacy, with transactions using funds from the user's Cash Balance and delivering bitcoin over the Lightning Network to a pre-registered wallet address.