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Project Overview
by starburst
December 1, 2023

What is PulseLN and how to use it

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PulseLN is a quick, easy-to-use, and user-friendly cryptocurrency exchange and onramping tool to Pulsechain. It is referred to as the “fastest fiat onramp” and enables users to conduct instantaneous  transactions when combined with other well-known exchanges like CashApp, Coinbase, Binance, and other non-custodial solutions. It can’t be any simpler and here’s a guide on how it works and how to use it.

Important details and attributes of PulseLN

  • Instant (15 secs) Swaps of  BTC, ETH, BNB, PLS, HEX 
  • No Signup, no KYC, complete privacy
  • During cross-chain swaps, users benefit from fewer on-chain transactions and lower network fees
  • Integration with Multiple Services: Users of Bitcoin can use both HEX and PulseChain, while PulseChain users can access thousands of low-cost services on the Lightning Network
  • PLN Founder Token: All platform swap fees are accumulated into PLN, the PulseLN Founder’s token. In 2023, it was airdropped to PulseChain addresses with zero value upon launch. The PLN token has an automatic buy and burn feature that reduces its supply over time, saving holders up to 50% on exchange fees.
  • Easy to onramp from fiat to Pulsechain

How to use PulseLN

Go to PulseLN. You don’t need to signup or use any wallet.

Press on the coin name and choose the coin from the list. You can swap PLS, BTC, ETH, BNB, opETH, arbETH, HEX, and PLN. XMR, SOL, ETHW, HEXW, and DAI are in the process of being added.

Insert the number of coin you want to transfer and insert your address. In this case, we insert a Pulsechain address and we confirm.

Upon confirmation, you’re presented with a QR code and an address. In this case, it’s a Bitcoin Lightning address because all Bitcoin transfers go through the Lightning Network. That’s why the fees are very low and the transfers are almost instantaneous. 

In this case, we need to send 2 million SATS to the presented address. We can use any exchange, CashApp (for US customers), or your LN Bitcoin wallet.

We send the coins, wait for the transaction confirmation, and receive PLS on Pulsechain within 15 seconds.

There are many options when it comes to fiat onraps. If you want to exchange your fiat to PLS it’s enough to get on one of the centralized exchanges supporting Lightning Network or Optimism withdrawals and withdraw to your wallet first. Satoshi Wallet is recommended for Bitcoin Lightning but there are others. Once you have BTC on that wallet you can go to PulseLN and exchange it for PLS on Pulsechain. 

It’s not necessary to use a centralized exchange to exchange fiat for PLS. It’s possible to use privacy protecting, p2p services like Bisq, Robosats and others. The step would be to exchange fiat for BTC and then BTC for PLS. 

Here’s the full list of fiat onramps.

Fiat onramps can also work as offramps but there are a few  other fiat offramps worth looking at.

Nothing in this article or website is financial or taxation advice. For advice on these matters, please contact a registered professional adviser.

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