Bitcoin Layer 2 (L2) Wallet
Manage all your Bitcoin Layer 2 assets in one secure Bitcoin L2 wallet, available for Chrome, Android & iOS.
Xverse - The best wallet for Bitcoin Layer 2
Xverse is the most user-friendly and secure Bitcoin L2 wallet, built to support the fast-growing Bitcoin Web3 ecosystem.
By supporting Bitcoin-native on-chain assets like Bitcoin (BTC), Rare Sats, Runes, and Ordinals, as well as Layer 2 assets, such as Stacks (STX) and Stacks-based tokens, Xverse has established itself as the best wallet for Bitcoin users looking to explore DeFi, NFTs, and dApps built on Bitcoin.
What is Bitcoin Layer 2?
Bitcoin L2 refers to protocols built on Bitcoin that aim to help scale Bitcoin by improving transaction speeds, reducing fees, and enhancing the network’s utility.
For example, Stacks is a smart contract-enabled Bitcoin Layer that allows developers to launch decentralized applications (dApps), build DeFi protocols, and create non-fungible tokens (NFTs) secured by Bitcoin.
In addition to Stacks, the Lightning Network (LN) and Rootstock (RKS) have emerged as popular Bitcoin Layers that have helped expand Bitcoin’s utility. But as the race to build on Bitcoin continues to intensify, more Layer 2 protocols have emerged, with the newest names being Build on Bitcoin (BoB), Citrea, Merlin Chain, Mezo, Botanix, Acre, Bitlayer, and Alpen Labs, among others.
Seamless send and receive Bitcoin L2 assets
Xverse allows you to send and receive Bitcoin Layer 2 assets with ease using the Chrome extension or mobile app, which you can both sync so you can seamlessly alternate between them to better manage your Bitcoin assets.
Securely store your Bitcoin L2 assets in a non-custodial wallet
Xverse is a non-custodial wallet that allows you to securely store all your Bitcoin and Bitcoin L2 assets while retaining complete ownership and control of your private keys.
What’s more, you can connect your Xverse wallet to your Ledger to enhance the security of your Bitcoin assets.
Explore DeFi built on Stacks and secured by Bitcoin using Xverse
Xverse wallet users can connect to decentralized finance (DeFi) protocols on web or mobile to explore the exciting world of Bitcoin-powered DeFi on Stacks.
The Bitcoin Layer Stacks has established itself as a home for Bitcoin DeFi, with the likes of ALEX or Arkadiko, and Velar enabling you to trade and earn yield on a range of different digital assets in a decentralized manner.
Download Xverse to enter the exciting world of Bitcoin Layer 2.
Frequently Asked Questions
What is a layer 2 wallet?
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A Layer 2 wallet is a software or hardware wallet that allows you to transact on Layer 2 protocols and manage assets built on L2.
A Bitcoin L2 wallet like Xverse, for example, can manage your on-chain Bitcoin assets, such as BTC, Ordinals, Runes, etc., as well as assets on the Bitcoin Layer Stacks, such as STX and SIP-10 tokens.
What is a layer 2 wallet address?
A Layer 2 wallet address is a string of alphanumeric characters that are specific to the destination of a cryptocurrency transaction. Such an address may begin with bc1 on Bitcoin, and they are usually case-sensitive. These addresses act as a recipient’s unique identification so that they can safely send or receive Layer 2 assets on their Bitcoin wallet.
What is the difference between Layer 1 and Layer 2 Bitcoin?
Layer 1 is the base layer, or the underlying architecture, consisting of a distributed ledger, a Proof-of-Work (PoW) consensus protocol, and nodes to secure the Bitcoin network. This Layer allows the network to validate and process on-chain transactions, creating new blocks on the Bitcoin main chain.
On the other hand, Bitcoin Layer 2 networks optimize performance on the main chain by extending functionalities like scalability, smart contract programmability, privacy, and asset issuance to the base layer. These Layer 2 networks are built on Bitcoin, and each provides a different approach for scaling the blockchain.
Do you need to download a new wallet for Merlin Chain, Build on Bitcoin, Citrea, and all other new L2s?
Most Bitcoin L2s haven’t released native wallets. Instead, multi-chain wallets and Bitcoin Web3 wallets like Xverse are rolling out support for the latest L2s. That makes it easier to manage your Bitcoin L2 assets in one place as opposed to having to manage multiple wallets.
