Liza J. Lee | WBN News Vancouver | September 1, 2025

Bitcoin bounties are changing the game for small businesses in Vancouver. Coinos.io now offers supporters a chance to earn bitcoin (sats) simply by referring other merchants—while unlocking instant payments via the Lightning Network. The company enables referrers to receive payments into an account for free. Withdrawals to external wallets incur a small fee that varies depending on network conditions.

📌 At A Glance

  • 💰 Earn 20,000–100,000 sats by referring local businesses
  • 🛍️ Over 50 Vancouver and over 500 global merchants already onboard
  • ⚡ Instant payments via Lightning—no chargebacks, no delays
  • 🆓 Free web wallet and payment page for every user
  • 🧠 A smart way to join the Bitcoin economy with zero friction

🔍 What Is It?

Crypto bounties are reward systems offered by blockchain projects to incentivize community contributions. Coinos.io, a Vancouver-based Bitcoin payment platform offers bounties for community members to earn sats by referring to local businesses. These bounties range from 20,000 to 100,000 sats and are designed to grow the merchant network while rewarding grassroots advocacy.

A satoshi, or "sat" for short, is the smallest unit of Bitcoin—just like cents are to dollars. One Bitcoin is made up of 100 million satoshis, meaning 1 sat = 0.00000001 BTC. This tiny denomination makes it easier to handle microtransactions and everyday purchases, especially as Bitcoin’s price continues to rise.

💡 Why It Benefits Users or Small Biz

For small business owners, Coinos.io offers a frictionless way to accept Bitcoin payments. With its free web wallet and Lightning-enabled payment page, merchants can receive instant settlements—no waiting for banks, no 3% card fees, and no risk of chargebacks. The payment system works anywhere with the internet. Merchants can use it on a tablet or put up a QR code for customers to scan with their phone.

Referring other businesses not only earns community members sats, but also strengthens the local crypto economy, bringing more visibility and foot traffic to Bitcoin-friendly shops. This also helps to accelerate Bitcoin adoption further.

🛡️ Trust, Safety, and Regulation

Coinos.io operates transparently, with open-source tools and community-driven development. The Lightning Network itself is a well-established layer-2 protocol built on Bitcoin, known for its security, speed, and low-cost transactions. It was officially launched in 2018 by Lightning Labs. 

By using off-chain payment channels, it allows users to send and receive bitcoin instantly without congesting the main blockchain.While crypto regulations continue to evolve, Coinos.io focuses on simplicity and compliance, making it easy for merchants to onboard without legal headaches.

🌍 Broader Impact

Bounties were originally used to reward people willing to invest time and research into discovering bugs or flaws in a new product or technology, or to recover lost or stolen access. This bounty model has evolved and reflects a larger shift in how blockchain projects grow—through decentralized, community-powered efforts. 

As more cities adopt similar programs, Bitcoin becomes not just a speculative asset but a practical tool for everyday commerce. Vancouver’s merchant bounty initiative could serve as a blueprint for urban crypto adoption worldwide.

🧩 Signature

Liza J. Lee – Contributor, WBN News | Follow Me on X

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TAGS: #WBN News Vancouver #WBN News Global #Liza J Lee #Bitcoin Bounties #Stack Sats #Crypto For Business #Business Referrals

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