Download BlueWallet from the App Store for iOS users or the Google Play Store for Android users.
Click on the Add now
button or the +
icon in the top right corner, this will take you to a new screen.
Enter a name for your wallet and click on the Bitcoin wallet
option.
A Lightning wallet allows for instantaneous transactions using Bitcoin. The Lightning Network is a second-layer Bitcoin solution which dictates the protocol for instant transactions to occur.
The Vault option is for users wishing to create a quorum of Bitcoin wallet signers. Multiple Bitcoin wallet private keys are required in order to approve transactions.