Cryptocurrency exchange Binance confirmed it was working to integrate the Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities on its platform, according to a June 20 tweet.
Binance will join Bitfinex, Kraken, and OKX as one of the largest trading exchanges to integrate Lightning, according to a GitHub repository by LN advocate David Coen.
Crypto community spot Binance lightning nodes
During the past week, several crypto community members highlighted Binance’s LN nodes on the network. Amboss, a data analytics for the LN, corroborated these claims, tweeting that Kraken’s largest channel was connected to a Binance node.
On June 16, Bitcoin Magazine reported that Kraken and OKX had opened channels with a Binance-related node.
Meanwhile, Amboss said the Binance node was not publishing its connection information, preventing other nodes from connecting freely.
Binance’s tweet confirmed that it was operating the “new Lightning nodes,” adding that:
“There’
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