Crypto exchange Binance announced it has completed the integration of Bitcoin on the Lightning Network (LN).
The move will enable Binance users to leverage the scaling solution for Bitcoin deposits and withdrawals. When depositing BTC, users will have the additional option of “BTC-Lightning” alongside the standard choices of Bitcoin, BEP20, SegWit, and others.
With the latest integration, Binance now stands alongside other prominent players such as Kraken, OKX, Bitfinex, and River Financial to adopt the layer 2 scaling solution.
Binance initially indicated its intention to integrate the Lightning Network in May, prompted by the temporary suspension of BTC withdrawals due to an influx of pending transactions caused by the significant upsurge in BTC network gas fees.
In June, the crypto exchange began running multiple nodes on the Lightning Network in a bid to enable cheaper BTC deposits and withdrawals on its platform.
After a slow start, LN’s adoption was boosted by several notab
We współpracy z: https://cryptopotato.com/binance-successfully-integrates-bitcoin-on-lightning-network-enabling-deposits-and-withdrawals/
