Category: Lightning Network

OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions

OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions

High on-chain fees and transaction times for bitcoin can be off-putting to users, the exchange said. (Rawpixel) Feb 2, 2021 at 3:50 p.m. UTC OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions Cryptocurrency exchange OKEx says it will integrate the Lightning Network, a Layer-2 bitcoin payments technology, in the second quarter of […]

Continue Reading

OKEx to accelerate Bitcoin transactions with Lightning Network

OKEx to accelerate Bitcoin transactions with Lightning Network

As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. 3563 Total views 19 Total shares Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be […]

Continue Reading

Binance enables SegWit support for Bitcoin deposits as adoption grows

Binance enables SegWit support for Bitcoin deposits as adoption grows

Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. 24624 Total views 27 Total shares Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits.  The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. […]

Continue Reading

Kraken announces Lightning Network integrations for 2021

Kraken announces Lightning Network integrations for 2021

Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. 2254 Total views 13 Total shares Major United States-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming that […]

Continue Reading