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

As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration.According to a Tuesday announcement, OKEx’s Bitcoin Lightning Network will be integrated “in the coming quarter,” making OKEx a participant node in the Lightning Network.The integration will allow OKEx users to select the Lightning Network option when depositing and withdrawing BTC, intending to decrease transaction....

The leading global crypto exchange and derivatives trading platform OKEx recently announced support for Bitcoin’s scalability solution, Lightning Network. Regarding the new development, we had the opportunity to interact with Jay Hao, CEO of OKEx and the Lightning Network (LN) team. We asked them few questions and this is what they had to say. Q: […]

OKCoin has announced that it will integrate Bitcoin’s Lightning Network, reducing transaction fees and deposit/withdrawal times. The post OKCoin To Integrate Lightning Network appeared first on Bitcoin Magazine.

OKEx has announced that it has integrated Bitcoin’s Lightning Network, allowing users to send and receive bitcoin in near real-time at almost no cost.

Bitcoin Suisse, Switzerland’s biggest BTC broker, has now made Lightning Network technology available for its crypto payment system. Bitcoin Suisse will use the Lightning Network to make Bitcoin (BTC) transactions both cheaper and faster. It will be the first cryptocurrency payment processor in Switzerland to integrate the technology, according to a press release dated Tuesday.Armin Schmid, head of Bitcoin Suisse Pay, praised the decision, noting that Lightning transactions will play a significant role in scaling crypto apps and driving mass adoption.“Lightning transactions enable higher....