Binance, one of the world’s leading cryptocurrency exchanges, recently completed integration the Lightning Network, a Layer 2 payment protocol that operates on top of Bitcoin. This significant move allows Binance users to take advantage of the LN’s key features for Bitcoin deposits and withdrawals, providing an additional choice of “BTC-Lightning” alongside traditional options like Bitcoin, BEP20, and SegWit. This integration solidifies Binance’s position among other heavyweight exchanges such as Kraken, OKX, Bitfinex, and River Financial, all of whom have adopted this Layer 2 scaling solution. The need for the Lightning Network integration initially came to light in May when Binance

testimonial avatar