OKEx to accelerate Bitcoin transactions with Lightning Network

[Nostoman]

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 Feb. 2 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 fees and times.

Source: OKEx to accelerate Bitcoin transactions with Lightning Network

[robert20]

I think Lightning network is going to be a must for bitcoin transaction. In near future bitcoin will be 1$ for 1 satoshi. So lightning network can help us a lot to spread the bitcoin among general people by making it a cheap option for transactions.