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Kraken Exchange Integrates Bitcoin’s Lightning Network

  • Kraken has built-in Bitcoin’s Lightning Network.
  • Customers can now deposit and withdraw up to 0.1 BTC with prompt and low-cost Lightning funds.
  • Kraken is operating an LND Lightning node.

Cryptocurrency trade Kraken now helps Bitcoin’s Lightning Network for cheap and prompt buyer deposits and withdrawals of BTC, the corporate stated in a press release despatched to Bitcoin Magazine.

“Adoption is going to come from people who have fiat in their bank account, and they need to get it into Bitcoin,” Pierre Rochard, Bitcoin product supervisor at Kraken, informed Bitcoin Magazine. “Kraken is providing an excellent venue for them to do that, and then they can top up their mobile Lightning wallet and use it as a medium of exchange. That’s clearly the next step in terms of Bitcoin’s evolution.”

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