WhiteBIT Integrates Lightning Network for Fast and Cheap Bitcoin Transactions
WhiteBIT added Bitcoin Lightning Network support for deposits and withdrawals. The exchange set separate fees for Lightning deposits and withdrawals and included QR code and payment-detail support.
What this rests on
What it means
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Users who deposit or withdraw Bitcoin through WhiteBIT now see Lightning support in the exchange’s flow, including QR codes and payment details. That changes the rail available for those transfers on the platform today. Users and the exchange’s customers are the people who would notice this first in day-to-day use.
Before this integration, Lightning was not part of WhiteBIT’s Bitcoin deposit and withdrawal setup. What remains the same is that the exchange is still handling Bitcoin transfers, only with an added network option and stated fees for that path. The practical change is in the transfer method and the fee schedule attached to it.
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Bitcoin Magazine
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