Lightning Network Bitcoin $BTC Deposits Now Live on Binance

Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

Depositing bitcoin via Lightning is faster and cheaper than on the main blockchain; the base fee on lightning is $0.04, whereas regular bitcoin deposits spiked to as high as $30 in May, according to ycharts. Transactions also settle in under a minute, with regular bitcoin transactions taking roughly 10 minutes per confirmation.

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