๐Binance now supports Lightning Networkโก deposits for Bitcoin holders! Transaction speed is lightning fastโก, and fees are significantly lower than on the main blockchain (just $0.04). No more waiting 10 minutes for confirmations as Lightning settles in under a minute.
With 69,395 payment channels, and a $147 million capacity, Binance is joining big players like Bitfinex,Kraken, and soon Coinbase in offering this "second layer" solution. ๐ธ
What has been your experience using the Lightning Network for transactions? Let us know in the comments! ๐
