Binance completes integration of Bitcoin Lightning Network

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Crypto exchange Binance has completed the integration of Bitcoin on the Lightning Network, with deposits and withdrawals using the L2 scal now open.

Binance first hinted at the integration of the Lightning Network in May after it had to temporarily pause BTC withdrawals due to a mass of pending transactions caused by the surge of Ordinals inscriptions.

on June 20 shortly after users spotted Binance's own Lightning nodes.
 

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binance When users now choose to withdraw or deposit Bitcoin, they will now be able to select “LIGHTNING” as an option. Other options include BNB Smart Chain (BEP-20), Bitcoin, BNB Beacon Chain (BEP2), BTC (SegWit), and Ethereum (ERC-20).

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