OKCoin exchange revealed today that it is incorporating Lightning Network, with users expected to reap the benefits at some point in Q1 2021. These benefits consist of deals that take seconds instead of minutes or hours and substantially lower fees and minimum withdrawals.
OKCoin: One of Many Lightning Network Use Cases
In an article, the exchange specified that the combination “& ldquo; will also minimize our current minimum withdrawal/deposit from 0.001 bitcoin or 100k satoshis (~$35) to 0.000001 bitcoin or 100 satoshis (~$0.04).”
& rdquo; Users will have the choice to select whether they want to utilize Lightning Network for their transactions or not.