Bitcoin Forum

Economy => Exchanges => Topic started by: coinriches on November 27, 2020, 06:53:15 AM



Title: LIGHTNING NETWORK DEPOSITS?
Post by: coinriches on November 27, 2020, 06:53:15 AM
Are there exchanges out there that have enabled Lightning Network (LN) deposits thus far? I have a slew of stacked Sats requiring Lightning invoices so, I was just wondering if there's an exchange I can simply send them instead of downloading Apps.

Pls let's hear about such development if you're aware of any. I'm sure it will help several other people as well.


Title: Re: LIGHTNING NETWORK DEPOSITS?
Post by: TryNinja on November 27, 2020, 06:58:59 AM
The most notorious one is Bitfinex.

And here are a few others: https://cointastical.medium.com/exchanges-with-support-for-bitcoin-lightning-network-payments-739829bcb7bc


Title: Re: LIGHTNING NETWORK DEPOSITS?
Post by: coinriches on November 27, 2020, 01:11:01 PM
The most notorious one is Bitfinex.

And here are a few others: https://cointastical.medium.com/exchanges-with-support-for-bitcoin-lightning-network-payments-739829bcb7bc


Well, that was some very exhaustive list in there! Thank you so much.

Never knew the Lightning Network has grown this popular behind the scene. I went ahead to attempt to sign up and generate a Lightning invoice at Bitfinex, it worked like charm. No more heavy downloads  and syncing for me.


Title: Re: LIGHTNING NETWORK DEPOSITS?
Post by: hugeblack on November 29, 2020, 06:12:08 PM
Most exchange platforms operate on deposits and withdrawals with amounts greater than $ 100, so adopting a LN wallet will be more expensive than an investment return because they will get small sums for using that service.


Many sites are taking it as evidence that the software is updated and work is underway to develop and keep the problem in the small payments and not being suitable for the platforms.


Title: Re: LIGHTNING NETWORK DEPOSITS?
Post by: coinriches on December 03, 2020, 11:17:15 AM
Most exchange platforms operate on deposits and withdrawals with amounts greater than $ 100, so adopting a LN wallet will be more expensive than an investment return because they will get small sums for using that service.


Many sites are taking it as evidence that the software is updated and work is underway to develop and keep the problem in the small payments and not being suitable for the platforms.

I think the real issue here is that most exchanges that transact on Lightning Network for deposits and withdrawals don't advertise it loudly enough. Otherwise, everyone like what's fast and cheap when it comes to crytp transactions