The Leading Latin American Crypto Exchange Bitso Lightspark and Bitso have partnered to bring the Bitcoin Lightning Network on its platform. Bitso will be able offer faster and cheaper Bitcoin transactions for its 8 million retail users, as well as 1,700 institutions.
Bitso is a leverage Lightspark’s Infrastructure to support Lightning transfers. Lightspark hosts the nodes, while Bitso controls the private keys.
Integration comes in two forms: Lightning Network As Bitcoin adoption grows, payments will be faster, more convenient and cheaper.
Bitso research shows that 53% of cryptocurrency wallets are in the form of a mobile app. Latin America Bitcoin. Also, trading pairs are widely used against fiat currency. Lightning has a perfect fit for cryptocurrencies. upgrade Bitso already has a infrastructure.
Daniel Vogel, the co-founder of Bitso and its CEO, stated: “We’re thrilled to partner with Lightspark to bring Lightning to our platform. This advances our mission of making crypto useful by delivering faster, more cost-effective, and transparent money transfers.”
Bitso is able to provide near instant Bitcoin transactions for a fraction of what it costs regular Bitcoin payments. It opens up new payment and remittance options for retail clients and enterprises.
Lightspark CEO David Marcus Bitso “shares our vision of building open payments for the Internet. This gets us closer to that goal. We know people across Latin America want this solution.”
Bitso is the pioneering Latin American Exchange with millions of Users. The integration of Lightning by Bitso will increase Bitcoin adoption.
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Source: bitcoinmagazine.com