WhiteBIT, a global cryptocurrency exchange with 10 million users, has introduced support for the Bitcoin Lightning Network. This new feature, powered by Voltage, aims to provide faster and more efficient Bitcoin transactions for deposits, withdrawals, top-ups, and QR payments. The integration is designed to make Bitcoin feel instant and practical within the WhiteBIT ecosystem, addressing common issues like slow settlements and high-friction transfers.
WhiteBIT now supports Lightning Network across various user-facing and infrastructure-level flows, including Bitcoin deposits and withdrawals, quick account top-ups, and send-and-receive functionality. This enhancement is particularly beneficial for users in regions where traditional payment methods are expensive, slow, or limited. It offers a faster alternative for remittances, exchange funding, and cross-border payments.
Volodymyr Nosov, Founder and CEO of WhiteBIT, emphasized the company's mission to make blockchain technology accessible. He noted that adding Lightning support aligns with this goal by making Bitcoin faster and more useful for everyday transactions. Graham Krizek, CEO and Founder of Voltage, highlighted the importance of integrating Lightning into a trusted customer experience, praising WhiteBIT's efforts to bring this technology to millions of users.
Voltage's infrastructure supports businesses in launching and operating Lightning payments without managing the complexities of liquidity, channels, routing, and payment reliability. This partnership allows WhiteBIT to focus on customer experience and product rollout while relying on Voltage for production-grade operations. WhiteBIT users can now choose Lightning as a faster way to move Bitcoin into or out of their accounts, enhancing the overall Bitcoin experience.