Kraken Exchange Integrates Bitcoin’s Lightning Network

  • Kraken has integrated Bitcoin’s Lightning Network.
  • Customers can now deposit and withdraw up to 0.1 BTC with instant and cheap Lightning payments.
  • Kraken is running an LND Lightning node.

Cryptocurrency exchange Kraken now supports Bitcoin’s Lightning Network for inexpensive and instant customer deposits and withdrawals of BTC, the company said in a statement sent to Bitcoin Magazine.

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“Adoption is going to come from people who have fiat in their bank account, and they need to get it into Bitcoin,” Pierre Rochard, Bitcoin product manager at Kraken, told Bitcoin Magazine. “Kraken is providing an excellent venue for them to do that, and then they can top up their mobile Lightning wallet and use it as a medium of exchange. That’s clearly the next step in terms of Bitcoin’s evolution.”

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